REGISTERED NUMBER: SC787103 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

KD3 Property Investment Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTOR:

Mr D W Thomson

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC787103 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

232,482

185,522

Investment property

5

317,058

305,000

549,540

490,522

CURRENT ASSETS

Debtors

6

2,688

1,369

Cash at bank

11,068

16,117

13,756

17,486

CREDITORS

Amounts falling due within one year

7

46,560

86,529

NET CURRENT LIABILITIES

(32,804

)

(69,043

)

TOTAL ASSETS LESS CURRENT LIABILITIES

516,736

421,479

CREDITORS

Amounts falling due after more than one year

8

(477,606

)

(363,757

)

PROVISIONS FOR LIABILITIES

10

(17,415

)

(7,209

)

NET ASSETS

21,715

50,513

CAPITAL AND RESERVES

Called up share capital

10

10

Revaluation reserve

11

31,602

39,195

Fair value reserve

11

63,418

60,812

Retained earnings

(73,315

)

(49,504

)

SHAREHOLDERS' FUNDS

21,715

50,513

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 her 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 7 July 2026 and were signed by:

Mr D W Thomson - Director

1.	STATUTORY INFORMATION

KD3 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the director and shareholder will continue to financially support the company.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 November 2024

187,959

-

1,653

189,612

Additions

50,219

2,081

-

52,300

At 31 October 2025

238,178

2,081

1,653

241,912

DEPRECIATION

At 1 November 2024

3,759

-

331

4,090

Charge for year

4,764

312

264

5,340

At 31 October 2025

8,523

312

595

9,430

NET BOOK VALUE

At 31 October 2025

229,655

1,769

1,058

232,482

At 31 October 2024

184,200

-

1,322

185,522

Cost or valuation at 31 October 2025 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Valuation in 2025

40,002

2,081

1,653

43,736

Cost

198,176

-

-

198,176

238,178

2,081

1,653

241,912

If freehold property had not been revalued they would have been included at the following historical cost:

31.10.25

31.10.24

£

£

Cost

149,757

149,757

Freehold property was valued on open market basis on by .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

305,000

Additions

12,058

At 31 October 2025

317,058

NET BOOK VALUE

At 31 October 2025

317,058

At 31 October 2024

305,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2024

67,762

Cost

249,296

317,058

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

31.10.25

31.10.24

£

£

Cost

237,237

237,237

Investment property was valued on an open market basis on 31 October 2025 by The Mortgage Works .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

2,688

1,369

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

46,560

86,529

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

222,067

254,972

Other creditors

255,539

108,785

477,606

363,757

9.	SECURED DEBTS

Together commerical hold the following securities:

All and whole the subjects known as and forming 31 st. Andrews drive.

The mortgage works hold the following securities:

All and whole the property known as and forming 45B commerce street, fraserburgh.

All and whole the property known as and forming 34 college bounds, fraserburgh.

Foundation home loans hold the following security:

All and whole the subjects known as and forming 4 andover hill lower, brechin.

10.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

17,415

7,209

Deferred

tax

£

Balance at 1 November 2024

7,209

Provided during year

10,206

Balance at 31 October 2025

17,415

11.

RESERVES

Fair

Revaluation

value

reserve

reserve

Totals

£

£

£

At 1 November 2024

39,195

60,812

100,007

Transfer to reserves

-

2,606

2,606

Deferred tax on revaluation

(7,593

)

-

(7,593

)

At 31 October 2025

31,602

63,418

95,020

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KD3 Property Investment Ltd for the year ended 31 October 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of KD3 Property Investment Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KD3 Property Investment Ltd and state those matters that we have agreed to state to the director of KD3 Property Investment Ltd in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that KD3 Property Investment Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of KD3 Property Investment Ltd. You consider that KD3 Property Investment Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KD3 Property Investment Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

7 July 2026