2023-09-012024-08-312024-08-31falseSC740588SKYE & LOCHALSH INVESTMENTS LIMITED2025-05-2368100falseiso4217:GBPxbrli:pureSC7405882023-09-01SC7405882024-08-31SC7405882023-09-012024-08-31SC7405882022-08-08SC7405882023-08-31SC7405882022-08-082023-08-31SC740588bus:SmallEntities2023-09-012024-08-31SC740588bus:AuditExempt-NoAccountantsReport2023-09-012024-08-31SC740588bus:FullAccounts2023-09-012024-08-31SC740588bus:PrivateLimitedCompanyLtd2023-09-012024-08-31SC740588core:WithinOneYear2024-08-31SC740588core:AfterOneYear2024-08-31SC740588core:WithinOneYear2023-08-31SC740588core:AfterOneYear2023-08-31SC740588core:ShareCapital2024-08-31SC740588core:SharePremium2024-08-31SC740588core:RevaluationReserve2024-08-31SC740588core:OtherReservesSubtotal2024-08-31SC740588core:RetainedEarningsAccumulatedLosses2024-08-31SC740588core:ShareCapital2023-08-31SC740588core:SharePremium2023-08-31SC740588core:RevaluationReserve2023-08-31SC740588core:OtherReservesSubtotal2023-08-31SC740588core:RetainedEarningsAccumulatedLosses2023-08-31SC740588core:LandBuildings2024-08-31SC740588core:PlantMachinery2024-08-31SC740588core:Vehicles2024-08-31SC740588core:FurnitureFittings2024-08-31SC740588core:OfficeEquipment2024-08-31SC740588core:NetGoodwill2024-08-31SC740588core:IntangibleAssetsOtherThanGoodwill2024-08-31SC740588core:ListedExchangeTraded2024-08-31SC740588core:UnlistedNon-exchangeTraded2024-08-31SC740588core:LandBuildings2023-08-31SC740588core:PlantMachinery2023-08-31SC740588core:Vehicles2023-08-31SC740588core:FurnitureFittings2023-08-31SC740588core:OfficeEquipment2023-08-31SC740588core:NetGoodwill2023-08-31SC740588core:IntangibleAssetsOtherThanGoodwill2023-08-31SC740588core:ListedExchangeTraded2023-08-31SC740588core:UnlistedNon-exchangeTraded2023-08-31SC740588core:LandBuildings2023-09-012024-08-31SC740588core:PlantMachinery2023-09-012024-08-31SC740588core:Vehicles2023-09-012024-08-31SC740588core:FurnitureFittings2023-09-012024-08-31SC740588core:OfficeEquipment2023-09-012024-08-31SC740588core:NetGoodwill2023-09-012024-08-31SC740588core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-31SC740588core:ListedExchangeTraded2023-09-012024-08-31SC740588core:UnlistedNon-exchangeTraded2023-09-012024-08-31SC740588core:MoreThanFiveYears2023-09-012024-08-31SC740588core:Non-currentFinancialInstruments2024-08-31SC740588core:Non-currentFinancialInstruments2023-08-31SC740588dpl:CostSales2023-09-012024-08-31SC740588dpl:DistributionCosts2023-09-012024-08-31SC740588core:LandBuildings2023-09-012024-08-31SC740588core:PlantMachinery2023-09-012024-08-31SC740588core:Vehicles2023-09-012024-08-31SC740588core:FurnitureFittings2023-09-012024-08-31SC740588core:OfficeEquipment2023-09-012024-08-31SC740588dpl:AdministrativeExpenses2023-09-012024-08-31SC740588core:NetGoodwill2023-09-012024-08-31SC740588core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-31SC740588dpl:GroupUndertakings2023-09-012024-08-31SC740588dpl:ParticipatingInterests2023-09-012024-08-31SC740588dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-31SC740588core:ListedExchangeTraded2023-09-012024-08-31SC740588dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-31SC740588core:UnlistedNon-exchangeTraded2023-09-012024-08-31SC740588dpl:CostSales2022-08-082023-08-31SC740588dpl:DistributionCosts2022-08-082023-08-31SC740588core:LandBuildings2022-08-082023-08-31SC740588core:PlantMachinery2022-08-082023-08-31SC740588core:Vehicles2022-08-082023-08-31SC740588core:FurnitureFittings2022-08-082023-08-31SC740588core:OfficeEquipment2022-08-082023-08-31SC740588dpl:AdministrativeExpenses2022-08-082023-08-31SC740588core:NetGoodwill2022-08-082023-08-31SC740588core:IntangibleAssetsOtherThanGoodwill2022-08-082023-08-31SC740588dpl:GroupUndertakings2022-08-082023-08-31SC740588dpl:ParticipatingInterests2022-08-082023-08-31SC740588dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-082023-08-31SC740588core:ListedExchangeTraded2022-08-082023-08-31SC740588dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-082023-08-31SC740588core:UnlistedNon-exchangeTraded2022-08-082023-08-31SC740588core:NetGoodwill2024-08-31SC740588core:IntangibleAssetsOtherThanGoodwill2024-08-31SC740588core:LandBuildings2024-08-31SC740588core:PlantMachinery2024-08-31SC740588core:Vehicles2024-08-31SC740588core:FurnitureFittings2024-08-31SC740588core:OfficeEquipment2024-08-31SC740588core:AfterOneYear2024-08-31SC740588core:WithinOneYear2024-08-31SC740588core:ListedExchangeTraded2024-08-31SC740588core:UnlistedNon-exchangeTraded2024-08-31SC740588core:ShareCapital2024-08-31SC740588core:SharePremium2024-08-31SC740588core:RevaluationReserve2024-08-31SC740588core:OtherReservesSubtotal2024-08-31SC740588core:RetainedEarningsAccumulatedLosses2024-08-31SC740588core:NetGoodwill2023-08-31SC740588core:IntangibleAssetsOtherThanGoodwill2023-08-31SC740588core:LandBuildings2023-08-31SC740588core:PlantMachinery2023-08-31SC740588core:Vehicles2023-08-31SC740588core:FurnitureFittings2023-08-31SC740588core:OfficeEquipment2023-08-31SC740588core:AfterOneYear2023-08-31SC740588core:WithinOneYear2023-08-31SC740588core:ListedExchangeTraded2023-08-31SC740588core:UnlistedNon-exchangeTraded2023-08-31SC740588core:ShareCapital2023-08-31SC740588core:SharePremium2023-08-31SC740588core:RevaluationReserve2023-08-31SC740588core:OtherReservesSubtotal2023-08-31SC740588core:RetainedEarningsAccumulatedLosses2023-08-31SC740588core:NetGoodwill2022-08-08SC740588core:IntangibleAssetsOtherThanGoodwill2022-08-08SC740588core:LandBuildings2022-08-08SC740588core:PlantMachinery2022-08-08SC740588core:Vehicles2022-08-08SC740588core:FurnitureFittings2022-08-08SC740588core:OfficeEquipment2022-08-08SC740588core:AfterOneYear2022-08-08SC740588core:WithinOneYear2022-08-08SC740588core:ListedExchangeTraded2022-08-08SC740588core:UnlistedNon-exchangeTraded2022-08-08SC740588core:ShareCapital2022-08-08SC740588core:SharePremium2022-08-08SC740588core:RevaluationReserve2022-08-08SC740588core:OtherReservesSubtotal2022-08-08SC740588core:RetainedEarningsAccumulatedLosses2022-08-08SC740588core:AfterOneYear2023-09-012024-08-31SC740588core:WithinOneYear2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:CostValuation2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-31SC740588core:Non-currentFinancialInstrumentscore:CostValuation2024-08-31SC740588core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-08-31SC740588core:Non-currentFinancialInstrumentscore:CostValuation2023-08-31SC740588core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-31SC740588core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-31SC740588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-31SC740588core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-31SC740588core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-31SC740588core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-31SC740588core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-31SC740588core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-31SC740588bus:Director12023-09-012024-08-31

