222 PROPERTY MANAGEMENT LTD


Directors	Carla Gibson Scaramuzza
	Carlo Scaramuzza
	Danielle Scaramuzza


Registered Address	C/O B-Able Business Services
	Alexander Street
	Clydebank
	G81 1SQ


Registered Number	SC800051 (Scotland)

Balance Sheet as at
30 June 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		100,000		-
			100,000		-
Current assets
Debtors	4,5	14,403		10,442
Cash at bank and on hand		2,149		388
		16,552		10,830
Creditors amounts falling due within one year	6	(63,892)		(2,714)
Net current assets (liabilities)			(47,340)		8,116
Total assets less current liabilities			52,660		8,116
Net assets			52,660		8,116
Capital and reserves
Called up share capital			100		100
Profit and loss account			52,560		8,016
Shareholders' funds			52,660		8,116

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The amended accounts are prepared as they were at the date of the original accounts.
They replace the original accounts
and are now the statutory accounts.
Correction of prior year misallocation
Correction of prior year misallocation

The financial statements were approved and authorised for issue by the Board of Directors on 29 October 2026, and are signed on its behalf by:

Carlo Scaramuzza
Director
Registered Company No. SC800051

222 PROPERTY MANAGEMENT LTD

Notes to the Financial Statements
for the year ended 30 June 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Investment property


		£
	Additions	100,000
	At 30 June 26	100,000

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	2,160	-
Other debtors	11,243	10,144
Prepayments and accrued income	-	298
Total	13,403	10,442

5.	Debtors: amounts due after one year

	2026	2025
	£	£
Amounts owed by group undertakings	1,000	-
Total	1,000	-

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	4,820	-
Taxation and social security	-	1,880
Other creditors	59,072	834
Total	63,892	2,714