IRIS Accounts Production v26.1.0.640 SC460103 Board of Directors 1.10.24 30.9.25 30.9.25 false true false false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC460103 2024-09-30 SC460103 2025-09-30 SC460103 2024-10-01 2025-09-30 SC460103 2023-09-30 SC460103 2023-10-01 2024-09-30 SC460103 2024-09-30 SC460103 ns15:Scotland 2024-10-01 2025-09-30 SC460103 ns14:PoundSterling 2024-10-01 2025-09-30 SC460103 ns10:Director1 2024-10-01 2025-09-30 SC460103 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC460103 ns10:SmallEntities 2024-10-01 2025-09-30 SC460103 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 SC460103 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 SC460103 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC460103 ns10:FullAccounts 2024-10-01 2025-09-30 SC460103 1 2024-10-01 2025-09-30 SC460103 ns10:OrdinaryShareClass1 2024-10-01 2025-09-30 SC460103 ns10:Director2 2024-10-01 2025-09-30 SC460103 ns10:RegisteredOffice 2024-10-01 2025-09-30 SC460103 ns5:CurrentFinancialInstruments 2025-09-30 SC460103 ns5:CurrentFinancialInstruments 2024-09-30 SC460103 ns5:Non-currentFinancialInstruments 2025-09-30 SC460103 ns5:Non-currentFinancialInstruments 2024-09-30 SC460103 ns5:ShareCapital 2025-09-30 SC460103 ns5:ShareCapital 2024-09-30 SC460103 ns5:FurtherSpecificReserve1ComponentTotalEquity 2025-09-30 SC460103 ns5:FurtherSpecificReserve1ComponentTotalEquity 2024-09-30 SC460103 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 SC460103 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 SC460103 ns5:IntangibleAssetsOtherThanGoodwill 2024-10-01 2025-09-30 SC460103 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-10-01 2025-09-30 SC460103 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-10-01 2025-09-30 SC460103 ns5:PlantMachinery 2024-10-01 2025-09-30 SC460103 ns5:ComputerEquipment 2024-10-01 2025-09-30 SC460103 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-09-30 SC460103 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-09-30 SC460103 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-09-30 SC460103 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-09-30 SC460103 ns5:PlantMachinery 2024-09-30 SC460103 ns5:ComputerEquipment 2024-09-30 SC460103 ns5:LandBuildings ns5:ShortLeaseholdAssets 2025-09-30 SC460103 ns5:PlantMachinery 2025-09-30 SC460103 ns5:ComputerEquipment 2025-09-30 SC460103 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-09-30 SC460103 ns5:PlantMachinery 2024-09-30 SC460103 ns5:ComputerEquipment 2024-09-30 SC460103 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 SC460103 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 SC460103 ns5:DeferredTaxation 2024-09-30 SC460103 ns5:DeferredTaxation 2024-10-01 2025-09-30 SC460103 ns5:DeferredTaxation 2025-09-30 SC460103 ns10:OrdinaryShareClass1 2025-09-30

REGISTERED NUMBER: SC460103 (Scotland)

| Financial Statements |

| for the Year Ended 30 September 2025 |

| for |

| Crownpoint Developments Limited |

Crownpoint Developments Limited (Registered number: SC460103)

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

Crownpoint Developments Limited

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | Mr B Mitchell

| Mr A A Calderwood

| REGISTERED OFFICE: | Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

| REGISTERED NUMBER: | SC460103 (Scotland)

| ACCOUNTANTS: | O'Haras Chartered Accountants

| Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

Crownpoint Developments Limited (Registered number: SC460103)

Statement of Financial Position

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 3 | 46,596 |  | 50,452 |  |

Property, plant and equipment | 4 | 27,150 |  | 1,068 |  |

Investment property | 5 | 2,259,160 |  | 2,246,560 |  |

2,332,906 |  | 2,298,080 |  |

CURRENT ASSETS

Debtors | 6 | 70,771 |  | 356,282 |  |

Cash at bank | 14,513 |  | 80,172 |  |

85,284 |  | 436,454 |  |

CREDITORS

Amounts falling due within one year | 7 | 732,994 |  | 794,025 |  |

NET CURRENT LIABILITIES | (647,710 | ) | (357,571 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,685,196 |  | 1,940,509 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (341,233 | ) | (433,232 | ) |

PROVISIONS FOR LIABILITIES | 10 | (328,460 | ) | (318,789 | ) |

NET ASSETS | 1,015,503 |  | 1,188,488 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 200 |  | 200 |  |

