Registration number: 11132407

Stott Brothers Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Stott Brothers Ltd

Company Information

Directors

Mr William Stott Mr Thomas Stott

Registered office

12a Deards End Lane Knebworth Herts SG3 6NL

Stott Brothers Ltd

(Registration number: 11132407)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	20,365	-
Tangible assets	5	10,981	16,389
Investment property	6	746,032	746,032
		777,378	762,421
Current assets
Debtors	7	2,481	1,342
Cash at bank and in hand		994	15,468
		3,475	16,810
Creditors: Amounts falling due within one year	8	(7,692)	(60,597)
Net current liabilities		(4,217)	(43,787)
Total assets less current liabilities		773,161	718,634
Creditors: Amounts falling due after more than one year	8	(775,346)	(704,440)
Net (liabilities)/assets		(2,185)	14,194
Capital and reserves
Called up share capital	9	100	100
Retained earnings		(2,285)	14,094
Shareholders' (deficit)/funds		(2,185)	14,194

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 January 2026 and signed on its behalf by:
 

......................................... Mr William Stott Director

Stott Brothers Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
12a Deards End Lane
Knebworth
Herts
SG3 6NL

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

The company's income from rents is apportioned on a straight line basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	33% reducing balance

Stott Brothers Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Intangible assets

The Company adopts an accounting policy of holding its intangible assets at cost less impairment. There is considerable volatility in the values of its holdings of intangible Cryptocurrency assets making accounting for holding those assets at fair value through profit and loss subject to short term fluctuations. Given the intention of the Company to hold those investments for the longer term, it is felt than an accounting policy of cost less impairment represents the fair view of the Company's assets.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Stott Brothers Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Stott Brothers Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions	30,847	30,847
Disposals	(4,846)	(4,846)
At 31 March 2025	26,001	26,001
Impairment
Impairment	5,636	5,636
At 31 March 2025	5,636	5,636
Carrying amount
At 31 March 2025	20,365	20,365

5	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	36,421	36,421
At 31 March 2025	36,421	36,421
Depreciation
At 1 April 2024	20,032	20,032
Charge for the year	5,408	5,408
At 31 March 2025	25,440	25,440
Carrying amount
At 31 March 2025	10,981	10,981
At 31 March 2024	16,389	16,389

6	Investment properties

	2025 £
At 1 April	746,032
At 31 March	746,032

Stott Brothers Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

In the opinion of the directors, the fair value of the properties is not materially different from their respective purchase prices.

There has been no valuation of investment property by an independent valuer.

7

Debtors

Current	2025 £	2024 £
Trade debtors	1,049	-
Prepayments	732	642
Other debtors	700	700
	2,481	1,342

Stott Brothers Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	492	543
Taxation and social security	-	55,254
Accruals and deferred income	6,500	4,100
Other creditors	700	700
	7,692	60,597

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	775,346	704,440

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	775,346	704,440

11	Related party transactions

Summary of transactions with other related parties

Owners with participating interest

Income and receivables from related parties

Stott Brothers Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2025

2024	Other related parties £
Receipt of services	2,899

Loans from related parties

2025	Other related parties £	Total £
At start of period	704,440	704,440
Advanced	70,906	70,906
At end of period	775,346	775,346

2024	Other related parties £	Total £
At start of period	699,843	699,843
Advanced	4,597	4,597
At end of period	704,440	704,440

Terms of loans from related parties

The amounts owed to the shareholders are unsecured interest free and repayable in more than one year.