REGISTERED NUMBER: SC740707 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

Sasha Morgan Property Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

G T Fleming

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC740707 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Investment property

4

1,329,731

604,444

CURRENT ASSETS

Debtors

5

138,260

146,960

Cash at bank

10,963

44,750

149,223

191,710

CREDITORS

Amounts falling due within one year

6

1,014,614

504,634

NET CURRENT LIABILITIES

(865,391

)

(312,924

)

TOTAL ASSETS LESS CURRENT LIABILITIES

464,340

291,520

CREDITORS

Amounts falling due after more than one year

7

(412,568

)

(216,187

)

PROVISIONS FOR LIABILITIES

9

(14,690

)

(17,876

)

NET ASSETS

37,082

57,457

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

10

91,993

68,808

Retained earnings

(54,912

)

(11,352

)

37,082

57,457

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 20 July 2026 and were signed by:

G T Fleming - Director

1.	STATUTORY INFORMATION

Sasha Morgan Property Investments 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.

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 NIL (2024 - 1 ).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

604,444

Additions

705,287

Revaluations

20,000

At 31 October 2025

1,329,731

NET BOOK VALUE

At 31 October 2025

1,329,731

At 31 October 2024

604,444

Fair value at 31 October 2025 is represented by:

£

Valuation in 2024

86,683

Valuation in 2025

20,000

Cost

1,223,048

1,329,731

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

31.10.25

31.10.24

£

£

Cost

1,220,247

517,761

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

138,260

146,960

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

404,499

-

Other creditors

610,115

504,634

1,014,614

504,634

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

412,568

216,187

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

412,568

216,187

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

817,067

216,187

Lendinvest BTL hold the following securities:

1. 22 Pentland Road

Together Commercial hold the following securities:

1. Floating charge covering all property or undertaking.

2. Flat F, 38 Ashvale Place

3. 5A Arthur Street

4 Flat C, 288 Hardgate

5. Flat 5, 204 George Street

6. 30E Hill Street

The Mortgage Works (UK) hold the following securities:

1. 78 Bowhouse Road

2. 45 Sunnybank Place

3. 47 Sunnybank Place

4. 651 Great Northern Road

5. 11 Howburn Place

9.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

14,690

17,876

Deferred

tax

£

Balance at 1 November 2024

17,876

Provided during year

(3,186

)

Balance at 31 October 2025

14,690

10.

RESERVES

Fair

value

reserve

£

At 1 November 2024

68,808

Transfer to fair value reserve

19,999

Deferred tax on revaluation

3,186

At 31 October 2025

91,993

11.	RELATED PARTY DISCLOSURES

At 31/10/2025, Sasha Morgan Property Investments Ltd owed £25,801 (PY - £0) to Garry Fleming Safety Solutions Ltd. The companies share a director.

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 Sasha Morgan Property Investments Ltd for the year ended 31 October 2025 which comprise the Income Statement, 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 Sasha Morgan Property Investments Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sasha Morgan Property Investments Ltd and state those matters that we have agreed to state to the director of Sasha Morgan Property Investments 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 Sasha Morgan Property Investments 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 Sasha Morgan Property Investments Ltd. You consider that Sasha Morgan Property Investments 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 Sasha Morgan Property Investments 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

20 July 2026