For the financial period ended 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 of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

K D Property Developments (Scotland) Limited is a private company limited by shares incorporated in Scotland. The registered office is Affinity House, Harrison Road, Dundee, United Kingdom, DD2 3SN.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The average monthly number of persons (including directors) employed by the company during the period was:

K D Property Developments (Scotland) Limited's first accounting period primarily represents the establishment, initial funding and development phase of the business.

The company has been established to undertake a range of residential property investment and development activities. Its strategy includes acquiring properties for longer-term investment and rental, purchasing properties for refurbishment and subsequent resale, undertaking value-add refurbishment projects and property sourcing and related opportunities where commercially appropriate.

During the first accounting period, the directors' activities were primarily focused on establishing the business, reviewing the property market, identifying and analysing potential investment and development opportunities, assessing prospective acquisitions and undertaking the preparatory work required to develop the company's property activities.

As the company remained in its initial establishment and investment phase, it had not commenced meaningful revenue-generating activity by 31 January 2026. The loss of £4,221 for the period therefore principally reflects costs incurred during the initial establishment and development of the business rather than the performance of an established property portfolio or ongoing property trading activities.

The company was funded during its first year by its directors, who introduced funds to provide working capital and capital for future property investment and development activities. At the period end, £35,051 was due back to the directors in respect of funds introduced into the business, with the company holding £30,930 in cash.

The directors intend to continue investing capital into the company as suitable property investment and development opportunities arise. As part of the company's longer-term growth strategy, the directors have an ongoing plan to introduce further capital over the coming years to support acquisitions, refurbishment projects and the continued development of the business.

The directors' objective is to progressively grow the company's activities through a combination of recurring rental income, profits generated from property refurbishment and resale projects, and income from property sourcing and related activities.

The first accounting period should therefore principally be viewed as the establishment and capitalisation phase of the business. The directors remain committed to its continued development and intend to provide ongoing investment as the company progresses and suitable investment and development opportunities arise.