REGISTERED NUMBER: SC488801 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Abbey Ecosse Limited

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

8

Director:

D C Sutton

Registered office:

1 Oak Court, Willow Road

The Lakes Business Park

Fenstanton

Huntingdon

Cambridgeshire

PE28 9RE

Registered number:

SC488801 (England and Wales)

Accountants:

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Abbey Ecosse Limited for the year ended 31 December 2024 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Abbey Ecosse Limited in accordance with the terms of our engagement letter dated 3 March 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Abbey Ecosse Limited and state those matters that we have agreed to state to the director of Abbey Ecosse Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbey Ecosse Limited and its director for our work or for this report.

It is your duty to ensure that Abbey Ecosse 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 loss of Abbey Ecosse Limited. You consider that Abbey Ecosse 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 Abbey Ecosse 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 financial statements.

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

17 December 2025

Fixed assets

Intangible assets

5

-

26,020

Tangible assets

6

111,471

1,247,222

Investments

7

-

100

Investment property

8

-

277,000

111,471

1,550,342

Current assets

Debtors

9

64,854

183,742

Cash at bank

33,859

61,921

98,713

245,663

Creditors

Amounts falling due within one year

10

3,491,455

3,821,471

Net current liabilities

(3,392,742

)

(3,575,808

)

Total assets less current liabilities

(3,281,271

)

(2,025,466

)

Provisions for liabilities

-

(6,979

)

Accruals and deferred income

(21,947

)

-

Net liabilities

(3,303,218

)

(2,032,445

)

Capital and reserves

Called up share capital

11

100

100

Retained earnings

(3,303,318

)

(2,032,545

)

Shareholders' funds

(3,303,218

)

(2,032,445

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 17 December 2025 and were signed by:

D C Sutton - Director

1.	Statutory information

Abbey Ecosse Limited is a private company, limited by shares , registered in England and Wales. 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the year end, the company has net liabilities of £3,303,218 (2023: £2,032,445). The directors continue to adopt the going concern basis of accounting in preparing these financial statements following the support from its parent company and other parties who are not demanding the repayment of the various loans.

4.	Average number of employees

The average number of employees during the year was 2 (2023 - 3 ) .

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

34,694

Amortisation

At 1 January 2024

8,674

Charge for year

1,634

Impairments

24,386

At 31 December 2024

34,694

Net book value

At 31 December 2024

-

At 31 December 2023

26,020

6.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2024

2,931,687

Additions

22,463

At 31 December 2024

2,954,150

Depreciation

At 1 January 2024

1,684,465

Charge for year

70,075

Impairments

1,088,139

At 31 December 2024

2,842,679

Net book value

At 31 December 2024

111,471

At 31 December 2023

1,247,222

7.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 January 2024

100

Additions

100

Disposals

(200

)

At 31 December 2024

-

Net book value

At 31 December 2024

-

At 31 December 2023

100

8.	Investment property

Total

£

Fair value

At 1 January 2024

277,000

Disposals

(277,000

)

At 31 December 2024

-

Net book value

At 31 December 2024

-

At 31 December 2023

277,000

9.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

5,015

94,813

Amounts owed by group undertakings

49,807

24,659

Other debtors

10,032

64,270

64,854

183,742

10.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

67,094

218,678

Amounts owed to group undertakings

1,474,143

1,703,838

Taxation and social security

5,450

97,992

Other creditors

1,944,768

1,800,963

3,491,455

3,821,471

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

12.	Related party disclosures

As at 31 December 2024, Abbey Ecosse Limited owed an amount totalling £1,474,143 (2023: £1,703,838) to group undertakings.

As at 31 December 2024, Abbey Ecosse Limited was owed an amount totalling £49,807 (2023: £24,659) from group undertakings.

During the year, Abbey Ecosse Limited sold investment property to Forss Management Limited at arms length.

13.	Ultimate controlling party

The controlling party is The Abbey Group Cambridgeshire Limited.

The registered office address is 1 Oak Court, Willow Road, The Lakes Business Park, Fenstanton, Huntingdon, Cambridgeshire, PE28 9RE.