Silverfin false true 31/12/2025 01/01/2025 31/12/2025 C J Dunbar 13/09/2004 C R H Russell 13/09/2004 20 March 2026 The company has been dormant throughout the financial year. SC113051 2025-12-31 SC113051 bus:Director1 2025-12-31 SC113051 bus:Director2 2025-12-31 SC113051 2024-12-31 SC113051 core:CurrentFinancialInstruments 2025-12-31 SC113051 core:CurrentFinancialInstruments 2024-12-31 SC113051 core:ShareCapital 2025-12-31 SC113051 core:ShareCapital 2024-12-31 SC113051 core:RetainedEarningsAccumulatedLosses 2025-12-31 SC113051 core:RetainedEarningsAccumulatedLosses 2024-12-31 SC113051 bus:OrdinaryShareClass1 2025-12-31 SC113051 2025-01-01 2025-12-31 SC113051 bus:FilletedAccounts 2025-01-01 2025-12-31 SC113051 bus:SmallEntities 2025-01-01 2025-12-31 SC113051 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 SC113051 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC113051 bus:Director1 2025-01-01 2025-12-31 SC113051 bus:Director2 2025-01-01 2025-12-31 SC113051 2024-01-01 2024-12-31 SC113051 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 SC113051 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC113051 (Scotland)

# SPYNIE FARMERS LIMITED

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

SPYNIE FARMERS LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

Contents

SPYNIE FARMERS LIMITED

## BALANCE SHEET

AS AT 31 DECEMBER 2025
SPYNIE FARMERS LIMITED

## BALANCE SHEET (continued)

AS AT 31 DECEMBER 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 6,000 |  | 6,000
|  | 6,000 |  | 6,000
Current assets |  |  |  |
Cash at bank and in hand |  | 46 |  | 46
|  | 46 |  | 46
Creditors: amounts falling due within one year | 4 | ( 14,128) |  | ( 14,128)
Net current liabilities |  | (14,082) |  | (14,082)
Total assets less current liabilities |  | (8,082) |  | (8,082)
Net liabilities |  | ( 8,082) |  | ( 8,082)
Capital and reserves |  |  |  |
Called-up share capital | 5 | 100 |  | 100
Profit and loss account |  | ( 8,182 ) |  | ( 8,182 )
Total shareholders' deficit |  | ( 8,082) |  | ( 8,082)

Spynie Farmers Limited (registered number: SC113051) did not trade during the current financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial year and therefore no Statement of Changes in Equity has been included. For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' 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 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 Spynie Farmers Limited (registered number: SC113051) were approved and authorised for issue by the Board of Directors on 20 March 2026. They were signed on its behalf by:

C R H Russell Director |

SPYNIE FARMERS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025
SPYNIE FARMERS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 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

Spynie Farmers 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 Spynie Farms Office, Maryfield Steading, Elgin, IV30 5PG, Scotland, United Kingdom.
The financial statements have been prepared under the historical cost convention, 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 accounts have been prepared under the going concern concept as the directors have agreed to not call up their loans until all third party creditors have been met. In addition, the directors have confirmed that sufficient funding will be made available in order for the company to meet its liabilities as they fall due.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### 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 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 transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

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 arrangement constitutes a financing transaction, where the debt instrument 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 acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

##### Ordinary share capital

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

#### 2. Employees

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

#### 3. Fixed asset investments

| 2025 |  | 2024
| £ |  | £
Other investments and loans | 6,000 |  | 6,000

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

| 2025 |  | 2024
| £ |  | £
Other creditors | 14,128 |  | 14,128

#### 5. Called-up share capital

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

#### 6. Related party transactions

Transactions with owners holding a participating interest in the entity

| 2025 |  | 2024
| £ |  | £
Amounts owed to key management personnel. | 10,876 |  | 10,876