Company Registration No. SC560997 (Scotland)
ALPHA PROPERTY (SCOTLAND) LIMITED
Unaudited accounts
for the period from 1 April 2024 to 31 May 2025
ALPHA PROPERTY (SCOTLAND) LIMITED
Unaudited accounts
Contents
ALPHA PROPERTY (SCOTLAND) LIMITED
Statement of financial position
as at 31 May 2025
Tangible assets
234,948
235,000
Cash at bank and in hand
611
1,073
Creditors: amounts falling due within one year
(18,634)
(44,659)
Net current liabilities
(18,023)
(43,586)
Total assets less current liabilities
216,925
191,414
Creditors: amounts falling due after more than one year
(190,870)
(171,164)
Provisions for liabilities
Deferred tax
(11,632)
(11,632)
Called up share capital
100
100
Revaluation reserve
24,750
24,750
Profit and loss account
(10,427)
(16,232)
Shareholders' funds
14,423
8,618
For the period ending 31 May 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2026 and were signed on its behalf by
Alexander Sikorsky
Director
Company Registration No. SC560997
ALPHA PROPERTY (SCOTLAND) LIMITED
Notes to the Accounts
for the period from 1 April 2024 to 31 May 2025
ALPHA PROPERTY (SCOTLAND) LIMITED is a private company, limited by shares, registered in Scotland, registration number SC560997. The registered office is 51 Roods, Kirriemuir, Angus, DD8 4HP, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
234,792
609
235,401
At 31 May 2025
234,792
609
235,401
Charge for the period
-
52
52
At 31 May 2025
234,792
156
234,948
At 31 March 2024
234,792
208
235,000
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,248
8,166
Taxes and social security
1,139
-
Loans from directors
7,086
34,806
ALPHA PROPERTY (SCOTLAND) LIMITED
Notes to the Accounts
for the period from 1 April 2024 to 31 May 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
190,870
171,164
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan account
(24,397)
25,097
-
700
8
Transactions with related parties
Loans from directors.
At 31st May 2025 the company owed Alexander Sikorsky the amount of £7,086 (2024 £10,409).
9
Average number of employees
During the period the average number of employees was 2 (2024: 2).