Mosspark Residential Ltd 31/10/2025 iXBRL

Deferred tax (note 9)

At 1 November 2024 and 31 October 2025

Company registration number: SC676796

Mosspark Residential Ltd

Trading as Mosspark Residential Ltd

Unaudited filleted financial statements

31 October 2025

Mosspark Residential Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Mosspark Residential Ltd

Directors and other information


	Directors
	Directors	Mr D C Bogie
		Mr S J Bogie


	Company number	SC676796


	Registered office	Mosspark
		Brasswell
		Dumfries
		DG1 4PH


	Business address	Mosspark
		Brasswell
		Dumfries
		DG1 4PH


	Accountants	Carson & Trotter, C.A.
		123 Irish Street
		Dumfries
		DG1 2PE

Mosspark Residential Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Mosspark Residential Ltd

Year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mosspark Residential Ltd for the year ended 31 October 2025 which comprise the statement of financial position and 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 http://www.icas.com/accountspreparationguidance.

This report is made solely to the board of directors of Mosspark Residential Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Mosspark Residential Ltd and state those matters that we have agreed to state to the board of directors of Mosspark Residential Ltd as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mosspark Residential Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Mosspark Residential 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 profit of Mosspark Residential Ltd. You consider that Mosspark Residential 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 Mosspark Residential 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.

Carson & Trotter, C.A.

Chartered Accountants

123 Irish Street

Dumfries

DG1 2PE

28 July 2026

Mosspark Residential Ltd

Statement of financial position

31 October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	2,631,791		2,402,373
		_______		_______
			2,631,791		2,402,373

Current assets
Debtors	6	7,398		123,773
Cash at bank and in hand		11,229		73,874
		_______		_______
		18,627		197,647
Creditors: amounts falling due
within one year	7	( 83,459)		( 63,923)
		_______		_______
Net current (liabilities)/assets			( 64,832)		133,724
			_______		_______
Total assets less current liabilities			2,566,959		2,536,097


Provisions for liabilities	8		( 196,921)		( 196,921)

			_______		_______
Net assets			2,370,038		2,339,176
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			2,370,037		2,339,175
			_______		_______
Shareholders funds			2,370,038		2,339,176
			_______		_______

For the 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 28 July 2026 , and are signed on behalf of the board by:

Mr S J Bogie

Director

Company registration number: SC676796

Mosspark Residential Ltd

Notes to the financial statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Mosspark, Brasswell, Dumfries, DG1 4PH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover represents the total rental income received during the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

The company has elected to apply the provisions of section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 12 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilitiesare offset, with the net amountspresented in the financial statements, when there is a legally enforceable right to set off the recognsed amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultanously.

Basic Financial Assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using effective interest method unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: Nil).

5. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 November 2024	2,402,373	-	2,402,373
Additions	223,499	6,963	230,462
	_______	_______	_______
At 31 October 2025	2,625,872	6,963	2,632,835
	_______	_______	_______
Depreciation
At 1 November 2024	-	-	-
Charge for the year	-	1,044	1,044
	_______	_______	_______
At 31 October 2025	-	1,044	1,044
	_______	_______	_______
Carrying amount
At 31 October 2025	2,625,872	5,919	2,631,791
	_______	_______	_______
At 31 October 2024	2,402,373	-	2,402,373
	_______	_______	_______

Investment property

Included within the above is investment property measured at fair value as follows:

		£
	At 1 November 2024	2,402,373
	Additions	223,499
		_______
	At 31 October 2025	2,625,872
		_______

The Directors consider that there was no change in fair value during the year.

6. Debtors

	2025	2024
	£	£
Trade debtors	2,280	-
Other debtors	5,118	123,773
	_______	_______
	7,398	123,773
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	4,081	1,367
Amounts owed to group undertakings and undertakings in which the company has a participating interest	50,000	50,000
Corporation tax	5,852	11,656
Other creditors	23,526	900
	_______	_______
	83,459	63,923
	_______	_______

8. Provisions

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 8)	196,921	196,921
	_______	_______

10. Related party transactions

During the year, the company entered into financing transactions with entities under common control. At the balance sheet date, amounts due from related parties totalled £0 (2024 : £120,000) and amounts due to related entities totalled £70,000 (2024: £50,000).The balances were unsecured, interest free and repayable on demand, No provision for impairment was recognised against amounts due from related entities.

11. Controlling party

The company is a wholly owned subsidiary of Mosspark Residential 1 Ltd.