BILL PROPERTY INVESTMENTS LIMITED


Directors	BILL, Darren
	BILL, Jillie


Registered Address	82 Clyde Street
	Carluke
	ML8 5BG


Registered Number	SC816896 (Scotland)

Statement of Financial Position
31 July 2025

	Notes	2025
		£	£
Fixed assets
Investment property	3		457,957
			457,957
Current assets
Debtors	4	583
Cash at bank and on hand		2,454
		3,037
Creditors amounts falling due within one year	5	(419,941)
Net current assets (liabilities)			(416,904)
Total assets less current liabilities			41,053
Creditors amounts falling due after one year	6		(54,000)
Net assets			(12,947)
Capital and reserves
Called up share capital			1
Profit and loss account			(12,948)
Shareholders' funds			(12,947)

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 4 June 2026, and are signed on its behalf by:

BILL, Darren
Director
Registered Company No. SC816896

BILL PROPERTY INVESTMENTS LIMITED

Notes to the Financial Statements
for the period ended 31 July 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.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At the balance sheet date the company's balance sheet was overdrawn showing a net deficit. The major creditor of the company is the directors current account. The directors have confirmed that they will not demand repayment of this loan if it would prejudice the payment of external creditors. For this reason the company continues to adopt the going concern basis for these financial statements.

	Turnover policy
	Turnover represents rental income, excluding value added tax. The company's policy is to recognise a sale when substantively all the risks and rewards in connection with the services have been passed to the buyer and to recognise rental income in accordance with the terms of the lease agreements.

	Current taxation
	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.

	Investment property
	Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

2.	Average number of employees


		2025
	Average number of employees during the year	0

3.	Investment property
	The fair value of the investment property at 31 July 2025 has been arrived at on the basis of a valuation carried out at that date by the company directors, who are not professionally qualified valuers. The directors are of the opinion that cost continues to be an accurate representation of the fair value at the year end. The valuation was arrived at by reference to transaction prices for similar properties in their location and takes into account the current state of the rental market in the area where the properties are situated.

Investment property

The fair value of the investment property at 31 July 2025 has been arrived at on the basis of a valuation carried out at that date by the company directors, who are not professionally qualified valuers. The directors are of the opinion that cost continues to be an accurate representation of the fair value at the year end. The valuation was arrived at by reference to transaction prices for similar properties in their location and takes into account the current state of the rental market in the area where the properties are situated.


		£
	Additions	457,957
	At 31 July 25	457,957

4.	Debtors: amounts due within one year

		2025
		£
	Trade debtors / trade receivables	583
	Total	583

5.	Creditors: amounts due within one year

		2025
		£
	Other creditors	417,541
	Accrued liabilities and deferred income	2,400
	Total	419,941

6.	Creditors: amounts due after one year

		2025
		£
	Bank borrowings and overdrafts	54,000
	Total	54,000

7.	Secured creditors
	The bank borrowings of £54,000 is secured by a fixed charged over related investment properties owned by the company. After the balance sheet date, the company has also entered into a number of secured financing arrangements with lending institutions. These facilities are secured by fixed charges over individual investment properties owned by the company. Multiple charges are registered at Companies House in respect of these arrangements, each relating to specific properties.

Secured creditors

The bank borrowings of £54,000 is secured by a fixed charged over related investment properties owned by the company. 

After the balance sheet date, the company has also entered into a number of secured financing arrangements with lending institutions. These facilities are secured by fixed charges over individual investment properties owned by the company. Multiple charges are registered at Companies House in respect of these arrangements, each relating to specific properties.

8.	Related party transactions
	During the year the director had a loan account with the company. At the balance sheet date the company owed the director £417,541. This loan is unsecured, interest free and repayable upon demand