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Company Registration No. SC463390 (Scotland)
Fletcher Lettings Limited Unaudited accounts for the year ended 31 December 2025
Fletcher Lettings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Fletcher Lettings Limited Company Information for the year ended 31 December 2025
Directors
Ian Carmichael Douglas Fletcher Margery Anderson Fletcher Lorna Fletcher
Company Number
SC463390 (Scotland)
Registered Office
New Alderston House 3 Dove Wynd Bellshill ML4 3FB United Kingdom
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Fletcher Lettings Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
31,389
34,900
Investment property
5
1,275,000
1,275,000
1,306,389
1,309,900
Current assets
Debtors
6
2,571
6,128
Cash at bank and in hand
36,959
31,957
39,530
38,085
Creditors: amounts falling due within one year
7
(1,058,815)
(1,081,295)
Net current liabilities
(1,019,285)
(1,043,210)
Net assets
287,104
266,690
Capital and reserves
Called up share capital
4
4
Revaluation reserve
161,675
161,675
Profit and loss account
125,425
105,011
Shareholders' funds
287,104
266,690
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by
Lorna Fletcher Director Company Registration No. SC463390
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Fletcher Lettings Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Fletcher Lettings Limited is a private company, limited by shares, registered in Scotland, registration number SC463390. The registered office is New Alderston House, 3 Dove Wynd, Bellshill, ML4 3FB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% SL
Investment property
Investment property, which is property held to earn rentals and/or capital appreciation, is initially recognised as costs, which includes the purchase costs and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised through the profit or loss account. The Directors have assessed the fair value of the investment property at the reporting date and concluded that there has been no material change in value during the year. Accordingly, no fair value gain or loss has been recognised in the profit and loss account.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
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Fletcher Lettings Limited Notes to the Accounts for the year ended 31 December 2025
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2025
54,916
At 31 December 2025
54,916
Depreciation
At 1 January 2025
20,016
Charge for the year
3,511
At 31 December 2025
23,527
Net book value
At 31 December 2025
31,389
At 31 December 2024
34,900
5
Investment property
2025
£
Fair value at 1 January 2025
1,275,000
At 31 December 2025
1,275,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Deferred tax asset
2,571
2,571
Amounts falling due after more than one year
Trade debtors
-
3,557
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,235
2,235
Taxes and social security
5,612
6,275
Other creditors
716
-
Loans from directors
1,049,310
1,072,187
Accruals
942
598
1,058,815
1,081,295
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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