SKYE & LOCHALSH INVESTMENTS LIMITED

Registered Number
SC740588
(Scotland)

Unaudited Financial Statements for the Year ended
31 August 2024

SKYE & LOCHALSH INVESTMENTS LIMITED
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

KEANE, Robert

Registered Address

19 Adelphi
Aberdeen
AB11 5BL

Registered Number

SC740588 (Scotland)
SKYE & LOCHALSH INVESTMENTS LIMITED
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property31,035,032605,966
1,035,032605,966
Current assets
Debtors66,90792,584
Cash at bank and on hand7,364102
74,27192,686
Creditors amounts falling due within one year4(85,129)(37,698)
Net current assets (liabilities)(10,858)54,988
Total assets less current liabilities1,024,174660,954
Creditors amounts falling due after one year5(1,020,025)(659,664)
Net assets4,1491,290
Capital and reserves
Called up share capital2510
Profit and loss account4,1241,280
Shareholders' funds4,1491,290
The financial statements were approved and authorised for issue by the Director on 23 May 2025, and are signed on its behalf by:
KEANE, Robert
Director
Registered Company No. SC740588
SKYE & LOCHALSH INVESTMENTS LIMITED
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees

20242023
Average number of employees during the year00
3.Investment property

£
Fair value at 01 September 23605,966
Additions429,066
At 31 August 241,035,032
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables38,8506,138
Taxation and social security971300
Accrued liabilities and deferred income45,30831,260
Total85,12937,698
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts851,151415,643
Amounts owed to related parties168,874244,021
Total1,020,025659,664