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REGISTERED NUMBER: SC830419 (Scotland)

Unaudited Financial Statements

for the Period 29 November 2024 to 31 March 2026

for

Direct Engineering Property (Scotland)

Ltd

Direct Engineering Property (Scotland)

Ltd (Registered number: SC830419)

Contents of the Financial Statements

for the Period 29 November 2024 to 31 March 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Direct Engineering Property (Scotland)

Ltd

Company Information

for the Period 29 November 2024 to 31 March 2026

| DIRECTORS: | D McGee

| Mrs D McGee

| REGISTERED OFFICE: | Unit 9 Stuart Industrial Estate

| Napier Street

| Linwood

| PA3 3AJ

| REGISTERED NUMBER: | SC830419 (Scotland)

| ACCOUNTANTS: | McLay McAlister & McGibbon LLP

| Chartered Accountants

| 145 St Vincent Street

| Glasgow

| G2 5JF

Direct Engineering Property (Scotland)

Ltd (Registered number: SC830419)

Balance Sheet

31 March 2026

| Notes | £ |

| FIXED ASSETS

| Tangible assets | 4 | 6,374 |  |

| Investment property | 5 | 617,085 |  |

623,459 |  |

| CURRENT ASSETS

| Debtors | 6 | 35,439 |  |

| Cash at bank and in hand | 9,386 |  |

44,825 |  |

| CREDITORS

| Amounts falling due within one year | 7 | (659,509 | ) |

| NET CURRENT LIABILITIES | (614,684 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 8,775 |  |

| PROVISIONS FOR LIABILITIES | (1,211 | ) |

| NET ASSETS | 7,564 |  |

| CAPITAL AND RESERVES

| Called up share capital | 100 |  |

| Retained earnings | 7,464 |  |

| SHAREHOLDERS' FUNDS | 7,564 |  |

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

Direct Engineering Property (Scotland)

Ltd (Registered number: SC830419)

Balance Sheet - continued

31 March 2026

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2026 and were signed on its behalf by:

D McGee - Director

Direct Engineering Property (Scotland)

Ltd (Registered number: SC830419)

Notes to the Financial Statements

for the Period 29 November 2024 to 31 March 2026

1. | STATUTORY INFORMATION

| Direct Engineering Property (Scotland) Ltd 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.

| 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 the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery etc | - | 20% on cost

| The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

| 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 period 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 period 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 period was NIL.

Direct Engineering Property (Scotland)

Ltd (Registered number: SC830419)

Notes to the Financial Statements - continued

for the Period 29 November 2024 to 31 March 2026

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 7,968 |  |

| At 31 March 2026 | 7,968 |  |

| DEPRECIATION

| Charge for period | 1,594 |  |

| At 31 March 2026 | 1,594 |  |

| NET BOOK VALUE

| At 31 March 2026 | 6,374 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| Additions | 617,085 |  |

| At 31 March 2026 | 617,085 |  |

| NET BOOK VALUE

| At 31 March 2026 | 617,085 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade debtors | 28,806 |  |

| Other debtors | 6,633 |  |

35,439 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade creditors | 7,727 |  |

| Taxation and social security | 582 |  |

| Other creditors | 651,200 |  |

659,509 |  |

| Included within other creditors is £650,000 owed to a company under common ownership.