Company registration number SC222303 (Scotland)
HIGHLAND PROPERTIES DEVELOPMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
HIGHLAND PROPERTIES DEVELOPMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
HIGHLAND PROPERTIES DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
14,560
14,308
Current assets
Debtors
4
73,786
112,500
Investments
5
3,870,000
3,780,000
Cash at bank and in hand
21,460
6,491
3,965,246
3,898,991
Creditors: amounts falling due within one year
6
(36,329)
(75,393)
Net current assets
3,928,917
3,823,598
Net assets
3,943,477
3,837,906
Capital and reserves
Called up share capital
56,347
56,347
Capital redemption reserve
3,225,426
3,225,426
Profit and loss reserves
661,704
556,133
Total equity
3,943,477
3,837,906

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 22 June 2026 and are signed on its behalf by:
R J Paterson
Director
Company registration number SC222303 (Scotland)
HIGHLAND PROPERTIES DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

Highland Properties Developments Limited is a private company limited by shares incorporated in Scotland. The registered office is Eastfield House, 35 Eastfield Road, Edinburgh, United Kingdom, EH28 8LS.

1.1
Reporting period

The company's prior year end was shortened to 30 September 2024 to align with other group companies. The financial statements presented cover a full year, whilst the comparative period covers a shortened period of 9 months. The comparative information shown is therefore not entirely comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.3
Going concern

The directors have considered a period of at least twelve months from the date on which these financial statements have been signed and having considered all information available to them, believe it appropriate to prepare the financial statements on a going concern basis.true

The directors therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

HIGHLAND PROPERTIES DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
2
2
HIGHLAND PROPERTIES DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
3
Fixed asset investments
2025
2024
£
£
Listed investments
14,560
14,308
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 October 2024
14,308
Valuation changes through profit and loss
252
At 30 September 2025
14,560
Carrying amount
At 30 September 2025
14,560
At 30 September 2024
14,308
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
73,786
112,500
5
Current asset investments
2025
2024
£
£
Other investments
3,870,000
3,780,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
33,744
Corporation tax
33
6,935
Other creditors
31,841
30,364
Accruals and deferred income
4,455
4,350
36,329
75,393
2025-09-30 2024-10-01 false false false 22 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity R J Paterson K A Richardson K A Richardson SC222303 2024-10-01 2025-09-30 SC222303 2025-09-30 SC222303 2024-09-30 SC222303 core:WithinOneYear 2025-09-30 SC222303 core:WithinOneYear 2024-09-30 SC222303 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 SC222303 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 SC222303 core:ShareCapital 2025-09-30 SC222303 core:ShareCapital 2024-09-30 SC222303 core:CapitalRedemptionReserve 2025-09-30 SC222303 core:CapitalRedemptionReserve 2024-09-30 SC222303 core:RetainedEarningsAccumulatedLosses 2025-09-30 SC222303 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC222303 bus:Director1 2024-10-01 2025-09-30 SC222303 2024-01-01 2024-09-30 SC222303 core:CurrentFinancialInstruments 2025-09-30 SC222303 core:CurrentFinancialInstruments 2024-09-30 SC222303 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC222303 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC222303 bus:FRS102 2024-10-01 2025-09-30 SC222303 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 SC222303 bus:Director2 2024-10-01 2025-09-30 SC222303 bus:CompanySecretary1 2024-10-01 2025-09-30 SC222303 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP