Company Registration No. SC588399 (Scotland)
N & P Property Limited
Unaudited accounts
for the year ended 28 February 2026
N & P Property Limited
Unaudited accounts
Contents
N & P Property Limited
Company Information
for the year ended 28 February 2026
Directors
Peter Murray
Neil Allan
Company Number
SC588399 (Scotland)
Registered Office
57 A BREDILAND ROAD
LINWOOD
PAISLEY
RENFREWSHIRE
PA3 3RA
UNITED KINGDOM
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
N & P Property Limited
Statement of financial position
as at 28 February 2026
Tangible assets
221,540
221,540
Cash at bank and in hand
7,397
3,133
Creditors: amounts falling due within one year
(75,644)
(72,760)
Net current liabilities
(66,889)
(69,627)
Total assets less current liabilities
154,651
151,913
Creditors: amounts falling due after more than one year
(149,442)
(153,174)
Net assets/(liabilities)
5,209
(1,261)
Called up share capital
1
1
Profit and loss account
5,208
(1,262)
Shareholders' funds
5,209
(1,261)
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2026 and were signed on its behalf by
Peter Murray
Director
Company Registration No. SC588399
N & P Property Limited
Notes to the Accounts
for the year ended 28 February 2026
N & P Property Limited is a private company, limited by shares, registered in Scotland, registration number SC588399. The registered office is 57 A BREDILAND ROAD, LINWOOD, PAISLEY, RENFREWSHIRE, PA3 3RA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover includes revenue earned from property rental and is recognised when receivable by the company.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 28 February 2026
221,540
At 28 February 2026
221,540
At 28 February 2025
221,540
N & P Property Limited
Notes to the Accounts
for the year ended 28 February 2026
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
631
-
Loans from directors
74,654
72,401
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
149,442
153,174
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).