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Company Registration No. SC717580 (Scotland)
UPAD Property (Scotland) Limited Unaudited accounts for the year ended 31 December 2025
UPAD Property (Scotland) Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
1,090,488
1,090,488
Current assets
Debtors
(450)
282,005
Cash at bank and in hand
4,097
13,921
3,647
295,926
Creditors: amounts falling due within one year
(60)
(643)
Net current assets
3,587
295,283
Total assets less current liabilities
1,094,075
1,385,771
Creditors: amounts falling due after more than one year
(1,085,662)
(1,377,617)
Net assets
8,413
8,154
Capital and reserves
Profit and loss account
8,413
8,154
Shareholders' funds
8,413
8,154
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 May 2026 and were signed on its behalf by
Christopher Thomas Kelly Director Company Registration No. SC717580
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UPAD Property (Scotland) Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
UPAD Property (Scotland) Limited is a private company, limited by shares, registered in Scotland, registration number SC717580. The registered office is THE UPAC GROUP LTD, 133 BARFILLAN DRIVE, GLASGOW, G52 1BD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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