Company registration number SC324800 (Scotland)
CHRISTIE.P LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
CHRISTIE.P LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
CHRISTIE.P LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED FINANCIAL STATEMENTS OF CHRISTIE.P LIMITED
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Christie.P Limited for the year ended 31 March 2025 set out on pages 2 to 6 from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the I nstitute of Chartered Accountants of Scotland we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Christie.P Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Christie.P Limited and state those matters that we have agreed to state to the Board of Directors of Christie.P Limited, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Christie.P Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Christie.P Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Christie.P Limited. You consider that Christie.P Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Christie.P Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

MMG Chartered Accountants
Chapelshade House
78-84 Bell Street
Dundee
DD1 1RQ
Scotland
18 November 2025
CHRISTIE.P LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
as restated
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
3
204,520
204,520
Investments
4
1,680,000
1,680,000
1,884,520
1,884,520
Current assets
Debtors
5
4,907,337
4,789,805
Cash at bank and in hand
942,630
612,123
5,849,967
5,401,928
Creditors: amounts falling due within one year
6
(530,810)
(580,129)
Net current assets
5,319,157
4,821,799
Net assets
7,203,677
6,706,319
Capital and reserves
Called up share capital
7
105
105
Profit and loss reserves
8
7,203,572
6,706,214
Total equity
7,203,677
6,706,319

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

The financial statements were approved and signed by the director and authorised for issue on 18 November 2025
Mr K J Parke
Director
Company registration number SC324800 (Scotland)
CHRISTIE.P LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Christie.P Limited is a private company limited by shares incorporated in Scotland. The registered office is Douglasmuir, Friockheim, DD11 4UN.

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
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Not Applicable

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Taxation

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

CHRISTIE.P LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
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.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

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

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Freehold land and buildings
£
Cost
At 1 April 2024 and 31 March 2025
204,520
Depreciation and impairment
At 1 April 2024 and 31 March 2025
-
0
Carrying amount
At 31 March 2025
204,520
At 31 March 2024
204,520
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
1,680,000
1,680,000
CHRISTIE.P LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
3,485,819
3,377,399
Other debtors
1,421,518
1,412,406
4,907,337
4,789,805
6
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
6,648
9,378
Other creditors
524,162
570,751
530,810
580,129
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary "A" shares of £1 each
85
85
85
85
Redeemable shares of £1 each
5
5
5
5
Ordinary "C" shares of £1 each
5
5
5
5
Ordinary "D" shares of £1 each
5
5
5
5
Ordinary "E" shares of £1 each
5
5
5
5
105
105
105
105
8
Profit and loss reserves
2025
2024
as restated
£
£
At the beginning of the year
5,236,214
5,290,178
Prior year adjustment
1,470,000
-
0
As restated
6,706,214
5,290,178
Adjusted balance
6,706,214
5,290,178
Profit for the year
547,358
476,036
Dividends declared and paid in the year
(50,000)
(60,000)
Transfer to reserves
-
0
1,000,000
At the end of the year
7,203,572
6,706,214
CHRISTIE.P LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
9
Prior period adjustment

The prior year adjustment relates to previous buy back transactions of company shares which were deemed to not meet the criteria required. The share capital has been reinstated to 85 ordinary A class shares, 5 redeemable shares, 5 ordinary C class shares, 5 ordinary D class shares and 5 ordinary E class shares.

Reconciliation of changes in profit for the previous financial period
2024
£
Total adjustments
-
Profit as previously reported
476,036
Profit as adjusted
476,036
10
ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr K J Parke, the sole director.

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