TAG PROPERTIES SCOTLAND LTD


Directors	John Taggerty
	Sarah Taggerty


Registered Number	SC814019 (Scotland)

Balance Sheet as at
30 June 2025

	Notes	2025
		£	£
Fixed assets
Investment property	3		629,937
			629,937
Current assets
Debtors	4	90
Cash at bank and on hand		1,352
		1,442
Creditors amounts falling due within one year	5	(205,385)
Net current assets (liabilities)			(203,943)
Total assets less current liabilities			425,994
Creditors amounts falling due after one year	6		(437,919)
Net assets			(11,925)
Capital and reserves
Called up share capital			10
Profit and loss account			(11,935)
Shareholders' funds			(11,925)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 8 June 2026, and are signed on its behalf by:

John Taggerty
Director
Registered Company No. SC814019

TAG PROPERTIES SCOTLAND LTD

Notes to the Financial Statements
for the period ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	The financial statements have been prepared on the going concern basis. The director finds it appropriate for the financial statements to be prepared on this basis despite the net liability position of the company. The company is reliant upon the continued support of the director who has confirmed that they will continue to support the company as required.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025
	Average number of employees during the year	2

3.	Investment property

4.	Debtors: amounts due within one year

5.	Creditors: amounts due within one year

		2025
		£
	Other creditors	204,785
	Accrued liabilities and deferred income	600
	Total	205,385

6.	Creditors: amounts due after one year

		2025
		£
	Bank borrowings and overdrafts	437,919
	Total	437,919


	The bank borrowings are secured over the investment property of the company.