Company No: SC647085 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.01.2026		29.11.2024
		£		£
Fixed assets
Investment property	3	0		825,000
		0		825,000
Current assets
Debtors	4	0		36,720
Cash at bank and in hand		2		3,162
		2		39,882
Creditors: amounts falling due within one year	5	( 5,159)		( 312,850)
Net current liabilities		(5,157)		(272,968)
Total assets less current liabilities		(5,157)		552,032
Creditors: amounts falling due after more than one year	6	0		( 517,827)
Provision for liabilities		0		( 19,724)
Net (liabilities)/assets		( 5,157)		14,481
Capital and reserves
Called-up share capital	7	1		1
Fair value reserve		0		59,173
Profit and loss account		( 5,158 )		( 44,693 )
Total shareholder's (deficit)/funds		( 5,157)		14,481

For the financial period ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Pender Property Investment Limited (registered number: SC647085) were approved and authorised for issue by the Board of Directors on 27 May 2026. They were signed on its behalf by:

Mr S Pender Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Pender Property Investment Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 16 Kenilworth Road, Bridge Of Allan, Stirling, FK9 4DU, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length has been extended from 29 November 2025 to 31 January 2026 to capture the cessation of the trade.

Turnover

Turnover is recognised at the fair value of the rents received, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the Company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2. Employees

	Period from 30.11.2024 to 31.01.2026		Year ended 29.11.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, excluding directors	0		0

3. Investment property

	Investment property
	£
Valuation
As at 30 November 2024	825,000
Additions	558,246
Disposals	(1,383,246)
As at 31 January 2026	0

4. Debtors

	31.01.2026		29.11.2024
	£		£
Other debtors	0		36,720

5. Creditors: amounts falling due within one year

	31.01.2026		29.11.2024
	£		£
Amounts owed to Group undertakings	0		241,909
Other creditors	5,159		70,941
	5,159		312,850

6. Creditors: amounts falling due after more than one year

	31.01.2026		29.11.2024
	£		£
Other creditors	0		517,827

7. Called-up share capital

	31.01.2026		29.11.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

8. Related party transactions

Transactions with entities in which the entity itself has a participating interest

	31.01.2026		29.11.2024
	£		£
Entities with control, joint control or significant influence over the company	0		241,909

Transactions with the entity's directors

	31.01.2026		29.11.2024
	£		£
Key management personnel	0		66,491