REGISTERED NUMBER: SC360825 (Scotland)

Unaudited Financial Statements

for the Period 1 July 2024 to 31 August 2025

for

Asset One Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

E McKay

SECRETARY:

REGISTERED OFFICE:

1 South Caldeen Road

Coatbridge

North Lanarkshire

ML5 4EG

REGISTERED NUMBER:

SC360825 (Scotland)

ACCOUNTANTS:

Gordon Ferguson & Co Ltd

76 Hamilton Road

Motherwell

Lanarkshire

ML1 3BY

CURRENT ASSETS

Debtors

4

158,243

1,008,061

Investments

5

758,286

-

Cash at bank

277,239

413,987

1,193,768

1,422,048

CREDITORS

Amounts falling due within one year

6

9,337

17,496

NET CURRENT ASSETS

1,184,431

1,404,552

TOTAL ASSETS LESS CURRENT LIABILITIES

1,184,431

1,404,552

CREDITORS

Amounts falling due after more than one year

7

954,625

1,213,745

NET ASSETS

229,806

190,807

CAPITAL AND RESERVES

Called up share capital

1,004

1,004

Retained earnings

228,802

189,803

229,806

190,807

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

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

The director acknowledges his 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 director and authorised for issue on 2 March 2026 and were signed by:

E McKay - Director

1.	STATUTORY INFORMATION

Asset One 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.

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.

Turnover

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

Taxation

Taxation for the period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

30.6.24

£

£

Other debtors

158,243

1,008,061

5.	CURRENT ASSET INVESTMENTS

31.8.25

30.6.24

£

£

Listed investments

758,286

-

Market value of listed investments at 31 August 2025 - £ 758,286 .

Current asset investments comprise listed equity shares measured at fair value, with changes recognised in profit or loss.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

30.6.24

£

£

Bank loans and overdrafts

7,850

10,648

Taxation and social security

1,487

6,848

9,337

17,496

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

30.6.24

£

£

Bank loans

-

9,234

Other creditors

954,625

1,204,511

954,625

1,213,745