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Company Registration No. SC740082 (Scotland)
Appin Property Group Ltd Unaudited accounts for the year ended 31 August 2025
Appin Property Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Appin Property Group Ltd Company Information for the year ended 31 August 2025
Directors
Alexander Malcolm Morrison Danielle Nicole Macpherson
Company Number
SC740082 (Scotland)
Registered Office
6 Appin Drive Stratton Inverness IV2 7AL Scotland
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Appin Property Group Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
480,000
107,360
Current assets
Debtors
5
5,176
-
Cash at bank and in hand
261
1,639
5,437
1,639
Creditors: amounts falling due within one year
6
(246,733)
(40,190)
Net current liabilities
(241,296)
(38,551)
Total assets less current liabilities
238,704
68,809
Creditors: amounts falling due after more than one year
7
(198,540)
(72,670)
Provisions for liabilities
Deferred tax
(15,280)
-
Net assets/(liabilities)
24,884
(3,861)
Capital and reserves
Called up share capital
100
100
Fair value reserve
65,140
-
Profit and loss account
(40,356)
(3,961)
Shareholders' funds
24,884
(3,861)
For the year ending 31 August 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 directors acknowledge their 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 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 of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by
Danielle Nicole Macpherson Director Company Registration No. SC740082
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Appin Property Group Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Appin Property Group Ltd is a private company, limited by shares, registered in Scotland, registration number SC740082. The registered office is 6 Appin Drive, Stratton, Inverness, IV2 7AL, Scotland.
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.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Appin Property Group Ltd Notes to the Accounts for the year ended 31 August 2025
Going concern
The directors continue to adopt the going concern basis in preparing the financial statements which assumes that the company will continue in operation for the foreseeable future. The directors fully understand and acknowledge the financial position of the business and believe that no further disclosures relating to the company's ability to continue as a going concern need to be made in the financial statements.
4
Investment property
2025
£
Fair value at 1 September 2024
107,360
Additions
292,220
Net gain from fair value adjustments
80,420
At 31 August 2025
480,000
The historic cost of the above investment properties totals £399,580 (2024: £107,360). The fair value of the properties has been arrived at by the director of the company on 31 August 2025 on a market value basis.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
5,176
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
139,480
-
Trade creditors
860
-
Other creditors
9,000
-
Loans from directors
97,393
39,990
Accruals
-
200
246,733
40,190
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
198,540
72,670
8
Transactions with related parties
At the balance sheet date, the company owed a total of £97,393 (2024: £39,990) to the directors. The loans are unsecured, interest-free and repayable on demand. At the balance sheet date, £5,176 (2024: £nil) was included within other debtors and is owed by a company controlled by the directors. This loan is unsecured, interest-free and payable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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