REGISTERED NUMBER: SC769569 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

Haigh Property Rentals Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr G A Haigh

REGISTERED OFFICE:

Peterhead Motors Limited

South Road

Peterhead

Aberdeenshire

AB42 2XX

REGISTERED NUMBER:

SC769569 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

4

908

795

Investment property

5

255,000

270,000

255,908

270,795

CURRENT ASSETS

Debtors

6

9,277

1,062

Cash at bank

132

11,059

9,409

12,121

CREDITORS

Amounts falling due within one year

7

295,672

297,882

NET CURRENT LIABILITIES

(286,263

)

(285,761

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(30,355

)

(14,966

)

PROVISIONS FOR LIABILITIES

173

151

NET LIABILITIES

(30,528

)

(15,117

)

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

8

(32,924

)

(17,924

)

Retained earnings

8

2,196

2,607

SHAREHOLDERS' FUNDS

(30,528

)

(15,117

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 August 2026 and were signed by:

Mr G A Haigh - Director

1.	STATUTORY INFORMATION

Haigh Property Rentals 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

Basis of preparing the financial statements

At 31 May 2026 the company's liabilities exceeded its total assets. The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption is based upon the continued support of the shareholders.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

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

Fixtures

and

fittings

£

COST

At 1 June 2025

1,242

Additions

340

At 31 May 2026

1,582

DEPRECIATION

At 1 June 2025

447

Charge for year

227

At 31 May 2026

674

NET BOOK VALUE

At 31 May 2026

908

At 31 May 2025

795

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

270,000

Revaluations

(15,000

)

At 31 May 2026

255,000

NET BOOK VALUE

At 31 May 2026

255,000

At 31 May 2025

270,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2024

(17,924

)

Valuation in 2026

(15,000

)

Cost

287,924

255,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Other debtors

9,277

1,062

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

-

822

Amounts owed to associates

292,199

292,199

Taxation and social security

2,244

2,181

Other creditors

1,229

2,680

295,672

297,882

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 June 2025

2,607

(17,924

)

(15,317

)

Deficit for the year

(5,411

)

(5,411

)

Dividends

(10,000

)

(10,000

)

Transfer

15,000

(15,000

)

-

At 31 May 2026

2,196

(32,924

)

(30,728

)

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2026 and 31 May 2025:

31.5.26

31.5.25

£

£

Mr G A Haigh

Balance outstanding at start of year

-

-

Amounts advanced

9,277

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,277

-

10.	RELATED PARTY DISCLOSURES

The company received a loan from Peterhead Motors Limited, a company which is an associate of Haigh Property Rentals Limited. The loan balance outstanding at the balance sheet date is £292,199. No interest will be charged on the loan and the loan is repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The Company is controlled by the Directors.