FRS102 1A Filleted


Company registration number:				SC813470
Balgillo Properties Ltd

Balance sheet
as at 30 June 2025

	Note	£	£
Fixed assets
Investment property	4	349,800
			349,800
Current assets
Debtors	5	800
Cash at bank and in hand		3,793
			4,593
Creditors: amounts falling due within one year	6		(125,000)
Net current liabilities			(120,407)
Total assets less current liabilities			229,393
Creditors: Amounts falling due after more than one year	7		(247,440)
NET LIABILITIES			(18,047)

Capital and reserves
Called up share capital			100
Profit and loss account			(18,147)
TOTAL EQUITY			(18,047)


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 30 June 2025.

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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

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Company registration number:		SC813470
Balgillo Properties Ltd

Balance sheet - continued
as at 30 June 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.

These financial statements were approved by the Board of directors and authorised for issue on 13 June 2026 and signed on its behalf by:

Mr B Farquharson, Director	Mrs L Farquharson, Director
13 June 2026	13 June 2026

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	Balgillo Properties Ltd

	Notes to the financial statements
	for the period ended 30 June 2025


	1	Company information

		Balgillo Properties Ltd is a private company registered in Scotland. Its registered number is SC813470. The company is limited by shares. Its registered office is 13 Elie Place, Broughty Ferry, Dundee, Angus, DD5 3SD.

	2	Accounting policies

		Basis of preparing the financial statements
		These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.

		Presentation currency
		The company's financial statements are presented in sterling.

		Going concern
		In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

		The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

		Turnover
		Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

		Investment property
		Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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Balgillo Properties Ltd

Notes to the financial statements - continued
for the period ended 30 June 2025

2	Accounting policies - continued

	Financial instruments
	Financial Instruments The company only 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, loans to related parties and investments in non-puttable ordinary shares 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 financial 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. Financial assets are derecognised only when contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and subsequently all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. Basic financial liabilities, including trade and other creditors, bank loans and other loans, are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial assets and liabilities are derecognised when the contractual rights to the cash flows from the asset expire or are settled and when the company's contractual obligations expire or are discharged or cancelled.

3	Average number of employees

	During the period the average number of employees was 2.

4	Investment property

		£
	Valuation
	Additions	349,800
	At 30 June 2025	349,800


5	Debtors

		£
	Other debtors	800


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	Company registration number:	SC813470

	Annual report and unaudited financial statements
	for the period ended 30 June 2025
	for
	Balgillo Properties Ltd


	Pages for filing with the Registrar