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REGISTERED NUMBER: SC224521 (Scotland)

| LUGE LIMITED |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2026 |

LUGE LIMITED (REGISTERED NUMBER: SC224521)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

LUGE LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2026

| DIRECTORS: | D R Callander

| L M Callander

| SECRETARY: | D R Callander

| REGISTERED OFFICE: | 53 High Street

| Dumbarton

| G82 1LS

| REGISTERED NUMBER: | SC224521 (Scotland)

LUGE LIMITED (REGISTERED NUMBER: SC224521)

BALANCE SHEET

31ST MARCH 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 75,000 |  | 75,000 |  |

CURRENT ASSETS

Debtors | 5 | 448 |  | 727 |  |

Cash at bank | 13,296 |  | 13,495 |  |

13,744 |  | 14,222 |  |

CREDITORS

Amounts falling due within one year | 6 | 3,595 |  | 4,073 |  |

NET CURRENT ASSETS | 10,149 |  | 10,149 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 85,149 |  | 85,149 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 2,350 |  | 2,350 |  |

NET ASSETS | 82,799 |  | 82,799 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 82,699 |  | 82,699 |  |

82,799 |  | 82,799 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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.

LUGE LIMITED (REGISTERED NUMBER: SC224521)

BALANCE SHEET - continued

31ST MARCH 2026

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 1st April 2026 and were signed on its behalf by:

D R Callander - Director

LUGE LIMITED (REGISTERED NUMBER: SC224521)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

1. | STATUTORY INFORMATION

| Luge Limited 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents rentals and service charges receivable for the period.

| Tangible fixed assets

| The heritable property is included at estimated market value. Consequently no depreciation has been provided on these assets.

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either 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 its liabilities.

| Taxation

| Taxation for the year 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 year 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2025 - NIL).

LUGE LIMITED (REGISTERED NUMBER: SC224521)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST OR VALUATION

| At 1st April 2025

| and 31st March 2026 | 75,000 |  |

| NET BOOK VALUE

| At 31st March 2026 | 75,000 |  |

| At 31st March 2025 | 75,000 |  |

| Cost or valuation at 31st March 2026 is represented by:

| Land and

| buildings

£ |

| Valuation in 2015 | (28,013 | ) |

| Valuation in 2017 | (14,800 | ) |

| Valuation in 2021 | (15,200 | ) |

| Valuation in 2023 | (20,000 | ) |

| Valuation in 2025 | (25,000 | ) |

| Cost | 178,013 |  |

75,000 |  |

| If freehold land and buildings had not been revalued they would have been included at the following historical cost:

| 31.3.26 |  | 31.3.25

£ | £ |

| Cost | 178,013 |  | 178,013 |  |

| Freehold land and buildings were valued on an open market basis on 31st March 2026 by the Directors .

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade debtors | 448 |  | 513 |  |

| Other debtors | - |  | 214 |  |

448 |  | 727 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade creditors | 337 |  | 379 |  |

| Taxation and social security | - |  | 3,694 |  |

| Other creditors | 3,258 |  | - |  |

3,595 |  | 4,073 |  |

LUGE LIMITED (REGISTERED NUMBER: SC224521)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Other creditors | 2,350 |  | 2,350 |  |

8. | RELATED PARTY DISCLOSURES

| The company was under the control of D R & L M Callander throughout the current and previous year.