Company Registration No. SC589989 (Scotland)
SHMM PROPERTIES LTD
Unaudited accounts
for the year ended 28 February 2026
SHMM PROPERTIES LTD
Unaudited accounts
Contents
SHMM PROPERTIES LTD
Company Information
for the year ended 28 February 2026
Directors
Steven Henry Sneddon
Holly Sneddon
Company Number
SC589989 (Scotland)
Registered Office
50 JAMES YOUNG ROAD
BATHGATE
EH48 2UP
UNITED KINGDOM
Accountants
Gregory Accounting Services Limited
87 Meadowpark Avenue
Bathgate
West Lothian
EH48 2ST
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
SHMM PROPERTIES LTD
for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SHMM PROPERTIES LTD for the year ended 28 February 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Gregory Accounting Services Limited
Member in Practice
87 Meadowpark Avenue
Bathgate
West Lothian
EH48 2ST
7 October 2026
SHMM PROPERTIES LTD
Statement of financial position
as at 28 February 2026
Investment property
2,773,699
2,632,419
Cash at bank and in hand
9,658
1,408
Creditors: amounts falling due within one year
(855,496)
(527,329)
Net current liabilities
(845,838)
(525,921)
Total assets less current liabilities
1,928,390
2,106,617
Creditors: amounts falling due after more than one year
(957,737)
(1,205,072)
Net assets
970,653
901,545
Called up share capital
2
2
Revaluation reserve
558,352
558,352
Profit and loss account
412,299
343,191
Shareholders' funds
970,653
901,545
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 7 October 2026 and were signed on its behalf by
Steven Henry Sneddon
Director
Company Registration No. SC589989
SHMM PROPERTIES LTD
Notes to the Accounts
for the year ended 28 February 2026
SHMM PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC589989. The registered office is 50 JAMES YOUNG ROAD, BATHGATE, EH48 2UP, 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.
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
Fixtures & fittings
Fair value at 1 March 2025
2,632,419
At 28 February 2026
2,773,699
SHMM PROPERTIES LTD
Notes to the Accounts
for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
23,221
15,872
Other creditors
633,137
274,190
Loans from directors
198,494
236,772
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
957,737
1,205,072
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).