Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mrs C Heggie 09/09/2014 Mr D Mountford Mr J Mountford 09/09/2014 Dr S Mountford 09/09/2014 11 September 2025 The principal activity of the company during the financial year was that of property investment. SC486292 2025-03-31 SC486292 bus:Director1 2025-03-31 SC486292 bus:Director3 2025-03-31 SC486292 bus:Director4 2025-03-31 SC486292 2024-03-31 SC486292 core:CurrentFinancialInstruments 2025-03-31 SC486292 core:CurrentFinancialInstruments 2024-03-31 SC486292 core:ShareCapital 2025-03-31 SC486292 core:ShareCapital 2024-03-31 SC486292 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC486292 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC486292 core:CostValuation 2024-03-31 SC486292 core:FurtherSpecificIncreaseDecreaseInInvestments2ComponentTotalChangeInInvestments 2025-03-31 SC486292 core:CostValuation 2025-03-31 SC486292 bus:OrdinaryShareClass1 2025-03-31 SC486292 bus:OrdinaryShareClass2 2025-03-31 SC486292 bus:OrdinaryShareClass3 2025-03-31 SC486292 bus:OrdinaryShareClass4 2025-03-31 SC486292 2024-04-01 2025-03-31 SC486292 bus:FilletedAccounts 2024-04-01 2025-03-31 SC486292 bus:SmallEntities 2024-04-01 2025-03-31 SC486292 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC486292 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC486292 bus:Director1 2024-04-01 2025-03-31 SC486292 bus:Director2 2024-04-01 2025-03-31 SC486292 bus:Director3 2024-04-01 2025-03-31 SC486292 bus:Director4 2024-04-01 2025-03-31 SC486292 2023-04-01 2024-03-31 SC486292 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 SC486292 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 SC486292 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 SC486292 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 SC486292 bus:OrdinaryShareClass3 2024-04-01 2025-03-31 SC486292 bus:OrdinaryShareClass3 2023-04-01 2024-03-31 SC486292 bus:OrdinaryShareClass4 2024-04-01 2025-03-31 SC486292 bus:OrdinaryShareClass4 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC486292 (Scotland)

# K D DEVELOPMENTS (SCOTLAND) LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH THE REGISTRAR

K D DEVELOPMENTS (SCOTLAND) LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

Contents

K D DEVELOPMENTS (SCOTLAND) LIMITED

## BALANCE SHEET

AS AT 31 MARCH 2025
K D DEVELOPMENTS (SCOTLAND) LIMITED

## BALANCE SHEET (continued)

AS AT 31 MARCH 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 326,880 |  | 363,028
|  | 326,880 |  | 363,028
Current assets |  |  |  |
Cash at bank and in hand |  | 305 |  | 316
|  | 305 |  | 316
Creditors: amounts falling due within one year | 4 | ( 103,312) |  | ( 116,406)
Net current liabilities |  | (103,007) |  | (116,090)
Total assets less current liabilities |  | 223,873 |  | 246,938
Net assets |  | 223,873 |  | 246,938
Capital and reserves |  |  |  |
Called-up share capital | 5 | 100 |  | 100
Profit and loss account |  | 223,773 |  | 246,838
Total shareholders' funds |  | 223,873 |  | 246,938

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of K D Developments (Scotland) Limited (registered number: SC486292) were approved and authorised for issue by the Board of Directors on 11 September 2025. They were signed on its behalf by:

Mrs C Heggie Director |

K D DEVELOPMENTS (SCOTLAND) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
K D DEVELOPMENTS (SCOTLAND) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

K D Developments (Scotland) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 10 The Green, Pencaitland, Tranent, EH34 5HE, Scotland, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial decisions of the associate.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors, cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 0 |  | 0

#### 3. Fixed asset investments

| 2025 |  | 2024
| £ |  | £
Other investments and loans | 326,880 |  | 363,028

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 April 2024 | 363,028 |  | 363,028
Movement in this period | ( 36,148) |  | ( 36,148)
At 31 March 2025 | 326,880 |  | 326,880
Carrying value at 31 March 2025 | 326,880 |  | 326,880
Carrying value at 31 March 2024 | 363,028 |  | 363,028

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 10,766 |  | 11,926
Other creditors | 92,546 |  | 104,480
| 103,312 |  | 116,406

#### 5. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
5 A ordinary shares of £ 1.00 each | 5 |  | 5
5 B ordinary shares of £ 1.00 each | 5 |  | 5
45 C ordinary shares of £ 1.00 each | 45 |  | 45
45 D ordinary shares of £ 1.00 each | 45 |  | 45
| 100 |  | 100

#### 6. Related party transactions

Other related party transactions

| 2025 |  | 2024
| £ |  | £
Amount owed to other related parties | 41,055 |  | 41,055

The loan is unsecured, interest free and has no fixed terms of repayment.