Company Registration No. SC128751 (Scotland)
Locher Properties Limited
Unaudited accounts
for the year ended 31 March 2026
Locher Properties Limited
Unaudited accounts
Contents
Locher Properties Limited
Company Information
for the year ended 31 March 2026
Directors
Mr D E Sangster
Mr K Barclay
Company Number
SC128751 (Scotland)
Registered Office
54 Kilbarchan Road
Bridge of Weir
Renfrewshire
PA11 3EZ
Scotland
Accountants
CLA Accountancy Services Ltd
2 Brierie Hill Grove
Houston
Renfrewshire
PA6 7BW
Locher Properties Limited
Statement of financial position
as at 31 March 2026
Tangible assets
351,742
351,742
Cash at bank and in hand
14,772
17,661
Creditors: amounts falling due within one year
(63,286)
(84,369)
Net current liabilities
(48,514)
(66,708)
Net assets
303,228
285,034
Called up share capital
100
100
Profit and loss account
303,128
284,934
Shareholders' funds
303,228
285,034
For the year ending 31 March 2026 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 directors acknowledge 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 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 of Directors and authorised for issue on 1 October 2026 and were signed on its behalf by
Mr D E Sangster
Director
Company Registration No. SC128751
Locher Properties Limited
Notes to the Accounts
for the year ended 31 March 2026
Locher Properties Limited is a private company, limited by shares, registered in Scotland, registration number SC128751. The registered office is 54 Kilbarchan Road, Bridge of Weir, Renfrewshire, PA11 3EZ, 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.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents invoiced net of VAT rent, and insurance.
Properties are included in the accounts at purchase price contrary to the provisions of Accounting Reporting Standards. Additions to properties include costs of a capital nature only. Costs such as interest and other property outgoings in respect of developments and refurbishment are treated as revenue expenditure and written off as incurred.
The Directors have decided not to make provision for deferred taxation in respect of all material timing differences.
4
Tangible fixed assets
Land & buildings
Locher Properties Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
61
21,356
Other creditors
57,267
57,267
Allotted, called up and fully paid:
500 A Ordinary shares of £0.10 each
50
50
500 B Ordinary Shares of £0.10 each
50
50
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).