Company No: SC053367 (Scotland)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	A D Savile
	The Hon J H H J Savile
	The Earl Of Mexborough

REGISTERED OFFICE	4th Floor
	115 George Street
	Edinburgh
	EH2 4JN
	United Kingdom

COMPANY NUMBER

SC053367 (Scotland)

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,828,695		1,817,037
Investments	4	3,676		3,676
		1,832,371		1,820,713
Current assets
Debtors	5	86,059		62,309
Cash at bank and in hand		136,304		186,606
		222,363		248,915
Creditors: amounts falling due within one year	6	( 34,670)		( 31,583)
Net current assets		187,693		217,332
Total assets less current liabilities		2,020,064		2,038,045
Net assets		2,020,064		2,038,045
Capital and reserves
Called-up share capital		1,160,000		1,160,000
Profit and loss account		860,064		878,045
Total shareholder's funds		2,020,064		2,038,045

For the financial year ending 05 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Methley Estates (Holdings) Limited (registered number: SC053367) were approved and authorised for issue by the Board of Directors on 10 November 2025. They were signed on its behalf by:

The Hon J H H J Savile Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Methley Estates (Holdings) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 4th Floor, 115 George Street, Edinburgh, EH2 4JN, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis as the directors believe that the company has adequate resources to continue in operational existence for the foreseeable future.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and is shown net of value added tax.

Income from the sale of Christmas trees is recognised in the period in which the goods are delivered.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives.

Land and buildings	0 - 10 years straight line
Plant and machinery etc.	5 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Fixed asset investments

Investments in subsidiary undertakings are recorded at cost less provision for any impairments. Other investments are measured at fair value when it can be reliably estimated, otherwise they are measured at cost less impairment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Other operating income

Other operating income comprises subsidies, rental income and other sundry income, net of VAT. Rental income is recognised on an accruals basis. Income from subsidies is recognised once all conditions for eligibility have been met.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year.	1		1

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 06 April 2024	2,014,680		33,867		2,048,547
Additions	5,188		11,250		16,438
At 05 April 2025	2,019,868		45,117		2,064,985
Accumulated depreciation
At 06 April 2024	209,965		21,545		231,510
Charge for the financial year	2,584		2,196		4,780
At 05 April 2025	212,549		23,741		236,290
Net book value
At 05 April 2025	1,807,319		21,376		1,828,695
At 05 April 2024	1,804,715		12,322		1,817,037

4. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	1,000		1,000
Other investments and loans	2,676		2,676
	3,676		3,676

Investments in subsidiaries

	2025
	£
Cost
At 06 April 2024	1,000
At 05 April 2025	1,000
Carrying value at 05 April 2025	1,000
Carrying value at 05 April 2024	1,000

	Other investments		Total
	£		£
Cost or valuation before impairment
At 06 April 2024	2,676		2,676
At 05 April 2025	2,676		2,676
Carrying value at 05 April 2025	2,676		2,676
Carrying value at 05 April 2024	2,676		2,676

5. Debtors

	2025		2024
	£		£
Trade debtors	48,089		28,500
Deferred tax asset	28,383		19,958
Other debtors	9,587		13,851
	86,059		62,309

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	7,196		17,052
Other creditors	27,474		14,531
	34,670		31,583

7. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	19,958		10,594
Credited to the Profit and Loss Account	8,425		9,364
At the end of financial year	28,383		19,958

8. Financial commitments

Commitments

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating leases	11,883		20,271