IRIS Accounts Production v25.4.0.155 SC399799 director 11.3.24 10.3.25 10.3.25 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC399799 2024-03-10 SC399799 2025-03-10 SC399799 2024-03-11 2025-03-10 SC399799 2023-03-10 SC399799 2023-03-11 2024-03-10 SC399799 2024-03-10 SC399799 ns15:Scotland 2024-03-11 2025-03-10 SC399799 ns14:PoundSterling 2024-03-11 2025-03-10 SC399799 ns10:Director1 2024-03-11 2025-03-10 SC399799 ns10:PrivateLimitedCompanyLtd 2024-03-11 2025-03-10 SC399799 ns10:SmallEntities 2024-03-11 2025-03-10 SC399799 ns10:AuditExempt-NoAccountantsReport 2024-03-11 2025-03-10 SC399799 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-11 2025-03-10 SC399799 ns10:SmallCompaniesRegimeForAccounts 2024-03-11 2025-03-10 SC399799 ns10:FullAccounts 2024-03-11 2025-03-10 SC399799 ns10:EntityNoLongerTradingButTradedInPast 2024-03-11 2025-03-10 SC399799 ns10:RegisteredOffice 2024-03-11 2025-03-10 SC399799 ns5:Non-currentFinancialInstruments 2025-03-10 SC399799 ns5:Non-currentFinancialInstruments 2024-03-10 SC399799 ns5:ShareCapital 2025-03-10 SC399799 ns5:ShareCapital 2024-03-10 SC399799 ns5:RetainedEarningsAccumulatedLosses 2025-03-10 SC399799 ns5:RetainedEarningsAccumulatedLosses 2024-03-10 SC399799 ns5:PlantMachinery 2024-03-10 SC399799 ns5:PlantMachinery 2025-03-10 SC399799 ns5:PlantMachinery 2024-03-10

REGISTERED NUMBER: SC399799 (Scotland)

Unaudited Financial Statements for the Year Ended 10 March 2025

for

Vellow Wood Operations Limited

| Vellow Wood Operations Limited (Registered number: SC399799) |

Contents of the Financial Statements

for the Year Ended 10 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Vellow Wood Operations Limited |

Company Information

for the Year Ended 10 March 2025

| DIRECTOR: | P Benton

| REGISTERED OFFICE: | Willow Brae

| Lanton Road

| Jedbrugh

| TD8 6RZ

| REGISTERED NUMBER: | SC399799 (Scotland)

| ACCOUNTANT: | Gall Robertson CA

| Tweedside Park

| Tweedbank

| Galashiels

| Selkirkshire

| TD1 3TE

| Vellow Wood Operations Limited (Registered number: SC399799) |

Balance Sheet

10 March 2025

| 10.3.25 | 10.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 93 |  | 93 |  |

CURRENT ASSETS

Cash at bank | 35 |  | 35 |  |

NET CURRENT ASSETS | 35 |  | 35 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 128 |  | 128 |  |

CREDITORS

Amounts falling due after more than one year | 5 | 5,902 |  | 5,902 |  |

NET LIABILITIES | (5,774 | ) | (5,774 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (5,775 | ) | (5,775 | ) |

(5,774 | ) | (5,774 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 10 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 10 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 December 2025 and were signed by:

P Benton - Director

| Vellow Wood Operations Limited (Registered number: SC399799) |

Notes to the Financial Statements

for the Year Ended 10 March 2025

1. | STATUTORY INFORMATION

| Vellow Wood Operations 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.

| Going Concern

| The directors have assessed a period of 12 months from the date of approval of the financial statements and consider that no material uncertainties exist that cast significant doubt about the ability of the company to continue as a going concern. Thus the directors adopt the going concern basis of accounting in preparing the financial statements.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

| An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

| Impairment

| A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

| When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

| Vellow Wood Operations Limited (Registered number: SC399799) |

Notes to the Financial Statements - continued

for the Year Ended 10 March 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

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

| Basic financial assets, which include debtors, 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.

| Basic financial liabilities including trade creditors and loans 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| 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.

| Provisions

| Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

| Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

3. | EMPLOYEES AND DIRECTORS

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

| Vellow Wood Operations Limited (Registered number: SC399799) |

Notes to the Financial Statements - continued

for the Year Ended 10 March 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 11 March 2024

| and 10 March 2025 | 187 |  |

| DEPRECIATION

| At 11 March 2024

| and 10 March 2025 | 94 |  |

| NET BOOK VALUE

| At 10 March 2025 | 93 |  |

| At 10 March 2024 | 93 |  |

5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 10.3.25 |  | 10.3.24

£ | £ |

| Other creditors | 5,902 |  | 5,902 |  |