IRIS Accounts Production v26.1.10.61 SC554812 Board of Directors 1.6.25 31.5.26 31.5.26 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC554812 2025-05-31 SC554812 2026-05-31 SC554812 2025-06-01 2026-05-31 SC554812 2024-05-31 SC554812 2024-06-01 2025-05-31 SC554812 2025-05-31 SC554812 ns15:Scotland 2025-06-01 2026-05-31 SC554812 ns14:PoundSterling 2025-06-01 2026-05-31 SC554812 ns10:Director1 2025-06-01 2026-05-31 SC554812 ns10:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 SC554812 ns10:SmallEntities 2025-06-01 2026-05-31 SC554812 ns10:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 SC554812 ns10:SmallCompaniesRegimeForDirectorsReport 2025-06-01 2026-05-31 SC554812 ns10:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 SC554812 ns10:AbridgedAccounts 2025-06-01 2026-05-31 SC554812 ns10:Director2 2025-06-01 2026-05-31 SC554812 ns10:Director3 2025-06-01 2026-05-31 SC554812 ns10:RegisteredOffice 2025-06-01 2026-05-31 SC554812 ns5:CurrentFinancialInstruments 2026-05-31 SC554812 ns5:CurrentFinancialInstruments 2025-05-31 SC554812 ns5:Non-currentFinancialInstruments 2026-05-31 SC554812 ns5:Non-currentFinancialInstruments 2025-05-31 SC554812 ns5:ShareCapital 2026-05-31 SC554812 ns5:ShareCapital 2025-05-31 SC554812 ns5:RetainedEarningsAccumulatedLosses 2026-05-31 SC554812 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 SC554812 ns5:Secured 2026-05-31 SC554812 ns5:Secured 2025-05-31 SC554812 ns5:DeferredTaxation 2025-05-31 SC554812 ns5:DeferredTaxation 2025-06-01 2026-05-31 SC554812 ns5:DeferredTaxation 2026-05-31

REGISTERED NUMBER: SC554812 (Scotland)

Abridged Unaudited Financial Statements

for the Year Ended 31 May 2026

for

The Three Wise Monkeys Property

Investment Company Limited

The Three Wise Monkeys Property

Investment Company Limited (Registered number: SC554812)

Contents of the Financial Statements

for the Year Ended 31 May 2026

Page |

Company Information | 1 |

Abridged Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

The Three Wise Monkeys Property

Investment Company Limited

Company Information

for the Year Ended 31 May 2026

| DIRECTORS: | S Barlas

| M Dickson

| R Mckay

| REGISTERED OFFICE: | 28 Rutland Square

| Edinburgh

| EH1 2BW

| REGISTERED NUMBER: | SC554812 (Scotland)

| ACCOUNTANTS: | Gibson McKerrell Burrows Limited

| 28 Rutland Square

| Edinburgh

| EH1 2BW

The Three Wise Monkeys Property

Investment Company Limited (Registered number: SC554812)

Abridged Statement of Financial Position

31 May 2026

| 31.5.26 | 31.5.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 276,000 |  | 257,915 |  |

CURRENT ASSETS

Debtors | 1,078 |  | 550 |  |

Cash at bank | 7,696 |  | 14,919 |  |

8,774 |  | 15,469 |  |

CREDITORS

Amounts falling due within one year | 65,193 |  | 49,246 |  |

NET CURRENT LIABILITIES | (56,419 | ) | (33,777 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 219,581 |  | 224,138 |  |

CREDITORS

Amounts falling due after more than one year | 5 | (115,058 | ) | (140,549 | ) |

PROVISIONS FOR LIABILITIES | 7 | (14,073 | ) | (7,259 | ) |

NET ASSETS | 90,450 |  | 76,330 |  |

CAPITAL AND RESERVES

Called up share capital | 30 |  | 30 |  |

Retained earnings | 90,420 |  | 76,300 |  |

90,450 |  | 76,330 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 12 August 2026 and were signed on its behalf by:

R Mckay - Director

The Three Wise Monkeys Property

Investment Company Limited (Registered number: SC554812)

Notes to the Financial Statements

for the Year Ended 31 May 2026

1. | STATUTORY INFORMATION

| The Three Wise Monkeys Property Investment Company 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is attributable to the company's principal activity of

| property rental.

| Investment property

| Investment properties are properties held to earn rentals and/or for capital appreciation.

| Investment properties are initially measured at cost, including transaction costs. Subsequently, investment properties whose fair value can be measured reliably without undue cost or effort, on an on-going basis, are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the Income Statement in the period in which they arise.

| Investment properties whose fair value cannot be measured reliably without undue cost or effort, on an on-going basis, are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses

| Investment property is being carried at fair value and the directors are of the opinion that cost repesents a fair value of the property.

| Financial instruments

| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and payables, loans from banks and other third parties.

| At the end of each reporting period, financial assets that are measured at cost are assessed for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income Statement. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in the Income Statement.

| Financial assets are derecognised when (a) the contractual rights to the cash flows arising from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party, or (c) control of the asset has been transferred to another party.

| Financial liabilities are measured at amortised cost less any accumulated impairment losses. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

| 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 Statement of Financial Position date.

The Three Wise Monkeys Property

Investment Company Limited (Registered number: SC554812)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2026

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Statement of Financial Position 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 NIL (2025 - NIL).

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2025 | 257,915 |  |

| Revaluations | 18,085 |  |

| At 31 May 2026 | 276,000 |  |

| NET BOOK VALUE

| At 31 May 2026 | 276,000 |  |

| At 31 May 2025 | 257,915 |  |

| Fair value at 31 May 2026 is represented by:

£ |

| Valuation in 2019 | 38,205 |  |

| Valuation in 2026 | 18,085 |  |

| Cost | 219,710 |  |

276,000 |  |

| If land and buildings had not been revalued they would have been included at the following historical cost:

| 31.5.26 |  | 31.5.25

£ | £ |

| Cost | 219,710 |  | 219,710 |  |

| Land and buildings were valued on an open market basis on 6 February 2026 by Ballantynes .

5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

| 31.5.26 |  | 31.5.25

£ | £ |

| Repayable by instalments

| Bank loans more 5 yr by instal | 115,058 |  | 129,446 |  |

The Three Wise Monkeys Property

Investment Company Limited (Registered number: SC554812)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2026

6. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.5.26 |  | 31.5.25

£ | £ |

| Bank loans | 117,834 |  | 143,325 |  |

| The bank holds a floating charge over all the property and undertakings of the company.

7. | PROVISIONS FOR LIABILITIES

| 31.5.26 |  | 31.5.25

£ | £ |

| Deferred tax | 14,073 |  | 7,259 |  |

| Deferred |

| tax |

£ |

| Balance at 1 June 2025 | 7,259 |  |

| Provided during year | 6,814 |  |

| Balance at 31 May 2026 | 14,073 |  |

8. | RELATED PARTY DISCLOSURES

| At the balance sheet date the company owed £56,611 to Caleylock Edinburgh Limited. The company received rent of £18,000 from Caleylock Edinburgh Limited.The directors of the company are also directors of Caleylock Edinburgh Limited.