ADELPHI 19 LIMITED


Director	KEANE, Robert


Registered Address	19 Adelphi
	Aberdeen
	AB11 5BL


Registered Number	SC437168 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Called up share capital not paid			10		10
Fixed assets
Tangible assets	3		317,570		175,410
			317,570		175,410
Current assets
Debtors	4	10,339		5,000
Cash at bank and on hand		1,760		9,332
		12,099		14,332
Creditors amounts falling due within one year	5	(58,634)		(98,712)
Net current assets (liabilities)			(46,525)		(84,370)
Total assets less current liabilities			271,045		91,040
Creditors amounts falling due after one year	6		(253,274)		(74,781)
Net assets			17,771		16,259
Capital and reserves
Called up share capital			10		10
Profit and loss account			17,761		16,249
Shareholders' funds			17,771		16,259

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 16 July 2026, and are signed on its behalf by:

KEANE, Robert
Director
Registered Company No. SC437168

ADELPHI 19 LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Foreign currency translation
	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.

Foreign currency translation

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 November 24	175,410	395	175,805
Additions	142,160	-	142,160
At 31 October 25	317,570	395	317,965
Depreciation and impairment
At 01 November 24	-	395	395
At 31 October 25	-	395	395
Net book value
At 31 October 25	317,570	-	317,570
At 31 October 24	175,410	-	175,410

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	600	-
Amounts owed by associates and joint ventures / participating interests	7,180	5,000
Prepayments and accrued income	2,559	-
Total	10,339	5,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,340	40,942
Bank borrowings and overdrafts	3,059	3,726
Amounts owed to related parties	52,161	52,161
Taxation and social security	355	163
Accrued liabilities and deferred income	719	1,720
Total	58,634	98,712


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	253,274	74,781
Total	253,274	74,781