REGISTERED NUMBER: SC717217 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EDERLINE HOLDINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A G T Wilson

REGISTERED OFFICE:

Broombank

North Connel

Oban

Argyll

PA37 1RD

REGISTERED NUMBER:

SC717217 (Scotland)

ACCOUNTANTS:

Andy Newiss & Co Ltd

Broombank

North Connel

Oban

Argyll

PA37 1RD

SOLICITORS:

bto Solicitors

48 St. Vincent Street

Glasgow

G2 5HS

FIXED ASSETS

Investment property

4

65,000

65,000

CURRENT ASSETS

Cash at bank

48,242

28,421

CREDITORS

Amounts falling due within one year

5

10,833

13,759

NET CURRENT ASSETS

37,409

14,662

TOTAL ASSETS LESS CURRENT LIABILITIES

102,409

79,662

CREDITORS

Amounts falling due after more than one year

6

71,999

71,999

NET ASSETS

30,410

7,663

CAPITAL AND RESERVES

Called up share capital

3,003

3,003

Retained earnings

27,407

4,660

SHAREHOLDERS' FUNDS

30,410

7,663

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 September 2025 and were signed by:

A G T Wilson - Director

1.	STATUTORY INFORMATION

Ederline Holdings Ltd 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.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

65,000

NET BOOK VALUE

At 31 December 2024

65,000

At 31 December 2023

65,000

Included in fair value of investment property is freehold land of £ 65,000 (2023 - £ 65,000 ) which is not depreciated.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

5,336

2,091

Other creditors

5,497

11,668

10,833

13,759

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to participating interests

71,999

71,999

7.	RELATED PARTY DISCLOSURES

The value of related party transactions with entities which have control, joint control or significant influence was £71,999, (£71,997 in 2023)

8.	INVESTMENT PROPERTY

Investment property comprises land over which there is a registered charge in favour of E Power Limited which relates to an options agreement. The director considers that the fair value of the land remains consistent with the initial purchase costs and awaits the outcome of a planning application. If successful, the director will re-appraise the value of the land as appropriate.