Blair & Patterson Holdings Limited SC278299 false 2024-08-01 2025-07-31 2025-07-31 The principal activity of the company is property management. Digita Accounts Production Advanced 6.30.9574.0 false true false SC278299 2024-08-01 2025-07-31 SC278299 2025-07-31 SC278299 bus:OrdinaryShareClass1 2025-07-31 SC278299 core:OtherMiscellaneousReserve 2025-07-31 SC278299 core:OtherReservesSubtotal 2025-07-31 SC278299 core:RetainedEarningsAccumulatedLosses 2025-07-31 SC278299 core:ShareCapital 2025-07-31 SC278299 core:CurrentFinancialInstruments 2025-07-31 SC278299 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 SC278299 core:Non-currentFinancialInstruments 2025-07-31 SC278299 core:Non-currentFinancialInstruments core:AfterOneYear 2025-07-31 SC278299 core:Buildings 2025-07-31 SC278299 core:LandBuildings 2025-07-31 SC278299 bus:SmallEntities 2024-08-01 2025-07-31 SC278299 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 SC278299 bus:FilletedAccounts 2024-08-01 2025-07-31 SC278299 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 SC278299 bus:RegisteredOffice 2024-08-01 2025-07-31 SC278299 bus:Director1 2024-08-01 2025-07-31 SC278299 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 SC278299 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC278299 bus:Agent1 2024-08-01 2025-07-31 SC278299 core:OtherMiscellaneousReserve 2024-08-01 2025-07-31 SC278299 core:RetainedEarningsAccumulatedLosses 2024-08-01 2025-07-31 SC278299 core:ShareCapital 2024-08-01 2025-07-31 SC278299 core:Buildings 2024-08-01 2025-07-31 SC278299 core:LandBuildings 2024-08-01 2025-07-31 SC278299 core:AllSubsidiaries 2024-08-01 2025-07-31 SC278299 core:Subsidiary1 2024-08-01 2025-07-31 SC278299 core:Subsidiary1 1 2024-08-01 2025-07-31 SC278299 core:Subsidiary1 countries:Scotland 2024-08-01 2025-07-31 SC278299 countries:Scotland 2024-08-01 2025-07-31 SC278299 2024-07-31 SC278299 core:OtherMiscellaneousReserve 2024-07-31 SC278299 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC278299 core:ShareCapital 2024-07-31 SC278299 core:CostValuation 2024-07-31 SC278299 core:LandBuildings 2024-07-31 SC278299 2023-08-01 2024-07-31 SC278299 2024-07-31 SC278299 bus:OrdinaryShareClass1 2024-07-31 SC278299 core:OtherReservesSubtotal 2024-07-31 SC278299 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC278299 core:ShareCapital 2024-07-31 SC278299 core:CurrentFinancialInstruments 2024-07-31 SC278299 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 SC278299 core:Non-currentFinancialInstruments 2024-07-31 SC278299 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 SC278299 core:Buildings 2024-07-31 SC278299 core:LandBuildings 2024-07-31 SC278299 core:RetainedEarningsAccumulatedLosses 2023-08-01 2024-07-31 SC278299 core:ShareCapital 2023-08-01 2024-07-31 SC278299 core:Subsidiary1 1 2023-08-01 2024-07-31 SC278299 2023-07-31 SC278299 core:RetainedEarningsAccumulatedLosses 2023-07-31 SC278299 core:ShareCapital 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC278299

Blair & Patterson Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

Blair & Patterson Holdings Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3 to 4
Statement of Changes in Equity | 5
Notes to the Unaudited Financial Statements | 6 to 13

Blair & Patterson Holdings Limited

Company Information

Director | D Blair

Registered office | Block 1 Units 1 & 2 Galalaw Business Park Hawick Borders TD9 8PJ

Accountants | Deans Accountants And Business Advisors Ltd Chartered Accountants and Business Advisors 27 North Bridge Street Hawick Scottish Borders TD9 9BD

DEANS
Chartered Accountants
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Blair & Patterson Holdings Limited for the Year Ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Blair & Patterson Holdings Limited for the year ended 31 July 2025 as set out on pages 3 to 13 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland (ICAS), we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/ethics/icas-code-of-ethics.

This report is made solely to the Board of Directors of Blair & Patterson Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Blair & Patterson Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Blair & Patterson Holdings Limited, as a body, in this report in accordance with ICAS guidance (www.icas.com/accountsprep/guidance). To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blair & Patterson Holdings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Blair & Patterson Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Blair & Patterson Holdings Limited. You consider that Blair & Patterson Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Blair & Patterson Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Deans Accountants And Business Advisors Ltd
Chartered Accountants and Business Advisors
27 North Bridge Street
Hawick
Scottish Borders
TD9 9BD

