REGISTERED NUMBER: SC418160 (Scotland)

Audited Financial Statements for the Year Ended 31 March 2025

for

Ballater Community Enterprise Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A M Harrison

Mr A Mitchell

Mr N Wisely

Mr F W W Burr

Mr B W Lawson

Mr L J Smith

SECRETARY:

Mr A M Harrison

REGISTERED OFFICE:

Park House

Anderson Road

Ballater

Aberdeenshire

AB35 5QW

REGISTERED NUMBER:

SC418160 (Scotland)

AUDITORS:

The Grant Considine Partnership

Statutory Auditors & Chartered Accountants

46 High Street

Banchory

Aberdeenshire

AB31 5SR

FIXED ASSETS

Tangible assets

6

89,617

94,982

CURRENT ASSETS

Stocks

4,156

3,130

Debtors

7

15,863

11,586

Cash at bank and in hand

534,649

452,919

554,668

467,635

CREDITORS

Amounts falling due within one year

8

224,906

220,836

NET CURRENT ASSETS

329,762

246,799

TOTAL ASSETS LESS CURRENT LIABILITIES

419,379

341,781

PROVISIONS FOR LIABILITIES

4,316

4,336

NET ASSETS

415,063

337,445

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

414,063

336,445

SHAREHOLDERS' FUNDS

415,063

337,445

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

Mr E J McQueen - Director

1.	STATUTORY INFORMATION

Ballater Community Enterprise Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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 Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Turnover is measured at fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and Value Added Tax.

Income is recognised when the service has been provided, when the amount of revenue can be measured reliably and when its probable that future economic benefits will flow to the entity. If a customer has not been invoiced for services provided during the period the income is accrued and included in debtors under prepayments and accrued income.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life.

Plant and Machinery

5 - 25% on cost

Improvements to property

over the duration of the lease

Fixtures and fittings

25% on cost

Computer equipment

25% on cost

Inventory

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the time of approving the financial statements the company has a reasonable expectation that the company has adequate reserves to continue in operational existence for at least the next twelve months. Thus it continues to adopt the going concern basis of accounting in preparing the financial statements.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	AUDITORS' REMUNERATION

2025

2024

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

3,860

3,680

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

216,296

Additions

927

Disposals

(3,681

)

At 31 March 2025

213,542

DEPRECIATION

At 1 April 2024

121,314

Charge for year

6,269

Eliminated on disposal

(3,658

)

At 31 March 2025

123,925

NET BOOK VALUE

At 31 March 2025

89,617

At 31 March 2024

94,982

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,952

216

Other debtors

13,911

11,370

15,863

11,586

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,052

18,338

Taxation and social security

49,857

29,886

Other creditors

166,997

172,612

224,906

220,836

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

19,255

19,255

Between one and five years

29,066

45,051

In more than five years

6,540

9,810

54,861

74,116

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Gillian R Nicolson (Senior Statutory Auditor)

for and on behalf of The Grant Considine Partnership

11.	RELATED PARTY DISCLOSURES

During the year the company donated £70,000 to it's parent company; Ballater (RD) Ltd (2024 - £79,758) however the company also received a donation refund of £1,975 from it's parent company; Ballater (RD) Ltd.

12.	ULTIMATE PARENT COMPANY

The ultimate controlling party is Ballater (RD) Limited.

Registered Office:

Park House Caravan Park

Anderson Road

Ballater

Aberdeenshire

AB35 5QW

Ballater (RD) Limited draws up consolidated financial statements on behalf of the group.