1 January 2025 false No description of principal activity Taxfiler 2024.6 SC732842business:PrivateLimitedCompanyLtd2025-01-012025-12-31 SC7328422024-12-31 SC7328422025-01-012025-12-31 SC732842business:AuditExemptWithAccountantsReport2025-01-012025-12-31 SC732842business:FilletedAccounts2025-01-012025-12-31 SC7328422025-12-31 SC732842business:Director12025-01-012025-12-31 SC732842business:RegisteredOffice2025-01-012025-12-31 SC7328422024-12-31 SC732842core:WithinOneYear2025-12-31 SC732842core:WithinOneYear2024-12-31 SC732842core:AfterOneYear2025-12-31 SC732842core:AfterOneYear2024-12-31 SC732842core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 SC732842core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC732842core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2025-12-31 SC732842core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-12-31 SC732842core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 SC732842core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC732842core:PreviouslyStatedAmount2025-12-31 SC732842core:PreviouslyStatedAmount2024-12-31 SC732842business:SmallEntities2025-01-012025-12-31 SC732842countries:Scotland2025-01-012025-12-31 SC7328422024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC732842 (Scotland)
Thomas Strathearn Ltd Unaudited accounts for the year ended 31 December 2025
Thomas Strathearn Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Thomas Strathearn Ltd Company Information for the year ended 31 December 2025
Director
Ross Alexander Harper
Company Number
SC732842 (Scotland)
Registered Office
Building 3 42-46 Munro Place Glasgow Lanarkshire G13 2UP Scotland
Accountants
SYKAM & Co Limited 19 Greek Thomson Road Balfron Glasgow G63 0RE
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Thomas Strathearn Ltd for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Thomas Strathearn Ltd for the year ended 31 December 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
SYKAM & Co Limited Chartered Accountants 19 Greek Thomson Road Balfron Glasgow G63 0RE 11 September 2026
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Thomas Strathearn Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
655,000 
625,000 
Creditors: amounts falling due within one year
5
(220,978)
(217,748)
Net current liabilities
(220,978)
(217,748)
Total assets less current liabilities
434,022 
407,252 
Creditors: amounts falling due after more than one year
6
(468,750)
(459,375)
Provisions for liabilities
Deferred tax
(5,700)
- 
Net liabilities
(40,428)
(52,123)
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
24,300 
- 
Profit and loss account
(64,828)
(52,223)
Shareholders' funds
(40,428)
(52,123)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 11 September 2026 and were signed on its behalf by
Ross Alexander Harper Director Company Registration No. SC732842
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Thomas Strathearn Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Thomas Strathearn Ltd is a private company, limited by shares, registered in Scotland, registration number SC732842. The registered office is Building 3, 42-46 Munro Place, Glasgow, Lanarkshire, G13 2UP, 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.
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 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.
4
Investment property
2025 
£ 
Fair value at 1 January 2025
625,000 
Net gain from fair value adjustments
30,000 
At 31 December 2025
655,000 
Cost £625,000 agents revaluation £30,000 yaer end valuation £655,000
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
220,978 
217,748 
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Thomas Strathearn Ltd Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
468,750 
459,375 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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