REGISTERED NUMBER: SC756924 (Scotland)

A&M PROPERTY DEVELOPMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M G Rebecchi

Ms A Docherty

REGISTERED OFFICE:

Suite 1, 32 Kempock Street

Gourock

PA19 1NA

REGISTERED NUMBER:

SC756924 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

4,000

-

Investment property

5

300,105

133,553

304,105

133,553

CURRENT ASSETS

Debtors

6

3,611

-

Cash at bank

4,471

28,474

8,082

28,474

CREDITORS

Amounts falling due within one year

7

192,923

131,763

NET CURRENT LIABILITIES

(184,841

)

(103,289

)

TOTAL ASSETS LESS CURRENT LIABILITIES

119,264

30,264

CREDITORS

Amounts falling due after more than one year

8

(86,595

)

(24,755

)

PROVISIONS FOR LIABILITIES

(4,382

)

-

NET ASSETS

28,287

5,509

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

18,680

-

Retained earnings

9,507

5,409

SHAREHOLDERS' FUNDS

28,287

5,509

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:

M G Rebecchi - Director

1.	STATUTORY INFORMATION

A&M Property Development 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, modified to include certain items at fair value.

Turnover

Turnover represents rental income receivable in the year.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Investment property

Land and buildings are classified as investment property when the property is held to earn rentals or for capital appreciation or both. Investment property is initially measured at cost which comprises purchase price and any directly attributable expenditure, and subsequently remeasured to fair value at each reporting date with changes in fair value recognised in the Income Statement.

Financial instruments

Basic financial instruments, including trade and other payables, bank loans and other loans that are classified as debt, are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

Taxation for the year comprises current tax 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

5,000

At 31 January 2026

5,000

DEPRECIATION

Charge for year

1,000

At 31 January 2026

1,000

NET BOOK VALUE

At 31 January 2026

4,000

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

133,553

Additions

143,490

Revaluations

23,062

At 31 January 2026

300,105

NET BOOK VALUE

At 31 January 2026

300,105

At 31 January 2025

133,553

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

3,611

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

4,151

1,794

Taxation and social security

1,196

1,269

Other creditors

187,576

128,700

192,923

131,763

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

86,595

24,755

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

64,975

15,297

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Bank loans

90,746

26,549

The company has provided a floating charge over the company's assets and fixed securities over two of the company's properties to the company's bankers.

10.	RELATED PARTY DISCLOSURES