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2025-06-30 SC664449 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 SC664449 dpl:GroupUndertakings 2024-07-01 2025-06-30 SC664449 dpl:ParticipatingInterests 2024-07-01 2025-06-30 SC664449 dpl:GroupUndertakings core:ListedExchangeTraded 2024-07-01 2025-06-30 SC664449 core:ListedExchangeTraded 2024-07-01 2025-06-30 SC664449 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-07-01 2025-06-30 SC664449 core:UnlistedNon-exchangeTraded 2024-07-01 2025-06-30 SC664449 dpl:CostSales 2023-07-01 2024-06-30 SC664449 dpl:DistributionCosts 2023-07-01 2024-06-30 SC664449 core:LandBuildings 2023-07-01 2024-06-30 SC664449 core:PlantMachinery 2023-07-01 2024-06-30 SC664449 core:Vehicles 2023-07-01 2024-06-30 SC664449 core:FurnitureFittings 2023-07-01 2024-06-30 SC664449 core:OfficeEquipment 2023-07-01 2024-06-30 SC664449 dpl:AdministrativeExpenses 2023-07-01 2024-06-30 SC664449 core:NetGoodwill 2023-07-01 2024-06-30 SC664449 core:IntangibleAssetsOtherThanGoodwill 2023-07-01 2024-06-30 SC664449 dpl:GroupUndertakings 2023-07-01 2024-06-30 SC664449 dpl:ParticipatingInterests 2023-07-01 2024-06-30 SC664449 dpl:GroupUndertakings core:ListedExchangeTraded 2023-07-01 2024-06-30 SC664449 core:ListedExchangeTraded 2023-07-01 2024-06-30 SC664449 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-07-01 2024-06-30 SC664449 core:UnlistedNon-exchangeTraded 2023-07-01 2024-06-30 SC664449 core:NetGoodwill 2025-06-30 SC664449 core:IntangibleAssetsOtherThanGoodwill 2025-06-30 SC664449 core:LandBuildings 2025-06-30 SC664449 core:PlantMachinery 2025-06-30 SC664449 core:Vehicles 2025-06-30 SC664449 core:FurnitureFittings 2025-06-30 SC664449 core:OfficeEquipment 2025-06-30 SC664449 core:AfterOneYear 2025-06-30 SC664449 core:WithinOneYear 2025-06-30 SC664449 core:ListedExchangeTraded 2025-06-30 SC664449 core:UnlistedNon-exchangeTraded 2025-06-30 SC664449 core:ShareCapital 2025-06-30 SC664449 core:SharePremium 2025-06-30 SC664449 core:RevaluationReserve 2025-06-30 SC664449 core:OtherReservesSubtotal 2025-06-30 SC664449 core:RetainedEarningsAccumulatedLosses 2025-06-30 SC664449 core:NetGoodwill 2024-06-30 SC664449 core:IntangibleAssetsOtherThanGoodwill 2024-06-30 SC664449 core:LandBuildings 2024-06-30 SC664449 core:PlantMachinery 2024-06-30 SC664449 core:Vehicles 2024-06-30 SC664449 core:FurnitureFittings 2024-06-30 SC664449 core:OfficeEquipment 2024-06-30 SC664449 core:AfterOneYear 2024-06-30 SC664449 core:WithinOneYear 2024-06-30 SC664449 core:ListedExchangeTraded 2024-06-30 SC664449 core:UnlistedNon-exchangeTraded 2024-06-30 SC664449 core:ShareCapital 2024-06-30 SC664449 core:SharePremium 2024-06-30 SC664449 core:RevaluationReserve 2024-06-30 SC664449 core:OtherReservesSubtotal 2024-06-30 SC664449 core:RetainedEarningsAccumulatedLosses 2024-06-30 SC664449 core:NetGoodwill 2023-06-30 SC664449 core:IntangibleAssetsOtherThanGoodwill 2023-06-30 SC664449 core:LandBuildings 2023-06-30 SC664449 core:PlantMachinery 2023-06-30 SC664449 core:Vehicles 2023-06-30 SC664449 core:FurnitureFittings 2023-06-30 SC664449 core:OfficeEquipment 2023-06-30 SC664449 core:AfterOneYear 2023-06-30 SC664449 core:WithinOneYear 2023-06-30 SC664449 core:ListedExchangeTraded 2023-06-30 SC664449 core:UnlistedNon-exchangeTraded 2023-06-30 SC664449 core:ShareCapital 2023-06-30 SC664449 core:SharePremium 2023-06-30 SC664449 core:RevaluationReserve 2023-06-30 SC664449 core:OtherReservesSubtotal 2023-06-30 SC664449 core:RetainedEarningsAccumulatedLosses 2023-06-30 SC664449 core:AfterOneYear 2024-07-01 2025-06-30 SC664449 core:WithinOneYear 2024-07-01 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:CostValuation 2024-07-01 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-07-01 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-07-01 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-07-01 2025-06-30 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2025-06-30 SC664449 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-06-30 SC664449 core:Non-currentFinancialInstruments core:CostValuation 2024-06-30 SC664449 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-06-30 SC664449 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-06-30 SC664449 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-06-30 SC664449 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FORSYTH LETTINGS LTD

