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Registered number: SC167335
Acretown Limited
ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2025
Acretown Limited
ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2025
DIRECTORS
D K Court
J B Alexander
SECRETARY
D K Court
REGISTERED OFFICE
10 Sunnyside
Edinburgh
City of Edinburgh
EH7 5RA
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC167335
ACCOUNTANTS
Hodgson and Company
16 Barnes Green
Livingston
West Lothian
EH54 8PP
Acretown Limited
ACCOUNTS
FOR THEYEARENDED31 JULY 2025
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4
Acretown Limited
BALANCE SHEET AT 31 July 2025
20252024
Notes££
FIXED ASSETS
Tangible assets23,498,2813,496,788
CURRENT ASSETS
Debtors468,61474,677
Cash at bank and in hand162,184159,504
230,798234,181
CREDITORS: Amounts falling due within one year5148,819169,657
NET CURRENT ASSETS81,97964,524
TOTAL ASSETS LESS CURRENT LIABILITIES3,580,2603,561,312
CREDITORS: Amounts falling due after more than one year61,345,0001,345,000
PROVISIONS FOR LIABILITIES AND CHARGES223,195223,195
NET ASSETS2,012,0651,993,117
CAPITAL AND RESERVES
Called up share capital22
Revaluation reserve1d,1,017,6821,017,682
Profit and loss account994,381975,433
SHAREHOLDERS' FUNDS2,012,0651,993,117
For the year ending 31 July 2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29 May 2026 and signed on their behalf by
.............................
D K Court
Director
Acretown Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment 25%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1d. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note ).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
1e.
1f. Turnover
Turnover represents the value of rents receivable, net of Value Added Tax.
Acretown Limited
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 August 2024433433
Additions2,4442,444
At 31 July 20252,8772,877
Depreciation
At 1 August 2024145145
For the year951951
At 31 July 20251,0961,096
Net Book Amounts
At 31 July 20251,7811,781
At 31 July 2024288288
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 August 20243,496,5003,496,500
At 31 July 20253,496,5003,496,500
The investment properties were valued on an open market basis by the directors on 31 July 2025.
If the investment properties had not been revalued they would have been included at an historical cost value of £2,255,623 (2024: £2,092,745).
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors19,07817,758
Other debtors300300
Prepayments1,7717,966
Loans38,61938,619
Directors current account8,8468,625
68,61473,268
Acretown Limited
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax12,88937,956
VAT16,8448,223
Directors current account5,5145,514
Bank Loan30,00030,000
Trade creditors1,345-
Other creditors65,46265,462
Accruals4,1559,892
Deferred income12,61012,610
148,819169,657
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans1,345,0001,345,000
1,345,0001,345,000
7. SECURED CREDITORS
20252024
££
Amount of bank loans and overdrafts which are secured1,375,0001,375,000
The loan from Hampden & Co PLC is secured by means of a standard security over all of the assets of the company.
8. EMPLOYEES
20252024
No.No.
Average number of employees22