Stirling Residential Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC655441

		30 April 2025		31 October 2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		10,166,000		1,675,000

			10,166,000		1,675,000
CURRENT ASSETS
Debtors	5	28,061		40,317
Cash at bank and in hand		175,270		106,344

		203,331		146,661
Creditors: Amounts Falling Due Within One Year	6	(1,964,780 )		(388,866 )

NET CURRENT ASSETS (LIABILITIES)			(1,761,449 )		(242,205 )

TOTAL ASSETS LESS CURRENT LIABILITIES			8,404,551		1,432,795

Creditors: Amounts Falling Due After More Than One Year	7		(5,893,420 )		(1,254,182 )

NET ASSETS			2,511,131		178,613

CAPITAL AND RESERVES
Called up share capital	8		1		1
Revaluation reserve	9		3,016,791		385,012
Profit and Loss Account			(505,661 )		(206,400 )

SHAREHOLDERS' FUNDS			2,511,131		178,613

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Stirling Residential Limited

Balance Sheet (continued)

As At 30 April 2025

For the period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ewan Dudding

Director

8 May 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Stirling Residential Limited is a private company, limited by shares, incorporated in Scotland, registered number SC655441 . The registered office is 23C Queen Street, Stirling, FK8 1HL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2023: 1)

4. Investment Property

	30 April 2025
	£
Fair Value
As at 1 November 2023	1,675,000
Additions	5,913,641
Disposals	(54,420 )
Revaluations	2,631,779

As at 30 April 2025	10,166,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	30 April 2025	31 October 2023
	£	£
Cost	7,149,208	1,289,988

5. Debtors

	30 April 2025	31 October 2023
	£	£
Due within one year
Other debtors	28,061	40,317

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Stirling Residential Limited

Notes to the Financial Statements (continued)

For the Period 1 November 2023 to 30 April 2025

6. Creditors: Amounts Falling Due Within One Year

	30 April 2025	31 October 2023
	£	£
Bank loans and overdrafts	-	51,847
Amounts owed to participating interests	875,503	15,000
Other creditors	1,089,277	322,019

	1,964,780	388,866

7. Creditors: Amounts Falling Due After More Than One Year

	30 April 2025	31 October 2023
	£	£
Bank loans	5,793,420	1,154,182
Other loans	100,000	100,000

	5,893,420	1,254,182

8. Share Capital

	30 April 2025	31 October 2023
	£	£
Allotted, Called up and fully paid	1	1

9. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 November 2023	385,012	(206,400 )
Loss for period	-	(299,261)

Revaluation for period	2,631,779	-

Other comprehensive income for the period	2,631,779	-

Total comprehensive income for the period	2,631,779	(299,261 )

As at 30 April 2025	3,016,791	(505,661 )

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