Registration number: SC409620

Abergeldie Properties Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Abergeldie Properties Limited

Company Information

Directors

Vivienne Esther Harris Mr Mark Malcolm Harris

Registered office

34 Albany Street Edinburgh EH1 3QH

Accountants

JS Accounting Services Ltd 13-15 Morningside Drive Edinburgh EH10 5LZ

Abergeldie Properties Limited

(Registration number: SC409620)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	4,206,307	3,574,044
Current assets
Debtors	4	9,287	1,550
Cash at bank and in hand		81,195	224,334
		90,482	225,884
Creditors: Amounts falling due within one year	5	(2,416,191)	(1,788,401)
Net current liabilities		(2,325,709)	(1,562,517)
Total assets less current liabilities		1,880,598	2,011,527
Creditors: Amounts falling due after more than one year	5	(1,129,442)	(1,299,219)
Provisions for liabilities		(15,234)	(15,234)
Net assets		735,922	697,074
Capital and reserves
Called up share capital		10	10
Retained earnings		735,912	697,064
Shareholders' funds		735,922	697,074

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 July 2026 and signed on its behalf by:
 

......................................... Mr Mark Malcolm Harris Director

Abergeldie Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% on cost

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Abergeldie Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

3	Tangible assets

	Land and buildings £	Fixtures and fittings £	Total £
Cost or valuation
At 1 November 2024	3,572,021	28,479	3,600,500
Additions	633,128	-	633,128
At 31 October 2025	4,205,149	28,479	4,233,628
Depreciation
At 1 November 2024	-	26,456	26,456
Charge for the year	-	865	865
At 31 October 2025	-	27,321	27,321
Carrying amount
At 31 October 2025	4,205,149	1,158	4,206,307
At 31 October 2024	3,572,021	2,023	3,574,044

Included within the net book value of land and buildings above is £4,205,149 (2024 - £3,572,021) in respect of freehold land and buildings.
 

4

Debtors

Current	2025 £	2024 £
Prepayments	6,541	-
Other debtors	2,746	1,550
	9,287	1,550

Abergeldie Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	8,847	2,086
Accruals and deferred income	2,128	8,584
Other creditors	2,405,216	1,777,731
	2,416,191	1,788,401

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	6	1,129,442	1,299,219

6	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	1,129,442	1,299,219