Clova Lettings Limited

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

Registered number: SC813756

		31 March 2026		30 September 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,531		-
Investment Properties	5		2,495,000		-

			2,496,531		-
CURRENT ASSETS
Debtors	6	19,748		-
Cash at bank and in hand		13,546		100

		33,294		100
Creditors: Amounts Falling Due Within One Year	7	(741,596 )		-

NET CURRENT ASSETS (LIABILITIES)			(708,302 )		100

TOTAL ASSETS LESS CURRENT LIABILITIES			1,788,229		100

Creditors: Amounts Falling Due After More Than One Year	8		(1,755,930 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(9,244 )		-

NET ASSETS			23,055		100

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			22,955		-

SHAREHOLDERS' FUNDS			23,055		100

Page 1

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Clova Lettings Limited

Balance Sheet (continued)

As At 31 March 2026

For the period 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.

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 David Greenan

Director

26/10/2026

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

1. General Information

Clova Lettings Limited is a private company, limited by shares, incorporated in Scotland, registered number SC813756 . The registered office is 1a Heugh Road Industrial Estate, North Berwick, East Lothian, EH39 5PX.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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:

Fixtures & Fittings	Not depreciated
Computer Equipment	25% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2024: NIL)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 October 2024	-	-	-
Additions	299	1,545	1,844

As at 31 March 2026	299	1,545	1,844

...CONTINUED

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Clova Lettings Limited

Notes to the Financial Statements (continued)

For the Period 1 October 2024 to 31 March 2026

Depreciation
As at 1 October 2024	-	-	-
Provided during the period	-	313	313

As at 31 March 2026	-	313	313

Net Book Value
As at 31 March 2026	299	1,232	1,531

As at 1 October 2024	-	-	-

5. Investment Property

	31 March 2026
	£
Fair Value
As at 1 October 2024	-
Additions	2,447,580
Revaluations	47,420

As at 31 March 2026	2,495,000

6. Debtors

	31 March 2026	30 September 2024
	£	£
Due within one year
Trade debtors	2,700	-
Other debtors	17,048	-

	19,748	-

7. Creditors: Amounts Falling Due Within One Year

	31 March 2026	30 September 2024
	£	£
Trade creditors	697	-
Other creditors	740,733	-
Taxation and social security	166	-

	741,596	-

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

	31 March 2026	30 September 2024
	£	£
Bank loans	1,755,930	-

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Clova Lettings Limited

Notes to the Financial Statements (continued)

For the Period 1 October 2024 to 31 March 2026

9. Share Capital

	31 March 2026	30 September 2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

11. Ultimate Controlling Party

The company's ultimate controlling parties are David Greenan and Maria Asin Bayen by virtue of their joint ownership of 64% of the issued share capital in the company.