MITCHWOOD PROPERTIES LTD

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

Registered number: SC672507

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			479,937		481,127

			479,937		481,127
CURRENT ASSETS
Debtors	4	56,649		31,685
Cash at bank and in hand		4,800		7,012

		61,449		38,697
Creditors	5	(190,668 )		(188,782 )

NET CURRENT ASSETS (LIABILITIES)			(129,219 )		(150,085 )

TOTAL ASSETS LESS CURRENT LIABILITIES			350,718		331,042

Creditors: Amounts Falling Due After More Than One Year	6		(359,961 )		(354,248 )

NET LIABILITIES			(9,243 )		(23,206 )

CAPITAL AND RESERVES
Called up share capital	7		4		4
Profit and Loss Account			(9,247 )		(23,210 )

SHAREHOLDERS' FUNDS			(9,243)		(23,206)

Page 1

Page 2

MITCHWOOD PROPERTIES LTD

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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.

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

Mr G Mitchell

Director

22nd May 2026

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

1. General Information

MITCHWOOD PROPERTIES LTD is a private company, limited by shares, incorporated in Scotland, registered number SC672507 . The registered office is 44 Picketlaw Road, Eaglesham, Glasgow, G76 0BF.

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. Going Concern Disclosure

The Company is dependent on the support of the directors to continue in business.The directors have indicated their willingness to continue with support for the forseeable future

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

15% reducing balance

2.4. Investment Properties

Investment properties and improvements are valued at cost

2.5. Bank Loans

The Mortgage Works (UK) plc has a charge over the following investment properties:

Flat 3/2, 360 Cumbernauld Rd, Glasgow G31 3NQ

Flat 56F Divernia Way, Barrhead, Glasgow G78 2JP

120 Elphinstone Crescent, East Kilbride, Glasgow G75 0PW

Flat 0/3, 8 HIghfield Place, Kelvinside, Glasgow G12 0LB

Chartered Court Financial Services Ltd has a charge over the following investment properties:

Flat 0/2, 21 Aberfoyle Street, Hagghill , Glasgow G31 3RW

21A Gladstone Street,Glasgow G4 9PJ

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 2)

4. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	56,649	31,685

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MITCHWOOD PROPERTIES LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Creditors

	2025	2024
	£	£
Accruals and deferred income	1,130	1,130
Directors' loan accounts	189,538	187,652

	190,668	188,782

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

	2025	2024
	£	£
Bank loans	359,961	354,248

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

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