Claremont Park Ltd 30/09/2025 iXBRL

Company registration number: SC157926

Claremont Park Ltd

Unaudited filleted financial statements

30 September 2025

Claremont Park Ltd

Statement of financial position

30 September 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	1,915,736		1,780,140
		_______		_______
			1,915,736		1,780,140

Current assets
Stocks		750		750
Debtors	7	240,622		360,795
Cash at bank and in hand		1,679		28,138
		_______		_______
		243,051		389,683
Creditors: amounts falling due
within one year	8	( 235,981)		( 161,421)
		_______		_______
Net current assets			7,070		228,262
			_______		_______
Total assets less current liabilities			1,922,806		2,008,402

Creditors: amounts falling due
after more than one year	9		( 64,490)		( 10,833)

Provisions for liabilities	10		( 41,566)		( 50,137)

			_______		_______
Net assets			1,816,750		1,947,432
			_______		_______

Capital and reserves
Called up share capital	12		300,000		300,000
Revaluation reserve			795,583		797,474
Profit and loss account			721,167		849,958
			_______		_______
Shareholders funds			1,816,750		1,947,432
			_______		_______

For the year ending 30 September 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 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 financial statements.

These 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 statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 10 June 2026 , and are signed on behalf of the board by:

Shafqat Ali

Director

Company registration number: SC157926

Claremont Park Ltd

Notes to the financial statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in Scotland ( SC157926 ). The address of the registered office is 6 Claremont Park, Edinburgh, EH6 7PH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

The level of rounding in the financial statements is to the nearest £1.

The financial statements relate to the individual entity only.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for fees invoiced during the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Buildings	-	2 %	straight line
Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance
Land	-	Nil

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at cost.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.Government grants are recognised using the accrual model.Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

Basic financial instruments are initially recognised at the tranaction 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. Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash and short term highly liquid investments. Creditors are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 46 (2024: 45).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 October 2024 and 30 September 2025	215,000	215,000
	_______	_______
Amortisation
At 1 October 2024 and 30 September 2025	215,000	215,000
	_______	_______
Carrying amount
At 30 September 2025	-	-
	_______	_______
At 30 September 2024	-	-
	_______	_______

6. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 October 2024	1,726,026	465,079	49,995	2,241,100
Additions	-	18,064	207,190	225,254
Disposals	-	-	( 49,995)	( 49,995)
	_______	_______	_______	_______
At 30 September 2025	1,726,026	483,143	207,190	2,416,359
	_______	_______	_______	_______
Depreciation
At 1 October 2024	75,618	349,271	36,071	460,960
Charge for the year	2,521	30,048	43,165	75,734
Disposals	-	-	( 36,071)	( 36,071)
	_______	_______	_______	_______
At 30 September 2025	78,139	379,319	43,165	500,623
	_______	_______	_______	_______
Carrying amount
At 30 September 2025	1,647,887	103,824	164,025	1,915,736
	_______	_______	_______	_______
At 30 September 2024	1,650,408	115,808	13,924	1,780,140
	_______	_______	_______	_______

Freehold property is recognised above using a pre transition value as deemed cost at 1 October 2015. The historical cost of the freehold property is £821,131.

7. Debtors

	2025	2024
	£	£
Trade debtors	80,639	123,135
Amounts owed by group undertakings and undertakings in which the company has a participating interest	69,502	232,001
Other debtors	90,481	5,659
	_______	_______
	240,622	360,795
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	71,001	76,411
Corporation tax	45,312	21,414
Social security and other taxes	29,754	30,305
Other creditors	79,914	23,291
	_______	_______
	235,981	161,421
	_______	_______

A standard security was granted on 7 August 2009 in favour of Barclays Bank Plc in respect of all sums due or to become due. This also includes all sums due by the parent company Claremont Park (Scotland) Ltd. Barclays Bank Plc also holds a bond and floating charge over all assets of the company. Bounce back loan is secured over assets in the company. Hire purchase creditors are secured over the assets which they relate.

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

	2025	2024
	£	£
Bank loans and overdrafts	833	10,833
Other creditors	63,657	-
	_______	_______
	64,490	10,833
	_______	_______

10. Provisions

	Deferred tax (note 11)	Total
	£	£
At 1 October 2024	50,137	50,137
Charges against provisions	( 8,571)	( 8,571)
	_______	_______
At 30 September 2025	41,566	41,566
	_______	_______

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 10)	41,566	50,137
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Revaluation of tangible assets	50,707	50,707
Other timing differences	( 9,141)	( 570)
	_______	_______
	41,566	50,137
	_______	_______

12. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	300,000	300,000	300,000	300,000
	_______	_______	_______	_______

13. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
		168	35,000	( 35,000)	168
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
		168	2,500	( 2,500)	168
		_______	_______	_______	_______

Included in debtors is an amount owed to the director from the company of £168 (2024: £168). This amount is interest free and repayable on demand.

14. Related party transactions

Included within debtors is an amount owed from the parent company Claremont Park (Scotland) Ltd of £69,502 (2024 £232,001). This amount is interest free and repayable on demand.