| S & J D Robertson Group Limited |
| Registered number: |
SC070455 |
| Balance Sheet |
| as at 31 January 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
4,667 |
|
|
5,250 |
| Tangible assets |
4 |
|
|
221,185 |
|
|
270,707 |
| Investments |
5 |
|
|
5,466,140 |
|
|
5,214,239 |
|
|
|
|
5,691,992 |
|
|
5,490,196 |
|
| Current assets |
| Stocks |
|
|
21,309 |
|
|
21,071 |
| Debtors |
6 |
|
144,179 |
|
|
65,598 |
| Cash at bank and in hand |
|
|
1,467,437 |
|
|
1,017,311 |
|
|
|
1,632,925 |
|
|
1,103,980 |
|
| Creditors: amounts falling due within one year |
7 |
|
(604,208) |
|
|
(600,183) |
|
| Net current assets |
|
|
|
1,028,717 |
|
|
503,797 |
|
| Total assets less current liabilities |
|
|
|
6,720,709 |
|
|
5,993,993 |
|
|
|
| Deferred grants |
8 |
|
|
(407) |
|
|
(814) |
|
| Net assets |
|
|
|
6,720,302 |
|
|
5,993,179 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4,614 |
|
|
4,614 |
| Capital redemption reserve |
|
|
|
5,810 |
|
|
5,810 |
| Fair value reserve |
|
|
|
499,742 |
|
|
459,742 |
| Profit and loss reserves |
|
|
|
6,210,136 |
|
|
5,523,013 |
|
| Shareholders' funds |
|
|
|
6,720,302 |
|
|
5,993,179 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| F M Bain |
| Director |
| Approved by the board on 21 October 2025 |
|
| S & J D Robertson Group Limited |
| Notes to the Accounts |
| for the year ended 31 January 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006. The presentation currency is £ sterling. |
|
|
Preparation of consolidated financial statements |
|
The financial statements contain information about S & J D Robertson Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. Group accounts do not need to be prepared as the company and its subsidiary undertakings comprise a small-sized group. |
|
|
Revenue recognition |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Rental income is recognised on a straight-line basis over the term of the relevant lease. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Amortisation is recognised so as to write off the cost less any residual value over the expected live of the asset. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
2% straight line |
|
Plant and machinery |
5% to 50% straight line |
|
|
The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset. The gain or loss is credited or charged to profit and loss. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments (including investment properties) are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. The valuation of investment properties is made by the directors on an open market value basis by reference to market evidence of transaction prices for similar properties. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and those overheads that have been incurred in bringing the stock to its present location and condition. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Government grants |
|
Government grants are recognised at the fair value of the asset received or receivable when there is a reasonable assurance that the grant conditions will be met and the grants will be received. Government grants relating to turnover are recognised as income over the periods when the related costs are incurred. Grants relating to an asset are recognised in income systematically over the asset's useful life. If part of such a grant is deferred it is recognised as deferred income rather than being deducted from the asset's carrying amount. |
|
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 February 2024 |
11,663 |
|
At 31 January 2025 |
11,663 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 February 2024 |
6,413 |
|
Provided during the year |
583 |
|
At 31 January 2025 |
6,996 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2025 |
4,667 |
|
At 31 January 2024 |
5,250 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 February 2024 |
206,714 |
|
780,451 |
|
987,165 |
|
Additions |
- |
|
755 |
|
755 |
|
Disposals |
- |
|
(854) |
|
(854) |
|
At 31 January 2025 |
206,714 |
|
780,352 |
|
987,066 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2024 |
146,372 |
|
570,086 |
|
716,458 |
|
Charge for the year |
1,906 |
|
48,371 |
|
50,277 |
|
On disposals |
- |
|
(854) |
|
(854) |
|
At 31 January 2025 |
148,278 |
|
617,603 |
|
765,881 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2025 |
58,436 |
|
162,749 |
|
221,185 |
|
At 31 January 2024 |
60,342 |
|
210,365 |
|
270,707 |
|
|
|
| 5 |
Investments held as fixed assets |
|
| Investments in |
| subsidiaries |
Investment |
Other |
| & associates |
properties |
investments |
Total |
| £ |
£ |
£ |
£ |
|
At Cost or Valuation |
|
At 1 February 2024 |
2,984,019 |
|
2,129,773 |
|
100,447 |
|
5,214,239 |
|
Additions |
- |
|
6,200 |
|
- |
|
6,200 |
|
Fair value adjustments |
- |
|
64,000 |
|
181,701 |
|
245,701 |
|
|
At 31 January 2025 |
2,984,019 |
|
2,199,973 |
|
282,148 |
|
5,466,140 |
|
|
The company holds 20% or more of the share capital of the following companies: |
|
|
|
Class of |
Proportion |
Country of |
|
Company name |
shares held |
held (%) |
|
incorporation |
|
|
S & J D Robertson Property Ltd |
Ordinary |
100 |
|
Scotland |
|
Foveran Hotel Limited |
Ordinary |
100 |
|
Scotland |
|
Orkney Media Group Limited |
Ordinary |
50 |
|
Scotland |
|
Stanley Services Limited |
Ordinary |
30 |
|
Falkland Islands |
|
|
Other investments includes listed investments measured at fair value. |
|
|
| 6 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
42,283 |
|
26,720 |
|
Other debtors |
101,896 |
|
38,878 |
|
|
|
|
|
|
144,179 |
|
65,598 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
2,000 |
|
2,000 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
17,049 |
|
15,970 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
523,516 |
|
523,516 |
|
Taxation and social security costs |
25,893 |
|
22,964 |
|
Other creditors |
37,750 |
|
37,733 |
|
|
|
|
|
|
604,208 |
|
600,183 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Deferred grants |
|
|
The company received a government grant for capital equipment. The grant is deferred and amortised on a straight line basis over the same term as the related assets. |
|
|
| 9 |
Other information |
|
|
S & J D Robertson Group Limited is a private company limited by shares and incorporated in Scotland. The registered office is Dunkirk, Shore Street, Kirkwall, Orkney, KW15 1LG. |