Company Registration No. SC748084 (Scotland)
Reilly Property Management Ltd
Unaudited accounts
for the year ended 31 October 2025
Reilly Property Management Ltd
Unaudited accounts
Contents
Reilly Property Management Ltd
Company Information
for the year ended 31 October 2025
Directors
Derek Reilly
Cheuk Wing Bobo REILLY
Company Number
SC748084 (Scotland)
Registered Office
3 Fitzroy Place
Glasgow
Lanarkshire
G3 7RH
Scotland
Accountants
TW Accounting Services LTD
650 Stirling Road
Luggiebank
Cumbernauld
G67 4AB
Reilly Property Management Ltd
Statement of financial position
as at 31 October 2025
Investments
1,011,897
998,657
Cash at bank and in hand
8,990
10,331
Creditors: amounts falling due within one year
(1,511)
(1,694)
Net current assets
7,954
15,037
Total assets less current liabilities
1,019,851
1,013,694
Creditors: amounts falling due after more than one year
(1,063,937)
(1,006,373)
Net (liabilities)/assets
(44,086)
7,321
Called up share capital
100
100
Revaluation reserve
(59,657)
-
Profit and loss account
15,471
7,221
Shareholders' funds
(44,086)
7,321
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by
Cheuk Wing Bobo REILLY
Director
Company Registration No. SC748084
Reilly Property Management Ltd
Notes to the Accounts
for the year ended 31 October 2025
Reilly Property Management Ltd is a private company, limited by shares, registered in Scotland, registration number SC748084. The registered office is 3 Fitzroy Place, Glasgow, Lanarkshire, G3 7RH, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investments
Subsidiary undertakings
Valuation at 1 November 2024
998,657
Fair value adjustments
(59,657)
Valuation at 31 October 2025
1,011,897
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,018
1,694
Reilly Property Management Ltd
Notes to the Accounts
for the year ended 31 October 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
447,086
476,054
Loans from directors
616,851
529,419
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).