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Registration number: SC452663

Seagold Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Seagold Investments Limited

Contents

Company Information | 1
Profit and Loss Account | 2
Balance Sheet | 3 to 4
Notes to the Unaudited Financial Statements | 5 to 7

Seagold Investments Limited

Company Information

Directors | R M Seaman G W A Goldsmith

Registered office | Craighead Farm Blairdrummond Stirling FK9 4XA

Accountants | Kelly Accounting Limited certified 42 Comrie Street Crieff Perthshire PH7 4AX

Seagold Investments Limited

Profit and Loss Account for the Year Ended 30 June 2025

| Note | 2025 £ | 2024 £
Turnover |  | - | -
Administrative expenses |  | (1,020) | (959)
Operating loss |  | (1,020) | (959)
Interest payable and similar expenses |  | - | (1)
|  | - | (1)
Loss before tax |  | (1,020) | (960)
Loss for the financial year |  | (1,020) | (960)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Seagold Investments Limited

(Registration number: SC452663)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 136,652 | 132,824
Current assets |  |  |
Debtors | 5 | 450 | 450
Cash at bank and in hand |  | 117 | 237
|  | 567 | 687
Creditors: Amounts falling due within one year | 6 | (142,922) | (138,194)
Net current liabilities |  | (142,355) | (137,507)
Net liabilities |  | (5,703) | (4,683)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (5,803) | (4,783)
Shareholders' deficit |  | (5,703) | (4,683)

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

• | 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 (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 the financial year and of its profit or loss for each financial year in accordancce 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.

Seagold Investments Limited

(Registration number: SC452663)
Balance Sheet as at 30 June 2025 (continued)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 5 March 2026 and signed on its behalf by:

......................................... R M Seaman Director
......................................... G W A Goldsmith Director

Seagold Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

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

The address of its registered office is:
Craighead Farm
Blairdrummond
Stirling
FK9 4XA

These financial statements were authorised for issue by the Board on 5 March 2026.

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.

Accounting Convention

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including the provisions
of Section 1A 'Small Entities' (FRS102 sections 1A) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The exemptions under section 1A regarding cashflow statement and under s414B of the Companies Act regarding the strategic report, have been taken this year.

Investments

Interests in unlisted entities are initially measured at cost and subsequently measured at cost less any accumulated impairment lossses. the investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

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 withing borrowings in current liabilities.

Seagold Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and theres is an intention 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 and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transactiion, where the transactiion is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable withing one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instrumenst are classifed 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 deucting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangment constitutes a financing transaction, where the debt intrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been aquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if pament is due within one year or less if not they are presented as non-curret liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

3 | Staff numbers

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

Seagold Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

4 | Investments

| Loans £ | Unlisted Investments £ | Total £
Non-current financial assets
Cost or valuation
At 1 July 2024 | 41,139 | 91,685 | 132,824
Additions | - | 3,828 | 3,828
At 30 June 2025 | 41,139 | 95,513 | 136,652
Impairment
Carrying amount
At 30 June 2025 | 41,139 | 95,513 | 136,652

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 450 | 450
| 450 | 450

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Other creditors | 142,922 | 138,194