REGISTERED NUMBER: SC254693 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

J G D PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Dobson

J G Dobson

Mrs E Dobson

SECRETARY:

Mrs E Dobson

REGISTERED OFFICE:

11 George Young Drive

DARVEL

Ayrshire

KA17 OLG

REGISTERED NUMBER:

SC254693 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.

Chartered Accountants

24 Beresford Terrace

Ayr

KA7 2EG

FIXED ASSETS

Tangible assets

4

151,200

155,800

CURRENT ASSETS

Debtors

5

730

1,000

Cash at bank

19,012

12,999

19,742

13,999

CREDITORS

Amounts falling due within one year

6

72,740

72,230

NET CURRENT LIABILITIES

(52,998

)

(58,231

)

TOTAL ASSETS LESS CURRENT LIABILITIES

98,202

97,569

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

75,000

75,000

Retained earnings

23,102

22,469

SHAREHOLDERS' FUNDS

98,202

97,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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.

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 27 August 2026 and were signed on its behalf by:

Mrs E Dobson - Director

1.	STATUTORY INFORMATION

J G D Properties 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.

2.	ACCOUNTING POLICIES

Going concern

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.

The financial statements have been prepared under the historical cost convention and on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

During the year ended 31st August 2025 the company's current liabilities, including £62,918 owed to Director Mr J Dobson, exceeded its current assets by £53,589. The company is thus dependent on the continued financial support of its directors. The directors are confident of this continuing support and of the company's long term trading prospects and on this basis consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of financial support.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

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 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 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 (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 September 2024

and 31 August 2025

230,000

DEPRECIATION

At 1 September 2024

74,200

Charge for year

4,600

At 31 August 2025

78,800

NET BOOK VALUE

At 31 August 2025

151,200

At 31 August 2024

155,800

Cost or valuation at 31 August 2025 is represented by:

Land and

buildings

£

Valuation in 2015

75,000

Cost

155,000

230,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

730

1,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,060

5,839

Taxation and social security

3,762

2,534

Other creditors

62,918

63,857

72,740

72,230

7.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

75,000

8.	ULTIMATE CONTROLLING PARTY

The controlling party is J Dobson.