Jedderfield Investments Limited Company accounts

COMPANY REGISTRATION NUMBER: SC502005

Jedderfield Investments Limited

Unaudited Financial Statements

31 March 2025

Jedderfield Investments Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Officers and professional advisers	1

Directors' report	2

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	3

Statement of income and retained earnings	4

Statement of financial position	5

Notes to the financial statements	6

Jedderfield Investments Limited

Officers and Professional Advisers

The board of directors	Mrs C. A. Crichton. M.C.S.I
	Mr Colin Crichton FRICS

Registered office	Beech Cottage
	Biel Mill
	Dunbar
	East Lothian
	EH42 1SY

Accountants	Nelson Gilmour Smith
	Chartered Accountants
	Mercantile Chambers
	53 Bothwell Street
	Glasgow
	G2 6TB

Bankers	Bank of Scotland Plc
	Po Box 17235
	Edinburgh
	EH11 1YH

Jedderfield Investments Limited

Directors' Report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Mrs C. A. Crichton. M.C.S.I
Mr Colin Crichton FRICS

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 11 December 2025 and signed on behalf of the board by:

Mrs C. A. Crichton. M.C.S.I

Director

Registered office:

Beech Cottage

Biel Mill

Dunbar

East Lothian

EH42 1SY

Jedderfield Investments Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Jedderfield Investments Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jedderfield Investments Limited for the year ended 31 March 2025, which comprise the statement of income and retained earnings, 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Jedderfield Investments Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Jedderfield Investments Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jedderfield Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Jedderfield Investments 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 profit of Jedderfield Investments Limited. You consider that Jedderfield Investments 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 Jedderfield Investments 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.

Nelson Gilmour Smith Chartered Accountants

Mercantile Chambers 53 Bothwell Street Glasgow G2 6TB

11 December 2025

Jedderfield Investments Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

	2025	2024
Note	£	£
Turnover	19,485	31,472

	--------	--------
Gross profit	19,485	31,472

Administrative expenses	12,765	10,539
	--------	--------
Operating profit	6,720	20,933

Income from participating interests		532,500	290,000
Other interest receivable and similar income		51,474	48,532
		---------	---------
Profit before taxation	4	590,694	359,465

Tax on profit	14,858	10,316
	---------	---------
Profit for the financial year and total comprehensive income	575,836	349,149
	---------	---------

All the activities of the company are from continuing operations.

Jedderfield Investments Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	544,785	546,022
Investments	6	1,000	1,000
		---------	---------
		545,785	547,022

Current assets

Debtors	7	936,017	707,635
Cash at bank and in hand		2,925,027	2,570,385
		------------	------------
		3,861,044	3,278,020

Creditors: amounts falling due within one year	8	20,579	14,628
		------------	------------
Net current assets		3,840,465	3,263,392
		------------	------------
Total assets less current liabilities		4,386,250	3,810,414
		------------	------------
Net assets		4,386,250	3,810,414
		------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	4,386,150	3,810,314
	------------	------------
Shareholders funds	4,386,250	3,810,414
	------------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Mrs C. A. Crichton. M.C.S.I

Director

Company registration number: SC502005

Jedderfield Investments Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Beech Cottage, Biel Mill, Dunbar, East Lothian, EH42 1SY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and 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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, 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 a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

		-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	1,337	1,747
	-------	-------

5. Tangible assets

	Land and buildings	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2024	540,779	9,174	549,953
Additions	–	100	100
	---------	-------	---------
At 31 March 2025	540,779	9,274	550,053
	---------	-------	---------
Depreciation
At 1 April 2024	–	3,931	3,931
Charge for the year	–	1,337	1,337
	---------	-------	---------
At 31 March 2025	–	5,268	5,268
	---------	-------	---------
Carrying amount
At 31 March 2025	540,779	4,006	544,785
	---------	-------	---------
At 31 March 2024	540,779	5,243	546,022
	---------	-------	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	1,000
	-------
Impairment
At 1 April 2024 and 31 March 2025	–
	-------

Carrying amount
At 31 March 2025	1,000
	-------
At 31 March 2024	1,000
	-------

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	930,712	699,340
Other debtors	5,305	8,295
	---------	---------
	936,017	707,635
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	14,857	9,086
Other creditors	5,722	5,542
	--------	--------
	20,579	14,628
	--------	--------

9. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Gordania Properties Limited	( 1,128)	( 2,136)	698,212	699,340
	-------	-------	---------	---------

During 2023, the company transferred property to Gordania Properties Limited, a wholy owned subsidiary.