REGISTERED NUMBER: SO307855 (Scotland)

Unaudited Financial Statements

for the Period 2nd October 2023 to 31st October 2024

for

Dougarie Holdings LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

J E G Gibbs

Mrs J Gibbs

REGISTERED OFFICE:

Dougarie Estate

Dougarie

Isle Of Arran

KA27 8EB

REGISTERED NUMBER:

SO307855 (Scotland)

ACCOUNTANTS:

Farries Kirk & McVean

Dumfries Enterprise Park

Heathhall

Dumfries

DUMFRIESSHIRE

DG1 3SJ

FIXED ASSETS

Tangible assets

4

7,001,217

CURRENT ASSETS

Debtors

5

312,787

Cash at bank and in hand

92,914

405,701

CREDITORS

Amounts falling due within one year

6

(206,889

)

NET CURRENT ASSETS

198,812

TOTAL ASSETS LESS CURRENT LIABILITIES

7,200,029

CREDITORS

Amounts falling due after more than one year

7

(784,459

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

6,415,570

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

6,415,570

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

6,415,570

Amounts due from members

5

(42,211

)

6,373,359

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31st October 2024.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 19th September 2025 and were signed by:

J E G Gibbs - Designated member

1.	STATUTORY INFORMATION

Dougarie Holdings LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General Information page.

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was 5 .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 2nd October 2023

2,088,697

923,022

3,011,719

Additions

4,200,000

116,549

4,316,549

Disposals

-

(16,950

)

(16,950

)

At 31st October 2024

6,288,697

1,022,621

7,311,318

DEPRECIATION

At 2nd October 2023

-

304,606

304,606

Charge for period

-

18,020

18,020

Eliminated on disposal

-

(12,525

)

(12,525

)

At 31st October 2024

-

310,101

310,101

NET BOOK VALUE

At 31st October 2024

6,288,697

712,520

7,001,217

At 1st October 2023

2,088,697

618,416

2,707,113

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

259,316

Other debtors

53,471

312,787

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

14,664

Trade creditors

85,236

Other creditors

106,989

206,889

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

784,459

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

£

Amounts owed to members in respect of profits

6,415,570

Falling due within one year

6,415,570