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Registered number: SC717054
Derbyshire Street Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Peter Jarman LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC717054
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 616 822
Investment Properties 5 135,000 110,000
135,616 110,822
CURRENT ASSETS
Debtors 6 - 5,320
Cash at bank and in hand 857 258
857 5,578
Creditors: Amounts Falling Due Within One Year 7 (44,731 ) (43,909 )
NET CURRENT ASSETS (LIABILITIES) (43,874 ) (38,331 )
TOTAL ASSETS LESS CURRENT LIABILITIES 91,742 72,491
Creditors: Amounts Falling Due After More Than One Year 8 (84,150 ) (84,150 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,024 ) (2,313 )
NET ASSETS/(LIABILITIES) 568 (13,972 )
CAPITAL AND RESERVES
Called up share capital 11 1 1
Fair value reserve 12 29,447 9,197
Profit and Loss Account (28,880 ) (23,170 )
SHAREHOLDERS' FUNDS 568 (13,972)
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A Capocci
Director
10/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Derbyshire Street Group Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC717054 . The registered office is 21 Chapelton Gardens, Dumbarton, Scotland, G82 2AL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents rents receivable on investment properties for the accounting period.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 January 2025 588 999 1,587
As at 31 December 2025 588 999 1,587
Depreciation
As at 1 January 2025 305 460 765
Provided during the period 71 135 206
As at 31 December 2025 376 595 971
Net Book Value
As at 31 December 2025 212 404 616
As at 1 January 2025 283 539 822
5. Investment Property
2025
£
Fair Value
As at 1 January 2025 110,000
Revaluations 25,000
As at 31 December 2025 135,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 98,646 98,646
The property was purchased in March 2022 and has been revalued to £135,000 at the year end of 31st December 2025 by the director of the company.
The value of the investment property was £135,000 at the financial year end December 2025.
Cost: £98,646
Valuation in 2022: £11,354
Valution in 2025: £25,000
Total: £135,000
6. Debtors
2025 2024
£ £
Due within one year
Other debtors - 5,320
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 152 126
Other creditors 44,579 43,783
44,731 43,909
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Mortgage 84,150 84,150
9. Secured Creditors
The mortgage is secured over the assets in the company, including the investment property.
2025 2024
£ £
Bank loans and overdrafts 84,150 84,150
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2025 (2,905 ) (2,905)
Additions 9,929 9,929
Balance at 31 December 2025 7,024 7,024
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
12. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 January 2025 9,197 (23,170 )
Profit for the year and total comprehensive income - 14,540
Transfer to/from Fair value reserve - (20,250)
Transfer to/from Profit & Loss Account 20,250 -
As at 31 December 2025 29,447 (28,880 )
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