REGISTERED NUMBER: SC787409 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

A.whitehead Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Whitehead

Mrs A J Whitehead

REGISTERED OFFICE:

27 Craigie Street

Ballingry

Lochgelly

KY5 8NS

REGISTERED NUMBER:

SC787409 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Investment property

4

120,000

-

CURRENT ASSETS

Debtors

5

62

-

Cash at bank and in hand

28,572

2

28,634

2

CREDITORS

Amounts falling due within one year

6

55,464

-

NET CURRENT (LIABILITIES)/ASSETS

(26,830

)

2

TOTAL ASSETS LESS CURRENT LIABILITIES

93,170

2

CREDITORS

Amounts falling due after more than one year

7

(91,995

)

-

PROVISIONS FOR LIABILITIES

(294

)

-

NET ASSETS

881

2

CAPITAL AND RESERVES

Called up share capital

-

2

Fair value reserve

9

18,377

-

Retained earnings

(17,496

)

-

SHAREHOLDERS' FUNDS

881

2

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 directors acknowledge their 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 Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

A Whitehead - Director

1.	STATUTORY INFORMATION

A.whitehead Properties 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.

Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis.

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 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

101,330

Revaluations

18,670

At 31 October 2025

120,000

NET BOOK VALUE

At 31 October 2025

120,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

18,670

Cost

101,330

120,000

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

31.10.25

31.10.24

£

£

Cost

101,330

-

Investment property was valued on an open market basis on 6 August 2025 by Foundation Home Loans .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

62

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

55,464

-

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

91,995

-

31.10.25

31.10.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

91,995

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

91,995

-

At 31 October 2025, the company's borrowings were secured by standard securities granted over certain investment properties owned by the company.

The company had outstanding charges in favour of Paratus Amc Limited. These charges provide the lenders with fixed security over the relevant properties and secure the repayment of the related loan facilities together with any associated interest, fees and costs.

The carrying amount of the assets subject to these securities is included within investment properties in the balance sheet.

9.

RESERVES

Fair

value

reserve

£

Transfer to fair value reserve

18,671

Deferred tax on revaluation

(294

)

At 31 October 2025

18,377