REGISTERED NUMBER: SO301694 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

FINDLAY-DUNN PROPERTIES LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A A Binning

L W Binning

REGISTERED OFFICE:

Anchor One

1st Floor

7 Thread Street

Paisley

Renfrewshire

PA1 1JR

REGISTERED NUMBER:

SO301694 (Scotland)

ACCOUNTANTS:

Profit Counts Limited

Anchor One

1st Floor

7 Thread Street

Paisley

Renfrewshire

PA1 1JR

FIXED ASSETS

Investment property

4

445,000

775,000

CURRENT ASSETS

Debtors

70

436

Cash at bank

298,262

2,182

298,332

2,618

CREDITORS

Amounts falling due within one year

(2,238

)

(9,473

)

NET CURRENT ASSETS/(LIABILITIES)

296,094

(6,855

)

TOTAL ASSETS LESS CURRENT LIABILITIES

741,094

768,145

CREDITORS

Amounts falling due after more than one year

5

(755

)

(33,121

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

740,339

735,024

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

698,657

618,342

MEMBERS' OTHER INTERESTS

Fair value reserve

41,682

116,682

740,339

735,024

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

698,657

618,342

Members' other interests

41,682

116,682

740,339

735,024

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 January 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30 October 2026 and were signed by:

A A Binning - Designated member

1.	STATUTORY INFORMATION

Findlay-Dunn Properties LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is represented by the rental income receivable from a portfolio of investment properties.

Investment property

Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in market value is transferred to a fair value reserve.

The assets included below are used for the purpose of generating rental income.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

775,000

Disposals

(330,000

)

At 31 January 2026

445,000

NET BOOK VALUE

At 31 January 2026

445,000

At 31 January 2025

775,000

The portfolio of investment properties have been valued by the members at their fair values at 31 January 2026.

The investment properties have been revalued and the following historical cost at 31 January 2026: £384,715 (2025: 658,318).

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable by instalments

Bank loans more 5 yr by instal

-

1,329

6.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

-

39,375

A bond & floating charge for all sums due or becoming due has been granted to the LLP's bankers. In addition to this, standard securities have been granted over the properties owned by the LLP.

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2026

2025

£

£

Amounts owed to members in respect of profits

698,657

618,342

Falling due within one year

698,657

618,342