Company No: SC282848 (Scotland)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Julius Fergus Chamberlain
	Robert Hugo Chamberlain
	David Charles Mellor

REGISTERED OFFICE	16 Charlotte Square
	Edinburgh
	Midlothian
	EH2 4DF
	United Kingdom

COMPANY NUMBER

SC282848 (Scotland)

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	64,314		99,890
Investments	4	73,222,629		66,541,290
		73,286,943		66,641,180
Current assets
Debtors	5	522,724		556,972
Cash at bank and in hand		3,039,285		2,095,858
		3,562,009		2,652,830
Creditors: amounts falling due within one year	6	( 1,917,015)		( 2,990,056)
Net current assets/(liabilities)		1,644,994		(337,226)
Total assets less current liabilities		74,931,937		66,303,954
Provision for liabilities	7	( 2,584,131)		( 719,043)
Net assets		72,347,806		65,584,911
Capital and reserves
Called-up share capital		18,974,538		18,974,538
Share premium account		36,967,775		36,967,775
Capital redemption reserve		96,380		96,380
Profit and loss account		16,309,113		9,546,218
Total shareholders' funds		72,347,806		65,584,911

For the financial year ending 31 December 2024 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 Profit and Loss Account has not been delivered.

The financial statements of Bamboo Holdings Limited (registered number: SC282848) were approved and authorised for issue by the Board of Directors on 30 September 2025. They were signed on its behalf by:

Julius Fergus Chamberlain Director

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

Bamboo Holdings 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 16 Charlotte Square, Edinburgh, Midlothian, EH2 4DF, United Kingdom.

The financial statements have been prepared under the historical cost convention except that as disclosed below certain items were carried at fair value 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 £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably).

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.

Tangible fixed assets

Tangible fixed assets are stated at cost , net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

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.

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.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	3		3

3. Tangible assets

	Vehicles		Total
	£		£
Cost
At 01 January 2024	200,978		200,978
At 31 December 2024	200,978		200,978
Accumulated depreciation
At 01 January 2024	101,088		101,088
Charge for the financial year	35,576		35,576
At 31 December 2024	136,664		136,664
Net book value
At 31 December 2024	64,314		64,314
At 31 December 2023	99,890		99,890

4. Fixed asset investments

	Listed investments		Other investments		Total
	£		£		£
Cost or valuation before impairment
At 01 January 2024	61,294,337		5,246,953		66,541,290
Additions	22,143,166		159,183		22,302,349
Disposals	( 22,475,619)		( 246,348)		( 22,721,967)
Movement in fair value	5,953,366		1,397,566		7,350,932
Amounts written off investments	0		( 249,975)		( 249,975)
At 31 December 2024	66,915,250		6,307,379		73,222,629
Carrying value at 31 December 2024	66,915,250		6,307,379		73,222,629
Carrying value at 31 December 2023	61,294,337		5,246,953		66,541,290

5. Debtors

	2024		2023
	£		£
Prepayments and accrued income	352,622		2,197
Corporation tax	153,440		554,775
Other debtors	16,662		0
	522,724		556,972

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to group undertakings (note 8)	10,875		161,939
Amounts owed to related parties (note 8)	1,700,000		1,500,000
Taxation and social security	76,854		1,253,207
Other creditors	129,286		74,910
	1,917,015		2,990,056

7. Provision for liabilities

	2024		2023
	£		£
Deferred tax	2,584,131		719,043

	Deferred taxation		Total
	£		£
At 01 January 2024	719,043		719,043
Charged to the Profit and Loss Account	1,865,088		1,865,088
At 31 December 2024	2,584,131		2,584,131

8. Related party transactions

The company received a loan of £200,000 (2023 - £1,500,000) from a trust which is the ultimate controlling party and of which two of the company's directors are trustees. The amounts due at the end of the year was £1,700,000 (2023: £1,500,000). The loan is unsecured, interest free and repayable on demand.

During the year, the company repaid £161,939 (2023: £nil) to related parties. The related parties are entities under common ownership with the company. The advances were unsecured, interest free and repayable on demand. At the reporting date, the balance outstanding was was £10,875 (2023: £161,939).