REGISTERED NUMBER: SC098964 (Scotland)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

October Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I W McMurdo

Mrs C S McMurdo

SECRETARY:

Mrs C S McMurdo

REGISTERED OFFICE:

Flat 1

4B Ellersly Road

Edinburgh

Lothian

EH12 6HZ

REGISTERED NUMBER:

SC098964 (Scotland)

ACCOUNTANTS:

Cowan & Partners Limited

60 Constitution Street

Edinburgh

EH6 6RR

FIXED ASSETS

Tangible assets

4

2,677

3,766

Investment property

5

1,800,154

1,800,154

1,802,831

1,803,920

CURRENT ASSETS

Debtors

6

3,893

6,752

Cash at bank

21,838

59,740

25,731

66,492

CREDITORS

Amounts falling due within one year

7

547,541

636,935

NET CURRENT LIABILITIES

(521,810

)

(570,443

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,281,021

1,233,477

CREDITORS

Amounts falling due after more than one year

8

11,335

14,411

NET ASSETS

1,269,686

1,219,066

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Capital redemption reserve

10,000

10,000

Other reserves

(184,415

)

(135,415

)

Retained earnings

1,434,101

1,334,481

SHAREHOLDERS' FUNDS

1,269,686

1,219,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 4 June 2026 and were signed on its behalf by:

I W McMurdo - Director

1.	STATUTORY INFORMATION

October Investments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Investment property

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Income

Income is derived from rents received of investment properties held. Income is recognised in line with the relevant rental agreements in place.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

18,121

Disposals

(621

)

At 30 September 2025

17,500

DEPRECIATION

At 1 October 2024

14,355

Charge for year

892

Eliminated on disposal

(424

)

At 30 September 2025

14,823

NET BOOK VALUE

At 30 September 2025

2,677

At 30 September 2024

3,766

There were no indicators of impairment noted in the year.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

1,800,154

Additions

49,000

Revaluations

(49,000

)

At 30 September 2025

1,800,154

NET BOOK VALUE

At 30 September 2025

1,800,154

At 30 September 2024

1,800,154

The Directors have considered current market conditions and consider this valuation to remain an accurate reflection of Fair Value.

Fair value at 30 September 2025 is represented by:

£

Valuation in 2023

(388,218

)

Valuation in 2024

252,803

Cost

1,935,569

1,800,154

A valuation of investment properties held by the company was undertaken by Gardiner & Co in August 2023 and is reflected in the above.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

3,893

2,996

Other debtors

-

3,756

3,893

6,752

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

2,711

2,801

Taxation and social security

82,438

35,183

Other creditors

462,392

598,951

547,541

636,935

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Other creditors

11,335

14,411