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Registered number: SC181858
Relax Property Investments Limited
Financial Statements
For The Year Ended 31 December 2025
Khokhar McAdam Ltd
Chartered Accountants
1 Eagle Street
Glasgow
G4 9XA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC181858
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 440,806 440,806
440,806 440,806
CURRENT ASSETS
Debtors 5 50,794 50,794
Cash at bank and in hand 7,210 13,211
58,004 64,005
Creditors: Amounts Falling Due Within One Year 6 (47,939 ) (50,633 )
NET CURRENT ASSETS (LIABILITIES) 10,065 13,372
TOTAL ASSETS LESS CURRENT LIABILITIES 450,871 454,178
Creditors: Amounts Falling Due After More Than One Year 7 (145,918 ) (145,918 )
NET ASSETS 304,953 308,260
CAPITAL AND RESERVES
Called up share capital 8 750 750
Revaluation reserve 9 108,317 108,317
Profit and Loss Account 195,886 199,193
SHAREHOLDERS' FUNDS 304,953 308,260
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 her 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
Mrs Gurmet Singh
Director
6 October 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
Relax Property Investments Limited is a private company, limited by shares, incorporated in Scotland, registered number SC181858 . The registered office is 74 Parkgrove Drive, Edinburgh, EH4 7QF.
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:
Freehold -
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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Page 4
4. Tangible Assets
Land & Buildings
£
Cost
As at 1 January 2025 440,806
As at 31 December 2025 440,806
Net Book Value
As at 31 December 2025 440,806
As at 1 January 2025 440,806
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 50,794 50,794
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) (1 )
Other creditors 47,940 39,278
Taxation and social security - 11,356
47,939 50,633
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 145,918 145,918
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 750 750
Page 4
Page 5
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 January 2025 108,317 199,193
Loss for the year and total comprehensive income - (3,307 )
As at 31 December 2025 108,317 195,886
Page 5