IRIS Accounts Production v25.1.4.42 SC215894 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC215894 2024-03-31 SC215894 2025-03-31 SC215894 2024-04-01 2025-03-31 SC215894 2023-03-31 SC215894 2023-04-01 2024-03-31 SC215894 2024-03-31 SC215894 ns15:Scotland 2024-04-01 2025-03-31 SC215894 ns14:PoundSterling 2024-04-01 2025-03-31 SC215894 ns10:Director1 2024-04-01 2025-03-31 SC215894 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC215894 ns10:SmallEntities 2024-04-01 2025-03-31 SC215894 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC215894 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 SC215894 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC215894 ns10:FullAccounts 2024-04-01 2025-03-31 SC215894 ns10:Director2 2024-04-01 2025-03-31 SC215894 ns10:Director3 2024-04-01 2025-03-31 SC215894 ns10:CompanySecretary1 2024-04-01 2025-03-31 SC215894 ns10:RegisteredOffice 2024-04-01 2025-03-31 SC215894 ns5:CurrentFinancialInstruments 2025-03-31 SC215894 ns5:CurrentFinancialInstruments 2024-03-31 SC215894 ns5:ShareCapital 2025-03-31 SC215894 ns5:ShareCapital 2024-03-31 SC215894 ns5:RevaluationReserve 2025-03-31 SC215894 ns5:RevaluationReserve 2024-03-31 SC215894 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 SC215894 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 SC215894 ns5:LandBuildings 2024-03-31 SC215894 ns5:PlantMachinery 2024-03-31 SC215894 ns5:LandBuildings 2024-04-01 2025-03-31 SC215894 ns5:PlantMachinery 2024-04-01 2025-03-31 SC215894 ns5:LandBuildings 2025-03-31 SC215894 ns5:PlantMachinery 2025-03-31 SC215894 ns5:LandBuildings 2024-03-31 SC215894 ns5:PlantMachinery 2024-03-31 SC215894 ns5:CostValuation 2024-03-31 SC215894 ns5:AdditionsToInvestments 2025-03-31 SC215894 ns5:DisposalsRepaymentsInvestments 2025-03-31 SC215894 ns5:RevaluationsIncreaseDecreaseInInvestments 2025-03-31 SC215894 ns5:CostValuation 2025-03-31 SC215894 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 SC215894 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: SC215894 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

JOHN REBUS LIMITED

JOHN REBUS LIMITED (REGISTERED NUMBER: SC215894)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

JOHN REBUS LIMITED

COMPANY INFORMATION

for the year ended 31 March 2025

| DIRECTORS: | I J Rankin

| A M Harvey

| J M Harvey-Rankin

| SECRETARY: | A M Harvey

| REGISTERED OFFICE: | 24A Ainslie Place

| Edinburgh

| Lothian

| EH3 6AJ

| REGISTERED NUMBER: | SC215894 (Scotland)

| ACCOUNTANTS: | Mitchell Edwards

| Chartered Certified Accountants

| 24A Ainslie Place

| Edinburgh

| EH3 6AJ

JOHN REBUS LIMITED (REGISTERED NUMBER: SC215894)

BALANCE SHEET

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 660,157 |  | 662,702 |  |

Investments | 5 | 1,002,270 |  | 991,418 |  |

Investment property | 6 | 1,472,987 |  | 1,464,635 |  |

3,135,414 |  | 3,118,755 |  |

CURRENT ASSETS

Debtors | 7 | 93,277 |  | 158,067 |  |

Cash at bank | 2,557,383 |  | 2,199,997 |  |

2,650,660 |  | 2,358,064 |  |

CREDITORS

Amounts falling due within one year | 8 | 339,622 |  | 373,349 |  |

NET CURRENT ASSETS | 2,311,038 |  | 1,984,715 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,446,452 |  | 5,103,470 |  |

PROVISIONS FOR LIABILITIES | 52,735 |  | 52,612 |  |

NET ASSETS | 5,393,717 |  | 5,050,858 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Revaluation reserve | 175,819 |  | 177,125 |  |

Retained earnings | 5,217,698 |  | 4,873,533 |  |

SHAREHOLDERS' FUNDS | 5,393,717 |  | 5,050,858 |  |

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 19 November 2025 and were signed on its behalf by:

I J Rankin - Director

JOHN REBUS LIMITED (REGISTERED NUMBER: SC215894)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 March 2025

1. | STATUTORY INFORMATION

| John Rebus 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided on tangible assets other than property at 25% on cost. Where the residual value of a property is considered to be less than its historic cost the property is depreciated on a straight line basis over its estimated useful life.

| Investment property

| Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

| 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.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company makes employer pension contributions to individual directors' own pension schemes. Contributions are charged to the profit and loss account in the period paid.

| Listed investments

| Fixed asset investments are initially recognised at their transaction value and subsequently measured at their fair value at the balance sheet date using the closing quoted market price. The Income Statement includes the net gains and losses arising on revaluations and disposals throughout the year.

JOHN REBUS LIMITED (REGISTERED NUMBER: SC215894)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Heritable |  | machinery |

| Property |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 660,100 |  | 9,243 |  | 669,343 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 6,641 |  | 6,641 |  |

| Charge for year | - |  | 2,545 |  | 2,545 |  |

| At 31 March 2025 | - |  | 9,186 |  | 9,186 |  |

| NET BOOK VALUE

| At 31 March 2025 | 660,100 |  | 57 |  | 660,157 |  |

| At 31 March 2024 | 660,100 |  | 2,602 |  | 662,702 |  |

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST OR VALUATION

| At 1 April 2024 | 991,418 |  |

| Additions | 62,291 |  |

| Disposals | (49,905 | ) |

| Revaluations | (1,534 | ) |

| At 31 March 2025 | 1,002,270 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,002,270 |  |

| At 31 March 2024 | 991,418 |  |

| Investments are valued at fair value using the closing quoted market price. An decrease in value of £1,534 (2024: increase of £62,886) is included in the Income Statement. The historic cost of the investments is £868,714.

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 1,464,635 |  |

| Additions | 8,352 |  |

| At 31 March 2025 | 1,472,987 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,472,987 |  |

| At 31 March 2024 | 1,464,635 |  |

JOHN REBUS LIMITED (REGISTERED NUMBER: SC215894)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2025

6. | INVESTMENT PROPERTY - continued

| Investment properties were valued by the directors at fair value during the year based on a review of similar transactions in the same locations as the investment properties. The historic cost of the properties is £1,377,987.

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 93,177 |  | 156,760 |  |

| Other debtors | 100 |  | 1,307 |  |

93,277 |  | 158,067 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 1,423 |  | - |  |

| Taxation and social security | 150,117 |  | 66,466 |  |

| Other creditors | 188,082 |  | 306,883 |  |

339,622 |  | 373,349 |  |

9. | RELATED PARTY DISCLOSURES

| During the year charitable donations of £400,000 (2024: £300,000) were paid to a charitable trust whose trustees include directors of the company.