REGISTERED NUMBER: SC050536 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BARTON & DAVIES (JEAN SALOON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I A L Reid

M Barton

L Reid

J Reid

REGISTERED OFFICE:

97 Lothian Road

Edinburgh

EH3 9AN

REGISTERED NUMBER:

SC050536 (Scotland)

ACCOUNTANTS:

Haines Watts

Business Advisors and Accountants

Q Court

3 Quality Street

Edinburgh

EH4 5BP

FIXED ASSETS

Investments

4

52,199

37,484

Investment property

5

1,085,000

1,085,000

1,137,199

1,122,484

CURRENT ASSETS

Debtors

6

452,342

440,243

Cash at bank

129,189

171,312

581,531

611,555

CREDITORS

Amounts falling due within one year

7

(41,850

)

(67,319

)

NET CURRENT ASSETS

539,681

544,236

TOTAL ASSETS LESS CURRENT LIABILITIES

1,676,880

1,666,720

PROVISIONS FOR LIABILITIES

8

(67,381

)

(64,437

)

NET ASSETS

1,609,499

1,602,283

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Non-distributable reserve

528,290

528,290

Retained earnings

1,076,209

1,068,993

SHAREHOLDERS' FUNDS

1,609,499

1,602,283

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 16 September 2025 and were signed on its behalf by:

I A L Reid - Director

1.	STATUTORY INFORMATION

Barton & Davies (Jean Saloon) 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 as modified by the revaluation of certain assets.

TURNOVER

Turnover represents rental income receivable in the year.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is initially recognised in the Income Statement and then transferred to a non-distributable reserve.

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.

Deferred tax relating to assets carried at fair value is initially recognised in the Income Statement with a subsequent transfer to a non-distributable reserve matching the future tax charge with the unrealised valuation gain to which it relates.

LISTED INVESTMENTS

Listed investments are held at market value with any movement in their market value each year being taken to the Income Statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2024

37,484

Reversal of impairments

14,715

At 31 March 2025

52,199

NET BOOK VALUE

At 31 March 2025

52,199

At 31 March 2024

37,484

Cost or valuation at 31 March 2025 is represented by:

Listed

investments

£

Valuation in 2024

(236,091

)

Valuation in 2025

14,715

Cost

273,575

52,199

Professional valuation of the assets was carried out at quoted market price.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,085,000

NET BOOK VALUE

At 31 March 2025

1,085,000

At 31 March 2024

1,085,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

640,554

Cost

444,446

1,085,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

444,446

444,446

Investment property was valued on an open market basis on 31 March 2025 by the directors .

The directors do not consider that there has been a material movement since the last formal valuation.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by related undertakings

439,994

439,994

Other debtors

12,348

249

452,342

440,243

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

2,374

17,384

Other creditors

39,476

49,935

41,850

67,319

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

67,381

64,437

Deferred

tax

£

Balance at 1 April 2024

64,437

Provided during year

2,944

Balance at 31 March 2025

67,381

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within Other debtors (2024: Other creditors) is an amount of £48 (2024 - £16,818 due to) due from a director of the company. The loan is interest free and has no fixed terms of repayment.

10.	RELATED PARTY DISCLOSURES

Included within "Amounts owed by related undertakings" is an amount of £439,994 (2024 - £439,994) due from a shareholder of the company. The loan is interest free and has no fixed terms of repayment.