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Company Registration No. SC706826 (Scotland)
Explore Islay Limited Unaudited accounts for the year ended 31 August 2025
Explore Islay Limited Annual report and unaudited accounts for the year ended 31 August 2025
CONTENTS
PAGE
Company information
3
Accountants' report
4
Statement of financial position
5
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Explore Islay Limited Company Information for the year ended 31 August 2025
Director
Richard James Cree
Company Number
SC706826 (Scotland)
Registered Office
THE GREY HOUSE AN DIADAN PORT ELLEN ISLE OF ISLAY PA42 7AT SCOTLAND
Accountants
Nairn Ltd 29 St Andrews Park Troon Ayrshire KA10 7GQ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Explore Islay Limited for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Explore Islay Limited for the year ended 31 August 2025 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
This report is made solely to the Board of Directors of Explore Islay Limited, as a body, in accordance with the terms of our engagement letter dated 31 August 2021. Our work has been undertaken solely to prepare for your approval the accounts of Explore Islay Limited and state those matters that we have agreed to state to the Board of Directors of Explore Islay Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Explore Islay Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Explore Islay Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Explore Islay Limited. You consider that Explore Islay Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Explore Islay Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Nairn Ltd Chartered Accountants 29 St Andrews Park Troon Ayrshire KA10 7GQ 1 October 2025
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Explore Islay Limited Statement of Financial Position as at 31 August 2025
2025
2024
£
£
Fixed assets
394,088
327,489
Current assets
8,661
30,562
Creditors: amounts falling due within one year
-
(207,098)
Net current assets/(liabilities)
8,661
(176,536)
Total assets less current liabilities
402,749
150,953
Creditors: amounts falling due after more than one year
(482,915)
(192,692)
Accruals and deferred income
(2,034)
(2,297)
Net liabilities
(82,200)
(44,036)
Capital and reserves
(82,200)
(44,036)
NOTES TO THE ACCOUNTS
1 Statutory information
Explore Islay Limited is a private company, limited by shares, registered in Scotland, registration number SC706826. The registered office is THE GREY HOUSE, AN DIADAN, PORT ELLEN, ISLE OF ISLAY, PA42 7AT, SCOTLAND.
2 Average number of employees
During the year the average number of employees was 1 (2024: 1).
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 1 October 2025
Richard James Cree Director Company Registration No. SC706826
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