REGISTERED NUMBER: SC317425 (Scotland)

Financial Statements for the Year Ended 28 February 2026

for

Rockview Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Gardiner

Mr G F Bowie

Mrs J M Gardiner

Mrs E Bowie

SECRETARY:

Mrs E Bowie

REGISTERED OFFICE:

Ruach

Inverugie

Peterhead

Aberdeenshire

AB42 3DE

REGISTERED NUMBER:

SC317425 (Scotland)

ACCOUNTANTS:

Tawse & Partners

Chartered Accountants

18 North Silver Street

Aberdeen

AB10 1JU

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

270,000

630,000

270,000

630,000

CURRENT ASSETS

Debtors

6

1,652

1,198

Cash at bank

88,837

13,331

90,489

14,529

CREDITORS

Amounts falling due within one year

7

5,449

104,918

NET CURRENT ASSETS/(LIABILITIES)

85,040

(90,389

)

TOTAL ASSETS LESS CURRENT LIABILITIES

355,040

539,611

CREDITORS

Amounts falling due after more than one year

8

-

(121,218

)

PROVISIONS FOR LIABILITIES

(18,861

)

(16,489

)

NET ASSETS

336,179

401,904

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

87,208

41,097

Retained earnings

248,871

360,707

SHAREHOLDERS' FUNDS

336,179

401,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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:

Mr G F Bowie - Director

1.	STATUTORY INFORMATION

Rockview Properties 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at fair value of the consideration received or receivable. The policies adopted for the recognition of turnover and other income are as follows:

Rental property

Rental income is recognised based on the monthly/quarterly rental periods, in accordance with property rental agreements.

Interest receivable

Interest income is recognised using the effective interest method.

Grants receivable

Depending on the type of grant, the income is either recognised in the period it is received or in the same period as the costs it relates to.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

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 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 (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

and 28 February 2026

13,550

DEPRECIATION

At 1 March 2025

and 28 February 2026

13,550

NET BOOK VALUE

At 28 February 2026

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

630,000

Disposals

(408,483

)

Fair value adjustment

48,483

At 28 February 2026

270,000

NET BOOK VALUE

At 28 February 2026

270,000

At 28 February 2025

630,000

Fair value at 28 February 2026 is represented by:

£

Valuation in 2012

135,786

Valuation in 2014

128,193

Valuation in 2016

249,467

Valuation in 2017

(1,706

)

Valuation in 2018

(79,751

)

Valuation in 2021

(74,066

)

Valuation in 2023

(70,337

)

Valuation in 2024

(65,000

)

Valuation in 2025

(165,000

)

Valuation in 2026

48,483

Cost

163,931

270,000

On 28th February 2026 all of the investment properties were valued at the open market value by Mr G F Bowie, a director of the company.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

1,652

1,198

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

-

4,100

Taxation and social security

2,628

5,206

Other creditors

2,821

95,612

5,449

104,918

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

-

121,218

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

-

87,400

Repayable by instalments

Bank loans more 5 yr by instal

-

17,418

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.26

28.2.25

£

£

Bank loans

-

125,318

The bank loans and other loans were secured by means of a standard security on heritable property and a bond and floating charge on assets.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

100

Ordinary shares

£1

100

100

11.

RESERVES

Fair

value

reserve

£

At 1 March 2025

41,097

Fair value adjustment

46,111

At 28 February 2026

87,208