Registration number: SC796516

Tayport Property Limited

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 3

Tayport Property Limited

(Registration number: SC796516)
Statement of Financial Position as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Investment property	4	211,507	166,977
Current assets
Cash at bank and in hand		584	1,781
Creditors: Amounts falling due within one year	5	(215,986)	(170,196)
Net current liabilities		(215,402)	(168,415)
Net liabilities		(3,895)	(1,438)
Capital and reserves
Called up share capital		4	4
Retained earnings		(3,899)	(1,442)
Shareholders' deficit		(3,895)	(1,438)

For the financial 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.

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 19 October 2026
 

......................................... Mr David Wilkie Director

Tayport Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
19 Castle Street
Tayport
Fife
DD6 9AE
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in sterling which is the functional currency of the entity.

The financial statements have been prepared in sterling which is the functional currency of the entity.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Tayport Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 0 (2025 - 0).

4	Investment properties

	2026 £
At 1 February	166,977
Additions	44,530
At 31 January	211,507

There has been no valuation of investment property by an independent valuer.

5

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Accruals and deferred income	950	900
Other creditors	215,036	169,296
	215,986	170,196