Regis Property Scotland Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC479224 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Regis Property Scotland Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Longmuir

D Cairns

REGISTERED OFFICE:

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

REGISTERED NUMBER:

SC479224 (Scotland)

ACCOUNTANTS:

Accountants Plus

Chartered Certified Accountants

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

FIXED ASSETS

Tangible assets

4

128,154

225,072

Investment property

5

785,976

914,130

1,011,048

CURRENT ASSETS

Debtors

6

132,565

101,817

Cash at bank

99,204

16,222

231,769

118,039

CREDITORS

Amounts falling due within one year

7

273,826

287,244

NET CURRENT LIABILITIES

(42,057

)

(169,205

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

872,073

841,843

CREDITORS

Amounts falling due after more than one
year

8

(56,319

)

(66,208

)

PROVISIONS FOR LIABILITIES

(95,999

)

(100,777

)

NET ASSETS

719,755

674,858

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

10

283,559

Retained earnings

436,096

391,199

719,755

674,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by:

R Longmuir - Director

1.	STATUTORY INFORMATION

Regis Property Scotland Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost, 20% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances

Cash and bank balances are measured at the transaction price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

347,206

Disposals

(90,802

)

At 31 December 2025

256,404

DEPRECIATION

At 1 January 2025

122,134

Charge for year

31,443

Eliminated on disposal

(25,327

)

At 31 December 2025

128,250

NET BOOK VALUE

At 31 December 2025

128,154

At 31 December 2024

225,072

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

785,976

NET BOOK VALUE

At 31 December 2025

785,976

At 31 December 2024

785,976

Fair value at 31 December 2025 is represented by:

£

Valuation in 2017

378,078

Cost

407,898

785,976

If investment property had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

Cost

407,898

Investment property was valued on a far value basis on 31 December 2017 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

7,374

5,017

Other debtors

95,900

96,800

Prepayments and accrued income

29,291

-

132,565

101,817

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Hire purchase contracts

11,974

11,710

Trade creditors

874

817

Amounts owed to participating interests

187,317

212,802

Tax

16,705

1,784

VAT

19,755

5,976

Other creditors

2,780

8,100

Directors' current accounts

33,333

45,000

Accrued expenses

1,088

1,055

273,826

287,244

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Hire purchase contracts

56,319

66,208

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Hire purchase contracts

68,293

77,918

Hire purchase contracts are secured on the assets to which they relate.

10.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

283,559

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed a balance of £95,900 (2024 - £95,900) from Cairns and Longmuir Holdings Ltd. Mr R Longmuir and Mr D Cairns are directors of both companies.

At the balance sheet date, the company owed a balance of £40,500 (2024 - £16,000) to Coast 2 Country Campers Ltd. Mr R Longmuir and Mr D Cairns are directors of both companies.

At the balance sheet date, the company owed a balance of £126,150 (2024 - £170,302) to Regis Banqueting Ltd. Mr R Longmuir is a director of both companies.

At the balance sheet date, the company owed a balance of £4,000 (2024 - £4,000) to Team Campervan Conversions Ltd. Mr R Longmuir and Mr D Cairns are directors of both companies.

At the balance sheet date, the company owed a balance of £16,667 (2024 - £22,500) to Team Installation Limited. Mr D Cairns is a director of both companies.