Templeton Properties (Scotland) Limited

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

Registered number: SC286705

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		50,529		52,052

			50,529		52,052
CURRENT ASSETS
Cash at bank and in hand		5,670		2,795

		5,670		2,795
Creditors: Amounts Falling Due Within One Year	5	(74,917 )		(77,123 )

NET CURRENT ASSETS (LIABILITIES)			(69,247 )		(74,328 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(18,718 )		(22,276 )

Creditors: Amounts Falling Due After More Than One Year	6		(72,910 )		(72,910 )

NET LIABILITIES			(91,628 )		(95,186 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Revaluation reserve	8		1,000		1,000
Profit and Loss Account			(92,629 )		(96,187 )

SHAREHOLDERS' FUNDS			(91,628)		(95,186)

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Templeton Properties (Scotland) Limited

Balance Sheet (continued)

As At 5 April 2026

For the year ending 5 April 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 her 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

Ms Heather Templeton

Director

30/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Templeton Properties (Scotland) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC286705 . The registered office is Flat 1/2 7 Park Quadrant, Glasgow, G3 6BS.

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 for goods supplied and

services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have

transferred to the buyer (usaullay on despatch of goods); the amount of revenue can be measured reliably;

it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be

incurred in respect of the transactions can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated

depreciation and imparement losses. Any tangible assets carried at revalued amounts are recorded at

faire value at the date of revaluation less any subsequent accumulated depreciation and subsequent

accumulated impairment losses.

An increase in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive

income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same

asset previously recognised in other comprehensive income to the extent of any previously recognised

revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds

the accumulated revaluation gains accumulated in equity in respect of that asset , the excess shall be

recognised in profit or loss.

Depreciation is provided on the following bases:

Freehold	2% on cost
Plant & Machinery	20% on cost

IMPAIRMENT

A review for indicators or impairment is carried out at each reporting date, with the recoverable

amount being estimated where such indicators exist. Where the carrying value exceeds the

recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for

possible reversal at each reporting date.

2.4. Financial Instruments

A financial asset or financial liability is recognised only when the entity becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment in subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit and loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

...CONTINUED

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Templeton Properties (Scotland) Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2026

2.4. Financial Instruments - continued

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment no previously been recognised.

3. Average Number of Employees

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

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 6 April 2025	76,139	26,373	102,512

As at 5 April 2026	76,139	26,373	102,512

Depreciation
As at 6 April 2025	24,087	26,373	50,460
Provided during the period	1,523	-	1,523

As at 5 April 2026	25,610	26,373	51,983

Net Book Value
As at 5 April 2026	50,529	-	50,529

As at 6 April 2025	52,052	-	52,052

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	-	(1 )
Other creditors	74,557	76,764
Accruals and deferred income	360	360

	74,917	77,123

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

	2026	2025
	£	£
Bank loans	72,910	72,910

7. Share Capital

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

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Templeton Properties (Scotland) Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2026

8. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 6 April 2025	1,000	(96,187 )
Profit for the year and total comprehensive income	-	3,558

As at 5 April 2026	1,000	(92,629 )

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