Scadding Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08410055

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		15,243		290,080

			15,243		290,080
CURRENT ASSETS
Debtors	5	174,749		171,749
Cash at bank and in hand		199,520		1,890

		374,269		173,639
Creditors: Amounts Falling Due Within One Year	6	(125,642 )		(120,861 )

NET CURRENT ASSETS (LIABILITIES)			248,627		52,778

TOTAL ASSETS LESS CURRENT LIABILITIES			263,870		342,858

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,687 )		(31,921 )

NET ASSETS			261,183		310,937

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			261,181		310,935

SHAREHOLDERS' FUNDS			261,183		310,937

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Scadding Properties Limited

Balance Sheet (continued)

As At 31 December 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr D J Scadding

Director

8 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Scadding Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08410055 . The registered office is Unit G9, Frome Business Park , Manor Road, Marston Trading Estate, Frome, Somerset, BA11 4FN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is recognised at the fair value of the consideration received or receivable from the provision of property rental within the UK, net of discounts and VAT.

Turnover is in line with rental periods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	10% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Scadding Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Land & Property
	Freehold	Investment Properties	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 January 2025	2,634	270,000	20,000	22,651	315,285
Additions	-	45,562	-	-	45,562
Disposals	-	(315,562 )	-	-	(315,562 )

As at 31 December 2025	2,634	-	20,000	22,651	45,285

Depreciation
As at 1 January 2025	1,413	-	10,400	13,392	25,205
Provided during the period	122	-	2,400	2,315	4,837

As at 31 December 2025	1,535	-	12,800	15,707	30,042

Net Book Value
As at 31 December 2025	1,099	-	7,200	6,944	15,243

As at 1 January 2025	1,221	270,000	9,600	9,259	290,080

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	174,749	171,749

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	114,190	120,861
Taxation and social security	11,452	-

	125,642	120,861

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary A shares of £ 1.00 each	1	1
1 Ordinary B shares of £ 1.00 each	1	1

	2	2

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Scadding Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Related Party Transactions

Transactions with directors

During the year the directors maintained loan accounts with the company.

During the year £41,338 was loaned to the company from a director and £44,651 was repaid. The balance owed by the company at the beginning of the year was £58,907 and at the end of the year was £55,594. No interest was charged to the company on the outstanding directors loan account credit balance. The loan is unsecured and repayable on demand.

Transactions with related parties

During the year the company maintained loan accounts with related parties.

The balance owed to the company by an associated company under the control of both directors at the beginning of the year was £25,000 and at the end of the year was £25,000.

The balance owed to the company by a company of which a director is also a director and shareholder of at the beginning of the year was £82,916 and at the end of the year was £82,916.

The balance owed to the company by a company of which a director is also a director and shareholder of at the beginning of the year was £63,832 and at the end of the year was £63,832.

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