REGISTERED NUMBER: SC554845 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

PATTERDALE PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C McGougan

Mrs E J McGougan

REGISTERED OFFICE:

Broombank

North Connel

Oban

Argyll

PA37 1RD

REGISTERED NUMBER:

SC554845 (Scotland)

ACCOUNTANTS:

Andy Newiss & Co Ltd

Broombank

North Connel

Oban

Argyll

PA37 1RD

FIXED ASSETS

Tangible assets

4

3,300

3,875

CURRENT ASSETS

Stocks

10,538

5,346

Debtors

5

312,279

324,684

Cash at bank

11,564

3,347

334,381

333,377

CREDITORS

Amounts falling due within one year

6

153,531

149,172

NET CURRENT ASSETS

180,850

184,205

TOTAL ASSETS LESS CURRENT LIABILITIES

184,150

188,080

CREDITORS

Amounts falling due after more than one year

7

21,874

22,301

NET ASSETS

162,276

165,779

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

162,176

165,679

SHAREHOLDERS' FUNDS

162,276

165,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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

C McGougan - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors believe that the company has the ability to meet its current and future liabilities as they fall due and therefore continue to adopt the going concern basis in preparing these financial statements. The directors continue to support the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress and stock is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

5,000

734

5,734

DEPRECIATION

At 1 February 2025

1,500

359

1,859

Charge for year

500

75

575

At 31 January 2026

2,000

434

2,434

NET BOOK VALUE

At 31 January 2026

3,000

300

3,300

At 31 January 2025

3,500

375

3,875

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

3,850

-

Amounts owed by related parties

306,284

323,284

Other debtors

2,145

1,400

312,279

324,684

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

6,073

9,955

Trade creditors

1,440

-

Amounts owed to related parties

127,950

131,200

Other creditors

18,068

8,017

153,531

149,172

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

21,874

22,301

8.	RELATED PARTY DISCLOSURES

Amounts due from related parties £306,284 (£323,284 2025)

Amounts due to related parties £127,950 (£131,200 2025)