REGISTERED NUMBER: SC748297 (Scotland)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Greenock Sa Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

278,676

260,000

CURRENT ASSETS

Debtors

5

4,487

360

Cash at bank

584

44,264

5,071

44,624

CREDITORS

Amounts falling due within one year

6

303,712

306,723

NET CURRENT LIABILITIES

(298,641

)

(262,099

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(19,965

)

(2,099

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Fair value reserve

8

-

9,955

Retained earnings

(20,065

)

(12,154

)

SHAREHOLDERS' FUNDS

(19,965

)

(2,099

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 October 2026 and were signed by:

Mr Christopher Moore - Director

1.	STATUTORY INFORMATION

Greenock Sa Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC748297

Registered office:

Oakfield House Suite 5

31 Main St

East Kilbride

Glasgow

G74 4JU

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rent received or receivable from the investment property, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

The investment property has been stated at cost, as the property was still under development or undergoing refurbishment as at the balance sheet date. Accordingly, the total market value of the property portfolio could not be reliably determined.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £19,965. The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

260,000

Additions

28,631

Revaluations

(9,955

)

At 31 October 2025

278,676

NET BOOK VALUE

At 31 October 2025

278,676

At 31 October 2024

260,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2023

4,205

Valuation in 2024

5,750

Valuation in 2025

(9,955

)

Cost

278,676

278,676

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

4,487

360

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

1,795

-

Other creditors

301,917

306,723

303,712

306,723

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Fair

value

reserve

£

At 1 November 2024

9,955

Transfer to/from

(9,955

)

At 31 October 2025

-

9.	RELATED PARTY DISCLOSURES

The company owes £1,015 (2024: £703) to its director, Mr Christopher Moore who is also a sole shareholder of the company as at accounting year end date.

The company owes £18,811 (2024: £20,580) to Borland Property Ltd, a company registered in United Kingdom (Company registered number: 11870369). Mr Christopher Moore is also a director and sole shareholder of this company as at accounting year end date.

The company owes £161 (2024: £510) to Largs SA Ltd, a company registered in United Kingdom (Company registered number: SC684575). Mr Christopher Moore is also a director and sole shareholder of this company as at accounting year end date.