Company registration number SC368963 (Scotland)
RARE INDEED INVESTMENTS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
RARE INDEED INVESTMENTS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2
Notes to the financial statements
3 - 6
RARE INDEED INVESTMENTS LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr G Sarvadi
Company number
SC368963
Registered office
Cowden Hill Drive
Dirleton
East Lothian
Scotland
EH39 5HS
Auditor
Consilium Audit Limited
169 West George Street
Glasgow
Scotland
G2 2LB
RARE INDEED INVESTMENTS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
1,994,745
2,395,802
Current assets
Debtors
4
8,884
19,925
Cash at bank and in hand
21,328
13,020
30,212
32,945
Creditors: amounts falling due within one year
5
(16,710)
(21,735)
Net current assets
13,502
11,210
Total assets less current liabilities
2,008,247
2,407,012
Creditors: amounts falling due after more than one year
6
(1,994,745)
(2,395,802)
Net assets
13,502
11,210
Capital and reserves
Called up share capital
7
300
300
Profit and loss reserves
13,202
10,910
Total equity
13,502
11,210

The notes on pages 3 to 6 form part of these financial statements.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 9 November 2025
Mr G Sarvadi
Director
Company Registration No. SC368963
RARE INDEED INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Rare Indeed Investments Limited is a private company limited by shares incorporated in Scotland. The registered office is Cowden Hill Drive, Dirleton, East Lothian, Scotland, EH39 5HS. The company's registration number is SC368963.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Reporting period

The company prepares these financial statements for the 12 month period to 31 March 2025. The comparative figures are 5 months to 31 March 2024.

1.4
Turnover

The turnover shown in the profit and loss account represents interest receivable on investment bonds.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

RARE INDEED INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in the profit and loss account.

1.9

Unlisted investments

Unlisted investments represents bonds in a sports club and are stated at cost less any provision for impairment.

RARE INDEED INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Total
0
0
3
Fixed asset investments
2025
2024
£
£
Other investments other than loans
1,994,745
2,395,802
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 April 2024
2,395,802
Disposals
(401,057)
At 31 March 2025
1,994,745
Carrying amount
At 31 March 2025
1,994,745
At 31 March 2024
2,395,802
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
8,884
19,925
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
16,710
21,735
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
1,994,745
2,395,802
RARE INDEED INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
6
Creditors: amounts falling due after more than one year
(Continued)
- 6 -

Creditors includes unsecured debenture loans, which are repayable over various dates and incur interest at 1.5% per annum and unsecured development loans, which are repayable over various dates and incur interest at 0.75% and 1.5% per annum.

7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
300 Ordinary shares of £1
300
300
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Brian Thomson BA(Hons) CA
Statutory Auditor:
Consilium Audit Limited
9
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

2025
2024
£
£
Value of bonds redeemed in related undertaking
401,057
153,236
Interest received from related undertaking
20,602
9,502
Amount owed from related undertaking
8,584
19,625
Management fee income
20,000
20,000
Other information

No further transactions with related parties were undertaken such as are required to be disclosed under the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

10
Ultimate controlling party

The ultimate controlling party throughout the current period and prior year was Invest Archerfield LLP, an entity registered in the USA.

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