Registered Number
SC664449
(Scotland)

Unaudited Financial Statements for the Year ended
30 June 2025

FORSYTH LETTINGS LTD
Company Information
for the year from 1 July 2024 to 30 June 2025

Directors | FORSYTH, Ashley Elizabeth Alexandrina
| FORSYTH, Roy

Registered Address | 15 Station Wynd
| Doune
| FK16 6DT

Registered Number | SC664449 (Scotland)

FORSYTH LETTINGS LTD
Balance Sheet as at
30 June 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Investments | 4 |  |  | 50 |  |  |  | 50
Investment property | 3 |  |  | 741,410 |  |  |  | 543,499
|  |  |  | 741,460 |  |  |  | 543,549
Current assets |  |  |  |  |  |  |  |
Debtors | 5 | 3,350 |  |  |  | 2,450 |  |
Cash at bank and on hand |  | 105,998 |  |  |  | 44,750 |  |
|  | 109,348 |  |  |  | 47,200 |  |
Creditors amounts falling due within one year | 6 | (228,764) |  |  |  | (161,288) |  |
Net current assets (liabilities) |  |  |  | (119,416) |  |  |  | (114,088)
Total assets less current liabilities |  |  |  | 622,044 |  |  |  | 429,461
Creditors amounts falling due after one year | 7 |  |  | (439,912) |  |  |  | (312,000)
Net assets |  |  |  | 182,132 |  |  |  | 117,461
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 2 |  |  |  | 2
Revaluation reserve |  |  |  | 23,194 |  |  |  | 23,194
Profit and loss account |  |  |  | 158,936 |  |  |  | 94,265
Shareholders' funds |  |  |  | 182,132 |  |  |  | 117,461

- The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their 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 provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 19 September 2025, and are signed on its behalf by:
FORSYTH, Roy Director Registered Company No. SC664449

FORSYTH LETTINGS LTD
Notes to the Financial Statements
for the year ended 30 June 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Basis of preparation
--- | ---
| The accounts 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).

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling and this is the functional currency of the company.

| Judgements and key sources of estimation uncertainty
--- | ---
| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

| Turnover policy
--- | ---
| 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.

| Revenue from rendering of services
--- | ---
| Revenue from the rendering of services is recognised by reference to the stage of completion at the balance sheet date.

| Investments
--- | ---
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments 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.

| Investment property
--- | ---
| The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

| Trade and other 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.

| Cash and cash equivalents
--- | ---
| Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

| Trade and other 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.

| Financial instruments
--- | ---
| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

| Related parties
--- | ---
| For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 0 |  | 0

3. | Investment property
--- | ---

|  | £
| Fair value at 01 July 24 | 543,499
| Additions | 197,911
| At 30 June 25 | 741,410

4. | Fixed asset investments
--- | ---

|  | Other investments1 |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 July 24 | 50 |  | 50
| At 30 June 25 | 50 |  | 50
| Net book value
| At 30 June 25 | 50 |  | 50
| At 30 June 24 | 50 |  | 50

| Notes
--- | ---
| 1Other investments other than loans

5. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | 3,350 |  | 2,450
| Total | 3,350 |  | 2,450

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 13,999 |  | 13,999
| Amounts owed to related parties | 211,986 |  | 140,730
| Taxation and social security | 1,181 |  | 5,309
| Other creditors | 50 |  | 50
| Accrued liabilities and deferred income | 1,548 |  | 1,200
| Total | 228,764 |  | 161,288

7. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 439,912 |  | 312,000
| Total | 439,912 |  | 312,000

8. | Secured creditors
--- | ---
| Bank loans are secured by a fixed charge over the company properties.

9. | Related party transactions
--- | ---
| During the period, the company received an interest free loan from a director amounting to £211,986 (2024: £140,730).