REGISTERED NUMBER: 10899558 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

LOCH MOY PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C W A Mcintosh

A J Mcintosh

REGISTERED OFFICE:

Charlton House

Charlton Road

Hitchin

Hertfordshire

SG5 2AB

REGISTERED NUMBER:

10899558 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

-

100

Investment property

5

1,613,298

1,613,298

1,613,298

1,613,398

CURRENT ASSETS

Debtors

6

13,105

22,992

Cash at bank

10,111

6,787

23,216

29,779

CREDITORS

Amounts falling due within one year

7

149,415

172,605

NET CURRENT LIABILITIES

(126,199

)

(142,826

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,487,099

1,470,572

CREDITORS

Amounts falling due after more than one year

8

(1,058,160

)

(1,058,160

)

PROVISIONS FOR LIABILITIES

(93,935

)

(93,935

)

NET ASSETS

335,004

318,477

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

11

334,904

318,377

SHAREHOLDERS' FUNDS

335,004

318,477

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 31 May 2026 and were signed on its behalf by:

C W A Mcintosh - Director

1.	STATUTORY INFORMATION

Loch Moy Properties Ltd is a private company, limited by shares , registered in England and Wales. 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.

Turnover

Income 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

Tangible fixed assets are stated at cost less depreciation.

Depreciation is charged when assets are brought into use to write off their cost over their expected useful lives. Depreciation is calculated on a straight line basis at the following annual rate:

Furniture and equipment - 20%

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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Furniture

and

equipment

£

COST

At 1 September 2024

and 31 August 2025

26,267

DEPRECIATION

At 1 September 2024

26,167

Charge for year

100

At 31 August 2025

26,267

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

100

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

1,613,298

NET BOOK VALUE

At 31 August 2025

1,613,298

At 31 August 2024

1,613,298

Fair value at 31 August 2025 is represented by:

£

Valuation in 2020

180,790

Valuation in 2021

194,951

Cost

1,237,557

1,613,298

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

13,105

22,992

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

3,900

15,978

Other creditors

145,515

156,627

149,415

172,605

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,058,160

1,058,160

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Property mortgages

1,058,160

1,058,160

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

16,562

3,674

Between one and five years

20,059

-

36,621

3,674

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Property mortgages

1,058,160

1,058,160

Security for the property mortgages has been given in the form of a charge over the related investment properties.

11.

RESERVES

Retained

earnings

£

At 1 September 2024

318,377

Profit for the year

16,527

At 31 August 2025

334,904

Retained earnings include non-distributable amounts of £281,806 (2024 - £281,806) arising from the re-statement of investment properties to fair value, net of attributable deferred tax.

12.	DIRECTORS' ACCOUNTS

Other creditors falling due within one year include amounts owed to directors of £141,614 (2024 - £153,263). Whilst these amounts are technically repayable on demand, the directors' intention is that repayments will be made only to the extent that the company's finances allow.