26 March 2026

Blair & Patterson Holdings Limited

(Registration number: SC278299)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,576,736 | 801,555
Investments | 5 | 1 | 1
|  | 1,576,737 | 801,556
Current assets |  |  |
Debtors | 6 | 66,726 | 111,171
Cash at bank and in hand |  | 23,285 | 84,269
|  | 90,011 | 195,440
Creditors: Amounts falling due within one year | 7 | (90,457) | (73,328)
Net current (liabilities)/assets |  | (446) | 122,112
Total assets less current liabilities |  | 1,576,291 | 923,668
Creditors: Amounts falling due after more than one year | 7 | (211,432) | (250,734)
Provisions for liabilities |  | (171,211) | -
Net assets |  | 1,193,648 | 672,934
Capital and reserves |  |  |
Called up share capital | 8 | 10,000 | 10,000
Other reserves |  | 513,631 | -
Retained earnings |  | 670,017 | 662,934
Shareholders' funds |  | 1,193,648 | 672,934

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 March 2026

Blair & Patterson Holdings Limited

(Registration number: SC278299)
Balance Sheet as at 31 July 2025

......................................... D Blair Director

Blair & Patterson Holdings Limited

Statement of Changes in Equity for the Year Ended 31 July 2025

| Share capital £ | Non-distributable reserve £ | Retained earnings £ | Total £
At 1 August 2024 | 10,000 | - | 662,934 | 672,934
Profit for the year | - | - | 568,214 | 568,214
Dividends | - | - | (47,500) | (47,500)
Transfers | - | 513,631 | (513,631) | -
At 31 July 2025 | 10,000 | 513,631 | 670,017 | 1,193,648

| Share capital £ | Retained earnings £ | Total £
At 1 August 2023 | 10,000 | 578,529 | 588,529
Profit for the year | - | 131,905 | 131,905
Dividends | - | (47,500) | (47,500)
At 31 July 2024 | 10,000 | 662,934 | 672,934

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | General information

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

The address of its registered office is:
Block 1
Units 1 & 2
Galalaw Business Park
Hawick
Borders
TD9 8PJ
Scotland

These financial statements were authorised for issue by the director on 26 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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£) and rounded to the nearest £1.

Judgements

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made included
Useful economic lives of tangible assets – the annual depreciation charge for tangible assets is sensitive to change in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on economic utilisation, and the physical condition of the assets

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales value added tax, returns, rebates and discounts.
Rental income
Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight-line basis over the lease term.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Investment properties | nil

Investment property

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of it’s liabilities.
Recognition and measurement
Where shares are issued, any component that creates, a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as an interest expenses in the profit and loss account.
Impairment
At the end of each reporting period financial instruments measured at fair value are assessed for objective evidence of impairment. The impairment loss is recognised in the profit and loss account.

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Investment properties £ | Total £
Cost or valuation
At 1 August 2024 | 801,555 | 801,555
Additions | 260,592 | 260,592
Fair Value Adjustment | 684,842 | 684,842
Disposals | (170,253) | (170,253)
At 31 July 2025 | 1,576,736 | 1,576,736
Carrying amount
At 31 July 2025 | 1,576,736 | 1,576,736
At 31 July 2024 | 801,555 | 801,555

Revaluation

The fair value of certain of the company's Investment Properties were revalued on 13 November 2024 by an independent valuer.
The valuation method used was the Comparable Methodology making reference to market transactions. The name and qualification of the independent valuer are Anthony Bennett BLE MRICS Shepherds Commercial.
A further overseas property was valued by the director using the same methodology. Had this class of asset been measured on a historical cost basis, the carrying amount would have been £891,894 (2024 - £801,555).

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 1 | 1

Subsidiaries | £
Cost or valuation
At 1 August 2024 | 1
Provision
Carrying amount
At 31 July 2025 | 1
At 31 July 2024 | 1

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Blair & Patterson Home Improvements Limited | Block 1 Units 1 & 2, Galalaw Business Park Hawick TD9 8PJ Scotland | Ordinary | 100% | 100%

Subsidiary undertakings
Blair & Patterson Home Improvements Limited The principal activity of Blair & Patterson Home Improvements Limited is provision of joinery services and retail of associated products.

6 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 1,995 | 2,389
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 10 | 25,303 | 108,439
Other debtors |  | 39,428 | 343
|  | 66,726 | 111,171

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 37,300 | 37,300
Taxation and social security |  | 51,257 | 34,128
Accruals and deferred income |  | 1,900 | 1,900
|  | 90,457 | 73,328

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £32,300 (2024 - £32,300).
Clydesdale Bank PLC has security over the company's land and buildings at Galalaw Business Park and a Floating charge over all of the assets of the company.

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 211,432 | 250,734

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £211,432 (2024 - £245,734).

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 10,000 | 10,000 | 10,000 | 10,000

Blair & Patterson Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 211,432 | 250,734

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 37,300 | 37,300

10 | Related party transactions

Summary of transactions with all subsidiaries

Blair and Patterson Home Improvements Limited
Blair and Patterson Home Improvements Limited rents property from Blair & Patterson Holdings Limited as well as having inter company loans. At the balance sheet date the amount owed from Blair & Patterson Home Improvements was £25,303 from ( 2024: £108,439).
Any amounts due to Blair & Patterson Holdings Limited by Blair & Patterson Home Improvements Limited is secured by a Floating charge over all of the property and assets of Blair & Patterson Home Improvements Limited.