REGISTERED NUMBER: SC580813 (Scotland)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

JUTE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Marsh C Eng

SECRETARY:

REGISTERED OFFICE:

The Grange

Fettercairn

Aberdeenshire

AB30 1UE

REGISTERED NUMBER:

SC580813 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

71 Charleston Road North

Cove

Aberdeen

Aberdeenshire

AB12 3SZ

FIXED ASSETS

Tangible assets

4

7,667

10,065

Investment property

5

-

5,052,977

7,667

5,063,042

CURRENT ASSETS

Debtors

6

99,031

15,801

Cash at bank

1,003,949

373,062

1,102,980

388,863

CREDITORS

Amounts falling due within one year

7

783,177

346,828

NET CURRENT ASSETS

319,803

42,035

TOTAL ASSETS LESS CURRENT LIABILITIES

327,470

5,105,077

CREDITORS

Amounts falling due after more than one year

8

-

(4,603,898

)

PROVISIONS FOR LIABILITIES

-

(497,099

)

NET ASSETS

327,470

4,080

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

327,468

4,078

SHAREHOLDERS' FUNDS

327,470

4,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25 July 2026 and were signed by:

J Marsh C Eng - Director

1.	STATUTORY INFORMATION

Jute Properties Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

42,679

Additions

4,188

At 31 December 2025

46,867

DEPRECIATION

At 1 January 2025

32,614

Charge for year

6,586

At 31 December 2025

39,200

NET BOOK VALUE

At 31 December 2025

7,667

At 31 December 2024

10,065

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

5,052,977

Disposals

(5,052,977

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

5,052,977

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

-

15,801

Other debtors

8,067

-

8,067

15,801

Amounts falling due after more than one year:

Amounts owed by group undertakings

90,964

-

Aggregate amounts

99,031

15,801

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

2

1

Taxation and social security

779,886

231,942

Other creditors

3,289

114,885

783,177

346,828

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

-

4,603,898