ACCOUNTS - Final Accounts

Registered number: SC153985

NAIRN HOLDINGS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

NAIRN HOLDINGS LIMITED

COMPANY INFORMATION

Directors	Sir Michael Nairn Bt
	Michael Andrew Nairn


Registered number	SC153985


Registered office	Nobel Road
	Wester Gourdie Industrial Estate
	Dundee
	Scotland
	DD2 4UH


Independent auditors	Sumer Auditco Limited
	Chartered Accountants & Statutory Auditors
	14 City Quay
	Dundee
	DD1 3JA


Bankers	Handelsbanken
	3 Thomas More Street
	London
	E1W 1WY

NAIRN HOLDINGS LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 5

NAIRN HOLDINGS LIMITED

REGISTERED NUMBER: SC153985

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2025

				As restated
		2025		2024
		£		£

Fixed assets
Investments	4		23,674		23,674
			23,674		23,674
Current assets
Debtors: amounts falling due within one year		37,500		345,713
Bank and cash balances		15,593		34,645
		53,093		380,358
Creditors: amounts falling due within one year		-		(30,375)
Net current assets			53,093		349,983
Total assets less current liabilities			76,767		373,657

Net assets			76,767		373,657

Capital and reserves
Called up share capital	48,674	48,674
Profit and loss account	28,093	324,983
	76,767	373,657

Page 1

NAIRN HOLDINGS LIMITED

REGISTERED NUMBER: SC153985

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 JUNE 2025

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 January 2026.

Sir Michael Nairn Bt

Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

NAIRN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Nairn Holdings Limited is a private company, limited by shares, domiciled in Scotland with the registration number SC153985. The registered office is Nobel Road, Wester Gourdie Industrial Estate, Dundee, DD2 4UH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments held as fixed assets are shown at cost less provision for impairment.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 3

NAIRN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 July 2024	23,674
	At 30 June 2025	23,674

Debtors

						As restated
					2025	2024
					£	£


Amounts owed by group undertakings	37,500	-
Other debtors	-	345,713
	37,500	345,713

Included within Other debtors is £nil (2024 - £225,000) owed to the company by a director, which was advanced within the year. Interest is charged at HMRC's official rate and the loan is due to be repaid by 31 March 2025.

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	-	30,375
	-	30,375

Page 4

NAIRN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

43,349 (2024 - 43,349) Ordinary 'A' shares of £1.00 each	43,349	43,349
4,112 (2024 - 4,112) Ordinary 'B' shares of £1.00 each	4,112	4,112
1,213 (2024 - 1,213) Ordinary 'C' shares of £1.00 each	1,213	1,213

	48,674	48,674

8.	Prior year adjustment

In the prior year accounts, an advance to one of the directors was disclosed as a dividend payment. This resulted in an understatement of other debtors by £225,000 and an equal overstatement of dividends paid.
The advance was repaid within 9 months of the year-end and so no adjustment to corporation tax under s455 of Corporation Tax Act 2010 was required and there was no effect on the tax liability of the company.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 30 June 2025 was unqualified.

The audit report was signed on 6 January 2026 by Douglas Rae (Senior statutory auditor) on behalf of Sumer Auditco Limited.

Page 5