IRIS Accounts Production v26.1.0.640 SC362220 director 1.8.24 31.7.25 31.7.25 false true false false true false Ordinary shares 1.00000 Ordinary A shares 1.00000 Ordinary B shares 1.00000 Ordinary C shares 1.00000 Ordinary D shares 1.00000 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC362220 2024-07-31 SC362220 2025-07-31 SC362220 2024-08-01 2025-07-31 SC362220 2023-07-31 SC362220 2023-08-01 2024-07-31 SC362220 2024-07-31 SC362220 ns15:Scotland 2024-08-01 2025-07-31 SC362220 ns14:PoundSterling 2024-08-01 2025-07-31 SC362220 ns10:Director1 2024-08-01 2025-07-31 SC362220 ns10:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC362220 ns10:SmallEntities 2024-08-01 2025-07-31 SC362220 ns10:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 SC362220 ns10:SmallCompaniesRegimeForDirectorsReport 2024-08-01 2025-07-31 SC362220 ns10:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 SC362220 ns10:FullAccounts 2024-08-01 2025-07-31 SC362220 ns10:OrdinaryShareClass1 2024-08-01 2025-07-31 SC362220 ns10:OrdinaryShareClass2 2024-08-01 2025-07-31 SC362220 ns10:OrdinaryShareClass3 2024-08-01 2025-07-31 SC362220 ns10:OrdinaryShareClass4 2024-08-01 2025-07-31 SC362220 ns10:OrdinaryShareClass5 2024-08-01 2025-07-31 SC362220 ns10:OrdinaryShareClass5 5 2024-08-01 2025-07-31 SC362220 ns10:RegisteredOffice 2024-08-01 2025-07-31 SC362220 ns5:CurrentFinancialInstruments 2025-07-31 SC362220 ns5:CurrentFinancialInstruments 2024-07-31 SC362220 ns5:ShareCapital 2025-07-31 SC362220 ns5:ShareCapital 2024-07-31 SC362220 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-07-31 SC362220 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-07-31 SC362220 ns5:RetainedEarningsAccumulatedLosses 2025-07-31 SC362220 ns5:RetainedEarningsAccumulatedLosses 2024-07-31 SC362220 ns5:FurnitureFittings 2024-07-31 SC362220 ns5:ComputerEquipment 2024-07-31 SC362220 ns5:FurnitureFittings 2024-08-01 2025-07-31 SC362220 ns5:ComputerEquipment 2024-08-01 2025-07-31 SC362220 ns5:FurnitureFittings 2025-07-31 SC362220 ns5:ComputerEquipment 2025-07-31 SC362220 ns5:FurnitureFittings 2024-07-31 SC362220 ns5:ComputerEquipment 2024-07-31 SC362220 ns5:CostValuation ns5:ListedExchangeTraded 2024-07-31 SC362220 ns5:UnlistedNon-exchangeTraded ns5:CostValuation 2024-07-31 SC362220 ns5:ListedExchangeTraded ns5:DisposalsRepaymentsInvestments 2025-07-31 SC362220 ns5:UnlistedNon-exchangeTraded ns5:DisposalsRepaymentsInvestments 2025-07-31 SC362220 ns5:RevaluationsIncreaseDecreaseInInvestments ns5:ListedExchangeTraded 2025-07-31 SC362220 ns5:UnlistedNon-exchangeTraded ns5:RevaluationsIncreaseDecreaseInInvestments 2025-07-31 SC362220 ns5:CostValuation ns5:ListedExchangeTraded 2025-07-31 SC362220 ns5:UnlistedNon-exchangeTraded ns5:CostValuation 2025-07-31 SC362220 ns5:ListedExchangeTraded 2025-07-31 SC362220 ns5:UnlistedNon-exchangeTraded 2025-07-31 SC362220 ns5:ListedExchangeTraded 2024-07-31 SC362220 ns5:UnlistedNon-exchangeTraded 2024-07-31 SC362220 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-07-31 SC362220 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-07-31 SC362220 ns5:DeferredTaxation 2024-07-31 SC362220 ns5:DeferredTaxation 2024-08-01 2025-07-31 SC362220 ns5:DeferredTaxation 2025-07-31 SC362220 ns10:OrdinaryShareClass2 2025-07-31 SC362220 ns10:OrdinaryShareClass3 2025-07-31 SC362220 ns10:OrdinaryShareClass4 2025-07-31 SC362220 ns10:OrdinaryShareClass5 2025-07-31

