REGISTERED NUMBER: SC785674 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

Companion Property Investment Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Craw

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC785674 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Investment property

4

311,312

224,551

CURRENT ASSETS

Debtors

5

25,365

-

Cash at bank

56,434

9,863

81,799

9,863

CREDITORS

Amounts falling due within one year

6

229,456

36,430

NET CURRENT LIABILITIES

(147,657

)

(26,567

)

TOTAL ASSETS LESS CURRENT LIABILITIES

163,655

197,984

CREDITORS

Amounts falling due after more than one year

7

222,850

206,452

NET LIABILITIES

(59,195

)

(8,468

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

42,919

42,919

Retained earnings

(102,214

)

(51,487

)

SHAREHOLDERS' FUNDS

(59,195

)

(8,468

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 July 2026 and were signed by:

L Craw - Director

1.	STATUTORY INFORMATION

Companion Property Investment Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention as modified by the revaluation of certain assets.

Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis.

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 most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

224,551

Additions

86,761

At 31 October 2025

311,312

NET BOOK VALUE

At 31 October 2025

311,312

At 31 October 2024

224,551

Fair value at 31 October 2025 is represented by:

£

Valuation in 2024

42,919

Cost

268,393

311,312

If investment property had not been revalued it would have been included at the following historical cost:

31.10.25

31.10.24

£

£

Cost

268,393

186,632

Investment property was valued on an open market basis on 31 October 2025 by director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

25,365

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

86,874

-

Other creditors

142,582

36,430

229,456

36,430

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

131,325

150,280

Other creditors

91,525

56,172

222,850

206,452

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

131,325

150,280

8.	SECURED DEBTS

At year-end Together Commercial Finance Limited hold security over:

-All the property or undertaking of the company

-The property at 85 Victoria Street

-The property at 22 Howburn Place

-The property at 96 Clerkhill Road

At year-end Lendinvest BTL Limited hold security over:

-The property at 346 King Street

-The property at 5C Orange Lane

9.

RESERVES

Fair

value

reserve

£

At 1 November 2024

and 31 October 2025

42,919