REGISTERED NUMBER: SC039323 (Scotland)

Border Ice Rink Limited

Unaudited Financial Statements

for the Year Ended 31st July 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

5

Directors:

R D Walker

Mrs L T Tile

A J Hodge

R J Mclean

Secretary:

B D Lees

Registered office:

10 The Square

Kelso

Roxburghshire

TD5 7HJ

Business address:

Abbotseat Road

Kelso

Roxburghshire

TD5 7SL

Registered number:

SC039323 (Scotland)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

426,063

447,177

Current assets

Debtors

5

47,539

930

Cash at bank

26,528

117,341

74,067

118,271

Creditors

Amounts falling due within one year

6

9,912

160,491

Net current assets/(liabilities)

64,155

(42,220

)

Total assets less current liabilities

490,218

404,957

Provisions for liabilities

(2,792

)

(2,905

)

Accruals and deferred income

(110,700

)

-

Net assets

376,726

402,052

Capital and reserves

Called up share capital

51,500

51,500

Capital redemption reserve

14,764

14,764

Retained earnings

310,462

335,788

Shareholders' funds

376,726

402,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th December 2025 and were signed on its behalf by:

Mrs L T Tile - Director

1.	Statutory information

Border Ice Rink 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.

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.

Turnover

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

Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned.

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.

Land, buildings and improvements

-

10% on cost, 4% on cost and 1% on cost

Plant and machinery

-

10% on cost and 5% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, related party current account and accruals.

Trade debtors, trade creditors, related party current account and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

The directors have considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and have an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements

3.	Employees and directors

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

4.	Tangible fixed assets

Land,

buildings

and

Plant and

improvements

machinery

Totals

£

£

£

Cost

At 1st August 2024

556,897

336,650

893,547

Additions

-

6,837

6,837

At 31st July 2025

556,897

343,487

900,384

Depreciation

At 1st August 2024

335,009

111,361

446,370

Charge for year

8,785

19,166

27,951

At 31st July 2025

343,794

130,527

474,321

Net book value

At 31st July 2025

213,103

212,960

426,063

At 31st July 2024

221,888

225,289

447,177

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

14,510

930

Other debtors

33,029

-

47,539

930

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

4,751

86,678

Taxation and social security

1,761

662

Other creditors

3,400

73,151

9,912

160,491