REGISTERED NUMBER: SC362220 (Scotland)

| Unaudited Financial Statements |

| for the Year Ended 31 July 2025 |

| for |

| Orlock Advisors Limited |

| Orlock Advisors Limited (Registered number: SC362220) |

Contents of the Financial Statements

for the Year Ended 31 July 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Orlock Advisors Limited |

Company Information

for the Year Ended 31 July 2025

| DIRECTOR: | R A R Napier

| REGISTERED OFFICE: | 6 Logie Mill

| Beaverbank Business Park

| Edinburgh

| Lothian

| EH7 4HG

| REGISTERED NUMBER: | SC362220 (Scotland)

| ACCOUNTANTS: | A H & Co Ltd

| Chartered Accountants

| 6 Logie Mill

| Edinburgh

| Lothian

| EH7 4HG

| Orlock Advisors Limited (Registered number: SC362220) |

Balance Sheet

31 July 2025

| 31.7.25 | 31.7.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,622 |  | 3,232 |  |

Investments | 5 | 12,286,302 |  | 10,998,121 |  |

12,288,924 |  | 11,001,353 |  |

CURRENT ASSETS

Debtors | 6 | 658,096 |  | 1,265,637 |  |

Cash at bank | 375,176 |  | 43,666 |  |

1,033,272 |  | 1,309,303 |  |

CREDITORS

Amounts falling due within one year | 7 | 129,430 |  | 394,614 |  |

NET CURRENT ASSETS | 903,842 |  | 914,689 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 13,192,766 |  | 11,916,042 |  |

PROVISIONS FOR LIABILITIES | 8 | 479,881 |  | 707,703 |  |

NET ASSETS | 12,712,885 |  | 11,208,339 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,100 |  | 1,000 |  |

Fair value reserve | 3,949,594 |  | 2,626,709 |  |

Retained earnings | 8,762,191 |  | 8,580,630 |  |

SHAREHOLDERS' FUNDS | 12,712,885 |  | 11,208,339 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 April 2026 and were signed by:

R A R Napier - Director

| Orlock Advisors Limited (Registered number: SC362220) |

Notes to the Financial Statements

for the Year Ended 31 July 2025

1. | STATUTORY INFORMATION

| Orlock Advisors 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.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with the provisions of section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

| Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

| Tangible fixed assets

| Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

| Computer equipment |  | - |  | 33% on cost |  |

| Fixtures & Fittings |  | - |  | 20% on cost |  |

| Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

| Impairment

| Assets and investments not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

| Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| 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.

| Orlock Advisors Limited (Registered number: SC362220) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Fixed asset investments

| Investments are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

| Listed investments are measured using the market value in the investment portfolio at the balance sheet date.

| Unlisted and other investments are valued using the directors valuation of fair value at the balance sheet date as quoted prices are not available.

| Provisions

| Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

| Exemption from preparing a cash flow statement

| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 August 2024 | 2,128 |  | 5,177 |  | 7,305 |  |

| Additions | - |  | 848 |  | 848 |  |

| At 31 July 2025 | 2,128 |  | 6,025 |  | 8,153 |  |

| DEPRECIATION

| At 1 August 2024 | 426 |  | 3,647 |  | 4,073 |  |

| Charge for year | 425 |  | 1,033 |  | 1,458 |  |

| At 31 July 2025 | 851 |  | 4,680 |  | 5,531 |  |

| NET BOOK VALUE

| At 31 July 2025 | 1,277 |  | 1,345 |  | 2,622 |  |

| At 31 July 2024 | 1,702 |  | 1,530 |  | 3,232 |  |

| Orlock Advisors Limited (Registered number: SC362220) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

