REGISTERED NUMBER: SC573484 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 August 2025

for

KST Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

Miss K D Todd

Mrs S Todd

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

G32 8FH

REGISTERED NUMBER:

SC573484 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

137

513

Investment property

5

1,060,000

1,473,000

1,060,137

1,473,513

CURRENT ASSETS

Debtors

6

167,555

97,677

Cash at bank

14,681

2,452

182,236

100,129

CREDITORS

Amounts falling due within one year

7

367,910

415,187

NET CURRENT LIABILITIES

(185,674

)

(315,058

)

TOTAL ASSETS LESS CURRENT LIABILITIES

874,463

1,158,455

CREDITORS

Amounts falling due after more than one year

8

(792,654

)

(996,259

)

PROVISIONS FOR LIABILITIES

(27,463

)

(48,840

)

NET ASSETS

54,346

113,356

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

136,707

169,242

Retained earnings

(82,461

)

(55,986

)

54,346

113,356

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 28 May 2026 and were signed on its behalf by:

Miss K D Todd - Director

1.	STATUTORY INFORMATION

KST Investments 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 as modified by the revaluation of certain assets.

Management have reviewed the financial performance and are confident the business will continue into the foreseeable future; therefore, the accounts have been prepared on a going concern basis.

Turnover

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

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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% 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.

Financial instruments

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 trade 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.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

1,338

15,893

2,745

19,976

DEPRECIATION

At 1 September 2024

1,338

15,775

2,350

19,463

Charge for year

-

18

358

376

At 31 August 2025

1,338

15,793

2,708

19,839

NET BOOK VALUE

At 31 August 2025

-

100

37

137

At 31 August 2024

-

118

395

513

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,473,000

Additions

66,588

Disposals

(425,676

)

Revaluations

(53,912

)

At 31 August 2025

1,060,000

NET BOOK VALUE

At 31 August 2025

1,060,000

At 31 August 2024

1,473,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2023

163,765

Valuation in 2025

(53,912

)

Cost

950,147

1,060,000

Each property has been valued throughout the year and reviewed by director at 31/08/2025 and assessed as fair value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

-

2,000

Other debtors

167,555

95,677

167,555

97,677

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

14,811

12,831

Taxation and social security

413

4,507

Other creditors

352,686

397,849

367,910

415,187

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

792,654

996,259

9.	SECURED DEBTS

The bank hold the following securities:

1. All and while the subjects being the northmost house on the first floor of the tenement 9 Newhouse, Stirling, FK8 2AG and all and while the subjects being the southmost house on the first floor of the tenement 9 Newhouse, Stirling, FK8 2AG.

Private investors hold the following securities:

1. All and whole the subjects known as and forming 19D Bruce Street, Stirling, FK8 1PD.

2. All and whole the subjects known as and forming 55C Drip Road, Stirling, FK8 1RN.

3. All and whole the subjects known as and forming 82 Loudon Crescent, Kilwinning, KA13 6TS.

5. All and whole the subjects known as and forming 4 Paradise Lane, Kincardine, Alloa, FK10 4LR.

6. All and whole the subjects known as and forming 5 Endrick Place, Stirling, FK7 9EL.

7. All and whole the subjects known as and forming 65 Strathmore Drive, Stirling, FK9 5BE.

8. All and whole the subjects known as and forming 30 Earlsburn Avenue, Stirling, FK7 9DJ.

9. All and whole that area of ground extending to two hundred and eighty nine decimal or one thousandth parts of an acre or thereby imperial measure lying within the burgh and county of stirling described in and delineated and coloured pink on the plan annexed to the disposition by the trustees of john jamieson in favour of jamieson and munro limited dated sixteenth may and recorded in the division of the general register of sasines for the county of stirling on second december both in the year nineteen hundred and forty four.

10. All and whole the subjects known as and forming 42D Upper Craigs, Stirling, FK8 2DS.

11. All and whole the subjects known as and forming 13F Bruce Street, Stirling, FK8 1PD.

10.	RELATED PARTY DISCLOSURES

As at 31/08/2025 KST was owed £99,149 from KMT Property Solutions Ltd.

As at 31/08/2025 KST owed Todd Investments Group Ltd £26,050.

As at 31/08/2025 KST was owed £53,100 from Tudor McCartney Ltd.

As at 31/08/2025 KST was owed £11,200 from Todd Investment Group Asset Management.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KST Investments Ltd for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of KST Investments Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KST Investments Ltd and state those matters that we have agreed to state to the Board of Directors of KST Investments Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that KST Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of KST Investments Ltd. You consider that KST Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KST Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

28 May 2026