REGISTERED NUMBER: SC433943 (Scotland)

Unaudited Financial Statements For The Year Ended 27 October 2025

for

Glasgow Residential Investments Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

T E Lovat

R J Lovat

SECRETARY:

R J Lovat

REGISTERED OFFICE:

1008 Pollokshaws Road

Glasgow

G41 2HG

REGISTERED NUMBER:

SC433943 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

CURRENT ASSETS

Debtors

239,658

192,914

Cash at bank and in hand

172

202

239,830

193,116

CREDITORS

Amounts falling due within one year

231,637

179,756

NET CURRENT ASSETS

8,193

13,360

TOTAL ASSETS LESS CURRENT LIABILITIES

8,193

13,360

CREDITORS

Amounts falling due after more than one year

11,419

12,686

NET (LIABILITIES)/ASSETS

(3,226

)

674

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

(3,325

)

575

(3,226

)

674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 27 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by:

R J Lovat - Director

1.	STATUTORY INFORMATION

Glasgow Residential Investments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 28 October 2024

and 27 October 2025

2,150

DEPRECIATION

At 28 October 2024

and 27 October 2025

2,150

NET BOOK VALUE

At 27 October 2025

-

At 27 October 2024

-

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 27 October 2025 and the period ended 27 October 2024:

2025

2024

£

£

T E Lovat

Balance outstanding at start of year

25,583

68,000

Amounts advanced

-

18,000

Amounts repaid

-

(60,417

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

25,583

25,583

R J Lovat

Balance outstanding at start of year

-

85,969

Amounts advanced

28,700

22,610

Amounts repaid

-

(108,579

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

28,700

-