Auchmore Energy Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC406865 (Scotland)

Unaudited Financial Statements

for the Period 1 September 2024 to 31 March 2025

for

Auchmore Energy Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

S MacKenzie

Mrs S MacKenzie

REGISTERED OFFICE:

Auchmore Farm House

Auchmore Farm

Muir of ord

Ross-Shire

IV6 7XB

REGISTERED NUMBER:

SC406865 (Scotland)

ACCOUNTANTS:

Stewart & Stewart Ltd

Chartered Accountants

Achorn House

34 Millbank Road

Munlochy

Ross-Shire

IV8 8ND

FIXED ASSETS

Intangible assets

4

88,063

91,711

Investments

5

207,157

131,226

295,220

222,937

CURRENT ASSETS

Debtors

68,697

96,696

Cash at bank

73,153

54,825

141,850

151,521

CREDITORS

Amounts falling due within one year

74,427

33,417

NET CURRENT ASSETS

67,423

118,104

TOTAL ASSETS LESS CURRENT
LIABILITIES

362,643

341,041

PROVISIONS FOR LIABILITIES

61,798

64,111

NET ASSETS

300,845

276,930

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

300,745

276,830

SHAREHOLDERS' FUNDS

300,845

276,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

S MacKenzie - Director

Mrs S MacKenzie - Director

1.	STATUTORY INFORMATION

Auchmore Energy Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Goodwill

Goodwill, being the amount paid in connection with the purchase of a share in a limited liability partnership, is being amortized evenly over 20 years from the date the limited liability partnership commenced trading, this being the period over which it is anticipated that a profit share will accrue.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non convertible preference shares and non puttable ordinary or preference shares are publicly traded or their fair value can otherwise be measured reliably , the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss immediately.

All equity investments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit and loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Investment in limited liability partnerships

The company's investments in limited liability partnerships are included under fixed asset investments at cost, being the amount standing to the company's credit as a member in the accounts of the limited liability partnership. Where the member's balance is overdrawn, this balance is included under other creditors. The company's share of the pre-tax profits/(losses) of the partnerships is included in the profit and loss account as other operating income.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2024

and 31 March 2025

125,060

AMORTISATION

At 1 September 2024

33,349

Amortisation for period

3,648

At 31 March 2025

36,997

NET BOOK VALUE

At 31 March 2025

88,063

At 31 August 2024

91,711

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 September 2024

131,226

Additions

8,674

Share of profit/(loss)

177,747

Distributions in period

(110,490

)

At 31 March 2025

207,157

NET BOOK VALUE

At 31 March 2025

207,157

At 31 August 2024

131,226

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2025 and the year ended 31 August 2024:

31.3.25

31.8.24

£

S MacKenzie and Mrs S MacKenzie

Balance outstanding at start of period

76,856

79,613

Amounts advanced

119,000

112,243

Amounts repaid

(137,000

)

(115,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

58,856

76,856

The above loans were interest free with no fixed repayment date.

7.	RELATED PARTY DISCLOSURES

Included in debtors is the sum of £9,840 (2024: £19,840) representing a loan to a company controlled by the directors. The maximum balance outstanding during the period was £19,840 (2024: £56,840). The loan was interest-free with no fixed repayment date.

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors 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 Auchmore Energy Ltd for the period ended 31 March 2025 which comprise the Abridged Income Statement, Abridged Balance Sheet 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 https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Auchmore Energy Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Auchmore Energy Ltd and state those matters that we have agreed to state to the Board of Directors of Auchmore Energy Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Auchmore Energy Ltd 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 Auchmore Energy Ltd. You consider that Auchmore Energy Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Auchmore Energy Ltd. 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.

Stewart & Stewart Ltd

Chartered Accountants

Achorn House

34 Millbank Road

Munlochy

Ross-Shire

IV8 8ND

19 December 2025