For the financial year ended 5 April 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The 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 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.

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

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

Northmavine Development Company is a private company limited by guarantee incorporated in Scotland. The registered office is NCDC Office, Hillswick Junction, Ollaberry, Shetland, Scotland, ZE2 9RU.

The financial statements comply with FRS 102.

The company has elected to take advantage of the exemption afforded to dormant companies by FRS 102 section 35.10(m), whereby it retains its accounting policies for reported assets, liabilities and equity at its date of transition to FRS 102 (6 April 2015) until there is any change to those balances or the company undertakes new transactions.

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £2.