Investment property

revaluation reserve | 1,113,391 |  | 1,113,391 |  |

Retained earnings | (98,088 | ) | 74,897 |  |

SHAREHOLDERS' FUNDS | 1,015,503 |  | 1,188,488 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Crownpoint Developments Limited (Registered number: SC460103)

Statement of Financial Position - continued

30 September 2025

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 8 May 2026 and were signed on its behalf by:

Mr A A Calderwood - Director

Crownpoint Developments Limited (Registered number: SC460103)

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | 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.

| Going concern

| The directors continue to be satisfied that the company has adequate resources to continue in operation for the next 12 months. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

| Revenue

| Turnover represents the monies received from the rental of industrial studios and warehouse space.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Professional fees on lease are being amortised evenly over their estimated useful life of fifteen years.

| 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.

| Short leasehold | - | over 15 years (period of lease)

| Plant and machinery | - | 15% on reducing balance

| Computer equipment | - | 33% on cost

| 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.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Crownpoint Developments Limited (Registered number: SC460103)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

1. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 the transaction price. 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.

2. | EMPLOYEES AND DIRECTORS

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

3. | INTANGIBLE FIXED ASSETS

| Professional

| fees on

| lease

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 58,807 |  |

| AMORTISATION

| At 1 October 2024 | 8,355 |  |

| Amortisation for year | 3,856 |  |

| At 30 September 2025 | 12,211 |  |

| NET BOOK VALUE

| At 30 September 2025 | 46,596 |  |

| At 30 September 2024 | 50,452 |  |

Crownpoint Developments Limited (Registered number: SC460103)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

4. | PROPERTY, PLANT AND EQUIPMENT

| Short |  | Plant and |  | Computer |

| leasehold |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 1 October 2024 | - |  | 4,215 |  | 771 |  | 4,986 |  |

| Additions | 25,492 |  | - |  | 2,807 |  | 28,299 |  |

| At 30 September 2025 | 25,492 |  | 4,215 |  | 3,578 |  | 33,285 |  |

| DEPRECIATION

| At 1 October 2024 | - |  | 3,147 |  | 771 |  | 3,918 |  |

| Charge for year | 1,699 |  | 160 |  | 358 |  | 2,217 |  |

| At 30 September 2025 | 1,699 |  | 3,307 |  | 1,129 |  | 6,135 |  |

| NET BOOK VALUE

| At 30 September 2025 | 23,793 |  | 908 |  | 2,449 |  | 27,150 |  |

| At 30 September 2024 | - |  | 1,068 |  | - |  | 1,068 |  |

| Cost or valuation at 30 September 2025 is represented by:

| Short |  | Plant and |  | Computer |

| leasehold |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| Cost | 25,492 |  | 4,215 |  | 3,578 |  | 33,285 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 October 2024 | 2,246,560 |  |

| Additions | 12,600 |  |

| At 30 September 2025 | 2,259,160 |  |

| NET BOOK VALUE

| At 30 September 2025 | 2,259,160 |  |

| At 30 September 2024 | 2,246,560 |  |

| Fair value at 30 September 2025 is represented by:

£ |

| Valuation in 2015 | 506,042 |  |

| Valuation in 2017 | 211,170 |  |

| Valuation in 2021 | 714,702 |  |

| Cost | 827,246 |  |

2,259,160 |  |

Crownpoint Developments Limited (Registered number: SC460103)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

5. | INVESTMENT PROPERTY - continued

| If 142-146 Crownpoint Road had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 814,646 |  | 814,646 |  |

| 142-146 Crownpoint Road was valued on an open market basis on 23 November 2021 by DM Hall Chartered Surveyors .

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 8,236 |  | 16,055 |  |

| Other debtors | 62,535 |  | 340,227 |  |

70,771 |  | 356,282 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 75,768 |  | 63,286 |  |

| Trade creditors | 14,583 |  | 30,276 |  |

| Taxation and social security | 36,233 |  | 54,328 |  |

| Other creditors | 606,410 |  | 646,135 |  |

732,994 |  | 794,025 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 341,233 |  | 433,232 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 62,162 |  | 215,587 |  |

9. | SECURED DEBTS

| Barclays Security Trustee Limited hold a floating charge over all the property and undertakings of the company.

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 328,460 |  | 318,789 |  |

Crownpoint Developments Limited (Registered number: SC460103)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

10. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 318,789 |  |

| Charge to Income Statement during year | 9,671 |  |

| Balance at 30 September 2025 | 328,460 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 200 |  | 200 |  |