Connell & McFadden Property Lettings Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC586584

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		50,150		50,150

			50,150		50,150
CURRENT ASSETS
Debtors	5	2		2
Cash at bank and in hand		133,922		115,906

		133,924		115,908
Creditors: Amounts Falling Due Within One Year	6	(25,779 )		(25,779 )

NET CURRENT ASSETS (LIABILITIES)			108,145		90,129

TOTAL ASSETS LESS CURRENT LIABILITIES			158,295		140,279

Creditors: Amounts Falling Due After More Than One Year	7		(60,513 )		(61,582 )

NET ASSETS			97,782		78,697

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			97,780		78,695

SHAREHOLDERS' FUNDS			97,782		78,697

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Connell & McFadden Property Lettings Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 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.

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 Sean McFadden

Director

19/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Connell & McFadden Property Lettings Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC586584 . The registered office is 16 Roseburn Terrace, Edinburgh, EH12 6AW.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Motor Vehicles

18% reducing

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	4	4
Sales, marketing and distribution	1	1

	5	5

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Connell & McFadden Property Lettings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 February 2025	50,150

As at 31 January 2026	50,150

Net Book Value
As at 31 January 2026	50,150

As at 1 February 2025	50,150

Cost or valuation as at 31 January 2026 represented by:

	Motor Vehicles
	£
At cost	50,150

	50,150

5. Debtors

	2026	2025
	£	£
Due within one year
Called up share capital not paid	2	2

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Directors' loan accounts	25,779	25,779

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	45,621	50,617
Directors' loan account	14,892	10,965

	60,513	61,582

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Connell & McFadden Property Lettings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

8. Share Capital

	2026	2025
	£	£
Called Up Share Capital not Paid	2	2

Amount of Allotted, Called Up Share Capital	2	2

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