Company No: 12371070 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	30.09.2025		31.12.2024
		£		£
Current assets
Debtors
- due within one year	3	136,564		0
- due after more than one year	3	0		146,517
Cash at bank and in hand		100		100
		136,664		146,617
Creditors: amounts falling due within one year	4	( 136,564)		( 132,192)
Net current assets		100		14,425
Total assets less current liabilities		100		14,425
Net assets		100		14,425
Capital and reserves
Called-up share capital		100		100
Profit and loss account		0		14,325
Total shareholder's funds		100		14,425

For the financial period ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Scotsgrove Asset Management Limited (registered number: 12371070) were approved and authorised for issue by the Board of Directors on 19 December 2025. They were signed on its behalf by:

A E C Haimes Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Scotsgrove Asset Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Office 5 Riverside Place, Taunton, TA1 1JH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

On 30 Septmber 2025, the company ceased trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

Reporting period length

These accounts are prepared for a 9 month period ended 30 September 2025.

Turnover

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

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Loans to other entities

The company makes loans to other entities. These are included within other debtors due within one year at amortised cost plus any unpaid interest due on these loans.

2. Employees

	Period from 01.01.2025 to 30.09.2025		Year ended 31.12.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	2		2

3. Debtors

	30.09.2025		31.12.2024
	£		£
Debtors: amounts falling due within one year
Other debtors	136,564		0
Debtors: amounts falling due after more than one year
Other debtors	0		146,517

4. Creditors: amounts falling due within one year

	30.09.2025		31.12.2024
	£		£
Taxation and social security	136,564		129,691
Other creditors	0		2,501
	136,564		132,192

5. Related party transactions

Transactions with entities in which the entity itself has a participating interest

The company has taken the exemption in Section 33.1A of FRS102 not to disclose transactions entered into between its fellow group members during the financial year.

6. Ultimate controlling party

Parent Company:

Scotsgrove Holdings Limited

Office 5 Riverside Place Taunton Somerset United Kingdom TA1 1JH