Sharp Finish Property Ltd

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—5

Page 1

Page 2

Balance Sheet

As At 28 February 2026

Balance Sheet

Registered number: SC296398

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		696,500		696,500

			696,500		696,500
CURRENT ASSETS
Cash at bank and in hand		167		132

		167		132
Creditors: Amounts Falling Due Within One Year	5	(155,682 )		(137,160 )

NET CURRENT ASSETS (LIABILITIES)			(155,515 )		(137,028 )

TOTAL ASSETS LESS CURRENT LIABILITIES			540,985		559,472

Creditors: Amounts Falling Due After More Than One Year	6		(526,731 )		(527,465 )

NET ASSETS			14,254		32,007

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Profit and Loss Account			13,254		31,007

SHAREHOLDERS' FUNDS			14,254		32,007

Page 2

Page 3

Sharp Finish Property Ltd

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

W W Strachan

Director

24th July 2026

The notes on pages 4 to 5 form part of these financial statements.

Page 3

Page 4

Sharp Finish Property Ltd

Notes to the Financial Statements

For The Year Ended 28 February 2026

Notes to the Financial Statements

1. General Information

Sharp Finish Property Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC296398 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

2.3. Investment Properties

In accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 no

depreciation is provided in respect of freehold properties held as investments. This is a departure from the

requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are

held for investment and not for consumption and the directors consider that to depreciate them would not give a

true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties

and accordingly the amount of depreciation which might otherwise have been changed cannot be separately

identified or quantified.

The directors believe that the value of investment properties in the financial statements are represented at their

fair value. Investment properties are valued in accordance with the applicable accounting standards, which

require that fair value is determined based on market conditions, comparable property transactions and other

relevant factors.The directors believe that the methodology and assumptions used to determine the fair value of

investment properties are appropriate and that no material adjustments are necessary.

2.4. 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. Average Number of Employees

Average number of employees, including directors, during the period was NIL (2025: NIL)

4. Investment Property

	2026
	£
Fair Value
As at 1 March 2025 and 28 February 2026	696,500

Page 4

Page 5

Sharp Finish Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	734	2,199
Amounts owed to participating interests	70,350	70,350
Other creditors	83,700	61,275
Taxation and social security	898	3,336

	155,682	137,160

6. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	526,731	527,465

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

8. Ultimate Controlling Party

The controlling party is W W F Strachan.

Page 5

Director	W W Strachan

Company Number	SC296398

Registered Office	5 Carden Place
	Aberdeen
	AB10 1UT