SPARKS HOMES ABERDEEN LTD


Director	RITCHIE, Murray James


Registered Address	186 Market Street
	Aberdeen
	AB11 5PQ


Registered Number	SC749772 (Scotland)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		125,766		125,766
			125,766		125,766
Current assets
Debtors		458		383
Cash at bank and on hand		542		2,667
		1,000		3,050
Creditors amounts falling due within one year	4	(65,582)		(54,902)
Net current assets (liabilities)			(64,582)		(51,852)
Total assets less current liabilities			61,184		73,914
Creditors amounts falling due after one year	5		(96,138)		(94,570)
Net assets			(34,954)		(20,656)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(35,054)		(20,756)
Shareholders' funds			(34,954)		(20,656)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 August 2026, and are signed on its behalf by:

RITCHIE, Murray James
Director
Registered Company No. SC749772

SPARKS HOMES ABERDEEN LTD

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Turnover is recognised when economic benefits are probable and reliably measurable. Rental income from residential properties is recognised straight-line over the lease term on an accrual basis, deferring advance payments and accruing amounts due. Rent-free periods and incentives reduce rental income straight-line over the lease term. Service charge income is recognised as services are rendered, and ancillary income when the right to payment is established.

Revenue from rendering of services

Turnover is recognised when economic benefits are probable and reliably measurable. Rental income from residential properties is recognised straight-line over the lease term on an accrual basis, deferring advance payments and accruing amounts due. Rent-free periods and incentives reduce rental income straight-line over the lease term. Service charge income is recognised as services are rendered, and ancillary income when the right to payment is established.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Investment property


		£
	Fair value at 01 December 24	125,766
	At 30 November 25	125,766

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	11,337	2,738
Amounts owed to related parties	53,340	52,164
Other creditors	373	-
Accrued liabilities and deferred income	532	-
Total	65,582	54,902

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	96,138	94,570
Total	96,138	94,570