ACCOUNTS - Final Accounts preparation

Registered number: SC094653

RICE PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

RICE PROPERTIES LIMITED

REGISTERED NUMBER: SC094653

BALANCE SHEET

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Investments	4		421,863		395,000
			421,863		395,000
Current assets
Cash at bank and in hand	5	50,004		89,394
		50,004		89,394
Creditors: amounts falling due within one year	6	(25,005)		(38,368)
Net current assets			24,999		51,026
Total assets less current liabilities			446,862		446,026

Net assets			446,862		446,026

Capital and reserves
Called up share capital	7	44,000	44,000
Profit and loss account		402,862	402,026
		446,862	446,026

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RICE PROPERTIES LIMITED

REGISTERED NUMBER: SC094653

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2026.

Barbara Ann Rice

Director

The notes on pages 3 to 4 form part of these financial statements.

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RICE PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Rice Properties Limited is a private limited company, limited by shares, registered in Scotland. The registered office is 6 St Colme Street, Edinburgh, EH3 6AD.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentational currency is British Pound Sterling (£).

The following principal accounting policies have been applied:

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term 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.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 2).

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RICE PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

4.	Fixed asset investments

		Listed investments
		£
	Cost or valuation
	At 1 April 2025	395,000
	Revaluations	26,863
	At 31 March 2026	421,863

5.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	50,004	89,394
	50,004	89,394

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Other creditors	22,605	36,268
Accruals and deferred income	2,400	2,100
	25,005	38,368

7.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

44,000 (2025 - 44,000) Ordinary shares of £1.00 each	44,000	44,000

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