Silverfin false false 31/05/2025 01/06/2024 31/05/2025 Mr D Graham 31/05/2011 16 February 2026 The principal activity of the company continued to be that of ownership of a stone quarry. SC400631 2025-05-31 SC400631 bus:Director1 2025-05-31 SC400631 2024-05-31 SC400631 core:CurrentFinancialInstruments 2025-05-31 SC400631 core:CurrentFinancialInstruments 2024-05-31 SC400631 core:ShareCapital 2025-05-31 SC400631 core:ShareCapital 2024-05-31 SC400631 core:RetainedEarningsAccumulatedLosses 2025-05-31 SC400631 core:RetainedEarningsAccumulatedLosses 2024-05-31 SC400631 core:LandBuildings 2024-05-31 SC400631 core:PlantMachinery 2024-05-31 SC400631 core:LandBuildings 2025-05-31 SC400631 core:PlantMachinery 2025-05-31 SC400631 core:CostValuation 2024-05-31 SC400631 core:CostValuation 2025-05-31 SC400631 bus:OrdinaryShareClass1 2025-05-31 SC400631 2024-06-01 2025-05-31 SC400631 bus:FilletedAccounts 2024-06-01 2025-05-31 SC400631 bus:SmallEntities 2024-06-01 2025-05-31 SC400631 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 SC400631 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 SC400631 bus:Director1 2024-06-01 2025-05-31 SC400631 core:PlantMachinery core:TopRangeValue 2024-06-01 2025-05-31 SC400631 2023-06-01 2024-05-31 SC400631 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 SC400631 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC400631 (Scotland)

# DRUMHEAD QUARRY LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH THE REGISTRAR

DRUMHEAD QUARRY LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025

Contents

DRUMHEAD QUARRY LIMITED

## BALANCE SHEET

AS AT 31 MAY 2025
DRUMHEAD QUARRY LIMITED

## BALANCE SHEET (continued)

AS AT 31 MAY 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 10,000 |  | 10,000
Investments | 4 | 100 |  | 100
|  | 10,100 |  | 10,100
Current assets |  |  |  |
Debtors | 5 | 35,000 |  | 35,000
|  | 35,000 |  | 35,000
Creditors: amounts falling due within one year | 6 | ( 130,028) |  | ( 126,108)
Net current liabilities |  | (95,028) |  | (91,108)
Total assets less current liabilities |  | (84,928) |  | (81,008)
Net liabilities |  | ( 84,928) |  | ( 81,008)
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Profit and loss account |  | ( 85,028 ) |  | ( 81,108 )
Total shareholders' deficit |  | ( 84,928) |  | ( 81,008)

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges 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 Drumhead Quarry Limited (registered number: SC400631) were approved and authorised for issue by the Director on 16 February 2026. They were signed on its behalf by:

Mr D Graham Director |

DRUMHEAD QUARRY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
DRUMHEAD QUARRY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025

##### 1. Accounting policies

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

##### General information and basis of accounting

Drumhead Quarry Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Denovan Mains, Denny, Stirlingshire, FK6 6BJ, Scotland, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £84,928. The Company is supported through a loan from a related party. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | not depreciated
Plant and machinery | 15 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Fixed asset investments

Investments in subsidiary undertakings are recognised at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are recognised at transaction price.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 2 |  | 2

#### 3. Tangible assets

| Land and buildings |  | Plant and machinery |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 June 2024 | 10,000 |  | 2,217 |  | 12,217
At 31 May 2025 | 10,000 |  | 2,217 |  | 12,217
Accumulated depreciation |  |  |  |  |
At 01 June 2024 | 0 |  | 2,217 |  | 2,217
At 31 May 2025 | 0 |  | 2,217 |  | 2,217
Net book value |  |  |  |  |
At 31 May 2025 | 10,000 |  | 0 |  | 10,000
At 31 May 2024 | 10,000 |  | 0 |  | 10,000

#### 4. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 June 2024 | 100 |  | 100
At 31 May 2025 | 100 |  | 100
Carrying value at 31 May 2025 | 100 |  | 100
Carrying value at 31 May 2024 | 100 |  | 100

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 35,000 |  | 35,000

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Other creditors | 130,028 |  | 126,108

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 8. Related party transactions

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

| 2025 |  | 2024
| £ |  | £
Amounts due to subsidiary | 27,024 |  | 27,024

Transactions with the entity's director

| 2025 |  | 2024
| £ |  | £
Amounts due to key management personnel | 11,314 |  | 11,314