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COMPANY REGISTRATION NUMBER: SC664034

Wellhall Properties Limited

Filleted Unaudited Abridged Financial Statements

For the year ended

30 June 2025

Wellhall Properties Limited

Abridged Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 71,722 | 71,722

Current assets

Cash at bank and in hand | 4,452 |  | 5,225

Creditors: amounts falling due within one year | 66,514 |  | 73,033
| -------- |  | --------
Net current liabilities |  | 62,062 | 67,808
|  | -------- | --------
Total assets less current liabilities |  | 9,660 | 3,914
|  | ------- | -------
Net assets |  | 9,660 | 3,914
|  | ------- | -------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | 9,658 | 3,912
|  | ------- | -------
Shareholders funds |  | 9,660 | 3,914
|  | ------- | -------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Wellhall Properties Limited

Abridged Statement of Financial Position (continued)

30 June 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 5 June 2026 , and are signed on behalf of the board by:

Mr J Gilchrist
Director

Company registration number: SC664034

Wellhall Properties Limited

Notes to the Abridged Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 22 Wellhall Road, Hamilton, ML3 9BG.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rental properties.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. No depreciation is charged on investment property.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: 2 ).
5. Tangible assets

| £
Cost |
At 1 July 2024 and 30 June 2025 | 71,722
| --------
Depreciation |
At 1 July 2024 and 30 June 2025 | –
| --------
Carrying amount |
At 30 June 2025 | 71,722
| --------
At 30 June 2024 | 71,722
| --------

In the opinion of the directors, the carrying value of the investment properties reflected in these accounts is in line with the current market value of those properties.
6. Directors' advances, credits and guarantees
The directors loan account was not overdrawn at any time during the year.