Gylemuir (Brown) Limited

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Gylemuir (Brown) Limited for the year ended 31 March 2025 which comprise the profit and loss account and balance sheet from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants of Scotland, I am subject to its ethical and other professional requirements which are detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020.

This report is made solely to the Board of Directors of Gylemuir (Brown) Limited, as a body, in accordance with the terms of my engagement letter dated 1 March 2021. My work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020. To the fullest extent permitted by law, I do not accept responsibility to anyone other than Gylemuir (Brown) Limited and its Board of Directors as a body for my work or for this report.

I have not been instructed to carry out an audit or a review of the accounts of Gylemuir (Brown) Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the financial statements.

Michele-Ange Anderson

17/12/2025

Lothian Accounting Limited (SC556470)

3 Priory Gate

North Berwick

EH39 4SA

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Gylemuir (Brown) Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: SC659889

	2025	2024
	£	£
Fixed assets	50	50

Current assets	1,370,512	1,376,283
Prepayments and accrued income	2,152	2,943
Creditors: Amounts Falling Due Within One Year	(581,731 )	(1,210,521 )

NET CURRENT ASSETS	790,933	168,705

TOTAL ASSETS LESS CURRENT LIABILITIES	790,983	168,755

Creditors: Amounts Falling Due After More Than One Year	(507,500 )	-
Accruals and deferred income	(7,789 )	(6,867 )

NET ASSETS	275,694	161,888

CAPITAL AND RESERVES	275,694	161,888

Notes

1. General Information

Gylemuir (Brown) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC659889 . The registered office is 22b Court Street, Haddington, EH41 3JA.

The company's Fixed Asset represents its 25% membership share in a Limited liability partnership which manages a specific commercial property development. The share of the partnership expenses are offset against the loans from the LLP partners in the limited liability partnership accounts. This adjustment is not recognised in the company's financial statements as it does not represent an impairment of the investment or loan held.

The company also has direct ownership of a development and this is valued as the future rental income stream.

The directors are office holders and do not have a service or employment contract with the Company.

2. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Gylemuir (Brown) Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Timothy Goddard

Director

17/12/2025

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