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REGISTERED NUMBER: SC801666 (Scotland)

Unaudited Financial Statements

for the Period 5 March 2024 to 31 March 2025

for

Strabane Enterprises (UK) Ltd

Strabane Enterprises (UK) Ltd (Registered number: SC801666)

Contents of the Financial Statements

for the Period 5 March 2024 to 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Strabane Enterprises (UK) Ltd

Company Information

for the Period 5 March 2024 to 31 March 2025

| DIRECTORS: | C Fforde

| N Wright

| REGISTERED OFFICE: | c/o McLay, McAlister & McGibbon

| 145 St Vincent Street

| Glasgow

| Scotland

| G2 5JF

| REGISTERED NUMBER: | SC801666 (Scotland)

| ACCOUNTANTS: | McLay McAlister & McGibbon LLP

| Chartered Accountants

| 145 St Vincent Street

| Glasgow

| G2 5JF

Strabane Enterprises (UK) Ltd (Registered number: SC801666)

Balance Sheet

31 March 2025

| Notes | £ |

| FIXED ASSETS

| Tangible assets | 4 | 2,866,947 |  |

| CURRENT ASSETS

| Debtors | 5 | 213,820 |  |

| Cash at bank and in hand | 5,105 |  |

218,925 |  |

| CREDITORS

| Amounts falling due within one year | 6 | (122,721 | ) |

| NET CURRENT ASSETS | 96,204 |  |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 2,963,151 |  |

| CREDITORS

| Amounts falling due after more than one year | 7 | (237,500 | ) |

| NET ASSETS | 2,725,651 |  |

| CAPITAL AND RESERVES

| Called up share capital | 9 | 10,000 |  |

| Share premium | 10 | 621,007 |  |

| Fair value reserve | 10 | 2,099,925 |  |

| Retained earnings | 10 | (5,281 | ) |

| SHAREHOLDERS' FUNDS | 2,725,651 |  |

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.

Strabane Enterprises (UK) Ltd (Registered number: SC801666)

Balance Sheet - continued

31 March 2025

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

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 4 March 2026 and were signed on its behalf by:

C Fforde - Director

Strabane Enterprises (UK) Ltd (Registered number: SC801666)

Notes to the Financial Statements

for the Period 5 March 2024 to 31 March 2025

1. | STATUTORY INFORMATION

| Strabane Enterprises (UK) 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.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings - 15% on reducing balance

| Motor vehicles - 25% on reducing balance

| Plant & Machinery - 25% on cost

| The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

| Financial instruments

| Debtors

| Trade debtors and other debtors are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence the asset is impaired.

| Cash and cash equivalents

| Cash and cash equivalent in the balance sheet comprise cash in hand and bank overdrafts. In the balance sheet bank overdrafts are shown in creditors amounts falling due within one year.

| Creditors

| Trade creditors and other creditors are recognised where the company has a present obligation resulting from a past event and are recognised at the settlement amount due after allowing for any trade discounts due.

| 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.

Strabane Enterprises (UK) Ltd (Registered number: SC801666)

Notes to the Financial Statements - continued

for the Period 5 March 2024 to 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Investments

| Listed investments are held at fair value, with gains and losses being recognised through the profit and loss account.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL.

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| Transfer to ownership | 2,790,373 |  | 180,556 |  | 2,970,929 |  |

| At 31 March 2025 | 2,790,373 |  | 180,556 |  | 2,970,929 |  |

| DEPRECIATION

| Transfer to ownership | - |  | 103,982 |  | 103,982 |  |

| At 31 March 2025 | - |  | 103,982 |  | 103,982 |  |

| NET BOOK VALUE

| At 31 March 2025 | 2,790,373 |  | 76,574 |  | 2,866,947 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other debtors | 213,820 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade creditors | 34,386 |  |

| Other creditors | 88,335 |  |

122,721 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

£ |

| Bank loans | 237,500 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 237,500 |  |

Strabane Enterprises (UK) Ltd (Registered number: SC801666)

Notes to the Financial Statements - continued

for the Period 5 March 2024 to 31 March 2025

8. | SECURED DEBTS

| The following secured debts are included within creditors:

£ |

| Bank loans | 237,500 |  |

| A Standard Security charge is held by Weatherby's Bank over the undernoted properties:

| - Craigview Farmhouse, Kilmory, Isle of Arran, KA27 8PG

| - Kilbride Farmhouse, Shannochie, Isle of Arran, KA27 8SJ

| - Monyquil Farmhouse, String Road, Brodick, Isle of Arran, KA27 8DR

| - Torlinn Farmhouse, Shannochie, Isle of Arran, KA27 8PQ.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal

| value: | £ |

| 60 | 'A' Ordinary | £100 | 6,000 |  |

| 40 | 'B' Ordinary | £100 | 4,000 |  |

10,000 |  |

10. | RESERVES

| Fair |

| Retained |  | Share |  | value |

| earnings |  | premium |  | reserve |  | Totals

£ | £ | £ | £ |

| Deficit for the period | (5,281 | ) | (5,281 | ) |

| Transfer | - |  | 621,007 |  | 2,099,925 |  | 2,720,932 |  |

| At 31 March 2025 | (5,281 | ) | 621,007 |  | 2,099,925 |  | 2,715,651 |  |

11. | RELATED PARTY DISCLOSURES

| Included within other creditors is an amount of £73,422 owed to the director Charles Fforde by the company. This loan is interest free and repayable on demand.