Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC062457 Ms Irene Sime Neil Nisbet & Co Limited Ms. I J I Sime true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC062457 2024-12-31 SC062457 2025-12-31 SC062457 2025-01-01 2025-12-31 SC062457 frs-core:ShareCapital 2025-12-31 SC062457 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 SC062457 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 SC062457 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC062457 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC062457 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC062457 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC062457 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC062457 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC062457 1 2025-01-01 2025-12-31 SC062457 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 SC062457 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 SC062457 frs-bus:Director1 2025-01-01 2025-12-31 SC062457 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 SC062457 frs-countries:Scotland 2025-01-01 2025-12-31 SC062457 2023-12-31 SC062457 2024-12-31 SC062457 2024-01-01 2024-12-31 SC062457 frs-core:ShareCapital 2024-12-31 SC062457 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC062457 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31
Registered number: SC062457
Simloch Properties Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Neil Nisbet & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC062457
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 450,000 450,000
450,000 450,000
CURRENT ASSETS
Debtors 5 - 1,755
Cash at bank and in hand 117 26,317
117 28,072
Creditors: Amounts Falling Due Within One Year 6 (50,110 ) (107,122 )
NET CURRENT ASSETS (LIABILITIES) (49,993 ) (79,050 )
TOTAL ASSETS LESS CURRENT LIABILITIES 400,007 370,950
PROVISIONS FOR LIABILITIES
Deferred Taxation (63,500 ) (63,500 )
NET ASSETS 336,507 307,450
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Fair value reserve 8 322,155 322,155
Profit and Loss Account 13,352 (15,705 )
SHAREHOLDERS' FUNDS 336,507 307,450
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Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Irene Sime
Director
27/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Simloch Properties Limited is a private company, limited by shares, incorporated in Scotland, registered number SC062457 . The registered office is c/o Neil Nisbet & Co., Thain House, 226 Queensferry Road, Edinburgh, EH4 2BP.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 January 2025 and 31 December 2025 450,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 64,345 64,345
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Page 4
The property was valued on an open market basis on 31 December 2025 by the director.
5. Debtors
2025 2024
£ £
Due within one year
Other debtors - 1,755
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 50,110 107,122
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 January 2025 322,155 (15,705 )
Profit for the year and total comprehensive income - 29,057
As at 31 December 2025 322,155 13,352
9. Ultimate Controlling Party
The company's ultimate controlling party is Ms. I J I Sime .
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