| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 28 February 2026 |
| for |
| Rmpropertyscotland Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 28 February 2026 |
| for |
| Rmpropertyscotland Ltd |
| Rmpropertyscotland Ltd (Registered number: SC759478) |
| Contents of the Financial Statements |
| For The Year Ended 28 February 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 8 |
| Rmpropertyscotland Ltd |
| Company Information |
| For The Year Ended 28 February 2026 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 1 Cambuslang Court |
| Cambuslang |
| Glasgow |
| Strathclyde |
| G32 8FH |
| Rmpropertyscotland Ltd (Registered number: SC759478) |
| Balance Sheet |
| 28 February 2026 |
| 28.2.26 | 28.2.25 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 10 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| Rmpropertyscotland Ltd (Registered number: SC759478) |
| Balance Sheet - continued |
| 28 February 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Rmpropertyscotland Ltd (Registered number: SC759478) |
| Notes to the Financial Statements |
| For The Year Ended 28 February 2026 |
| 1. | STATUTORY INFORMATION |
| Rmpropertyscotland Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis. |
| 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 |
| Plant and machinery | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Financial instruments |
| Debtors |
| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
| Creditors |
| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
| Cash and Bank Balances |
| Cash and bank balances are measured at the transaction price. |
| 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. |
| Rmpropertyscotland Ltd (Registered number: SC759478) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28 February 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2025 |
| Additions |
| At 28 February 2026 |
| DEPRECIATION |
| At 1 March 2025 |
| Charge for year |
| At 28 February 2026 |
| NET BOOK VALUE |
| At 28 February 2026 |
| At 28 February 2025 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 March 2025 |
| Additions |
| Revaluations | 12,345 |
| At 28 February 2026 |
| NET BOOK VALUE |
| At 28 February 2026 |
| At 28 February 2025 |
| Rmpropertyscotland Ltd (Registered number: SC759478) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28 February 2026 |
| 5. | INVESTMENT PROPERTY - continued |
| Fair value at 28 February 2026 is represented by: |
| £ |
| Valuation in 2025 | 14,170 |
| Valuation in 2026 | 12,344 |
| Cost | 857,282 |
| 883,796 |
| If the properties had not been revalued they would have been included at the following historical cost: |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Cost | 857,282 | - |
| Investment property was valued on an open market basis on 28 February 2026 by Paratus AMC Ltd and Aldermore Bank PLC . |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Bank loans |
| Rmpropertyscotland Ltd (Registered number: SC759478) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28 February 2026 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Bank loans |
| At year-end, the company's borrowings were secured by standard securities granted over certain investment properties owned by the company. |
| The company had outstanding charges in favour of LendInvest, Paratus AMC, Aldermore Bank PLC and Together Commercial Finance Limited. These charges provide the lenders with fixed security over the relevant properties and secure the repayment of the related loan facilities together with any associated interest, fees and costs. |
| The carrying amount of the assets subject to these securities is included within investment properties in the balance sheet. |
| 10. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1 March 2025 |
| Transfer to fair value reserve | 12,345 |
| At 28 February 2026 |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Rmpropertyscotland Ltd |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rmpropertyscotland Ltd for the year ended 28 February 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts. |
| This report is made solely to the Board of Directors of Rmpropertyscotland Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rmpropertyscotland Ltd and state those matters that we have agreed to state to the Board of Directors of Rmpropertyscotland Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Rmpropertyscotland Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rmpropertyscotland Ltd. You consider that Rmpropertyscotland Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Rmpropertyscotland Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 1 Cambuslang Court |
| Cambuslang |
| Glasgow |
| Strathclyde |
| G32 8FH |