Braemar Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC302396 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Braemar Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A D MacLean

Dr C A MacLean

R A MacLean

Mrs P A MacLean

SECRETARY:

Mrs P A MacLean

REGISTERED OFFICE:

c/o The Raeburn Hotel

112 Raeburn Place

Stockbridge

Edinburgh

EH4 1HG

REGISTERED NUMBER:

SC302396 (Scotland)

ACCOUNTANTS:

Cowan & Partners Limited

60 Constitution Street

Edinburgh

EH6 6RR

FIXED ASSETS

Investments

4

3,000,005

CURRENT ASSETS

Debtors

5

450,000

550,000

Cash at bank

7,610,982

7,201,330

8,060,982

7,751,330

CREDITORS

Amounts falling due within one year

6

93,915

65,997

NET CURRENT ASSETS

7,967,067

7,685,333

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,967,072

10,685,338

CAPITAL AND RESERVES

Called up share capital

200,003

Retained earnings

10,767,069

10,485,335

SHAREHOLDERS' FUNDS

10,967,072

10,685,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 22 August 2025 and were signed on its behalf by:

A D MacLean - Director

1.	STATUTORY INFORMATION

Braemar Investments 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Taxation

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 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 balance sheet date.

Other income

Interest income is recognised using the effective interest method and dividend income is recognised as the company's right to receive payment is established.

Debtors/creditors due in less than one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

3,000,005

NET BOOK VALUE

At 31 March 2025

3,000,005

At 31 March 2024

3,000,005

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed by group undertakings

450,000

550,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Taxation and social security

93,911

65,993

Other creditors

4

93,915

65,997

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8.	ULTIMATE CONTROLLING PARTY

At the year end, the company was a wholly owned subsidiary of Borders Holdings (Scotland) Limited, a company registered in Scotland.