5. | FIXED ASSET INVESTMENTS

| 31.7.25 |  | 31.7.24

£ | £ |

| Other investments not loans | 12,286,302 |  | 10,998,121 |  |

| Additional information is as follows:

| Listed |  | Unlisted |

| investments |  | investments |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 August 2024 | 7,443,260 |  | 3,628 |  | 7,446,888 |  |

| Disposals | (2,270,501 | ) | - |  | (2,270,501 | ) |

| Revaluations | 651,035 |  | 84 |  | 651,119 |  |

| At 31 July 2025 | 5,823,794 |  | 3,712 |  | 5,827,506 |  |

| NET BOOK VALUE

| At 31 July 2025 | 5,823,794 |  | 3,712 |  | 5,827,506 |  |

| At 31 July 2024 | 7,443,260 |  | 3,628 |  | 7,446,888 |  |

| The historical cost of listed investments was £4,934,802 at 31 July 2025 (2024: £5,199,407).

| The historical cost of unlisted investments was £4,900 at 31 July 2025 (2024: £4,900).

| Investments (neither listed nor unlisted) were as follows:

| 31.7.25 |  | 31.7.24

£ | £ |

| Gold bullion/coins | 1,841,056 |  | 1,396,959 |  |

| Investment income a/c | 32,345 |  | 14,512 |  |

| Investment capital a/c | 6,681 |  | 7,305 |  |

| Deposit a/c | 4,578,714 |  | 2,132,457 |  |

6,458,796 |  | 3,551,233 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade debtors | 467,329 |  | 763,611 |  |

| Other debtors | 190,767 |  | 502,026 |  |

658,096 |  | 1,265,637 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade creditors | 1,076 |  | 988 |  |

| Taxation and social security | 120,855 |  | 387,891 |  |

| Other creditors | 7,499 |  | 5,735 |  |

129,430 |  | 394,614 |  |

| Orlock Advisors Limited (Registered number: SC362220) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

8. | PROVISIONS FOR LIABILITIES

| 31.7.25 |  | 31.7.24

£ | £ |

| Deferred tax | 479,881 |  | 707,703 |  |

| Deferred |

| tax |

£ |

| Balance at 1 August 2024 | 707,703 |  |

| Provided during year | (227,822 | ) |

| Balance at 31 July 2025 | 479,881 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.7.25 |  | 31.7.24

| value: | £ | £ |

| NIL | Ordinary shares | £1 | - |  | 1,000 |  |

| 675 | Ordinary A shares | £1 | 675 |  | - |  |

| 275 | Ordinary B shares | £1 | 275 |  | - |  |

| 50 | Ordinary C shares | £1 | 50 |  | - |  |

| 100 | Ordinary D shares | £1 | 100 |  | - |  |

1,100 |  | 1,000 |  |

| The following shares were issued during the year for cash at par :

| 100 Ordinary D shares shares of £1

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| As at 31st July 2025 the company owed the director £402 (2024 - £656).

11. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £105,000 (2024 - £140,000) were paid to the director .

| Related party |  | Type of transaction |  | Amount |  | Balance receivable from or (payable) to related party as at 31 July 2025 |  | Balance receivable from or (payable) to related party as at 31 July 2024 |  |

| Against The Head Limited |  | Loan |  | (£350,843) |  | - |  | £350,843 |  |

| (2024: Nil) |  |

|  | Sales |  | £1,458,566 |  | £467,329 |  | £744,411 |  |

| (2024: £1,669,734) |  |

|  | Commission |  | £185,846 |  | - |  | - |  |

|  | paid |  | (2024: £192,892) |  |  |

| A director of Orlock Advisors Limited is also a director of Against The Head Limited.

12. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is R A R Napier.

| Orlock Advisors Limited (Registered number: SC362220) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

13. | DONATIONS

| During the year ended 31st July 2025, the company made total donations of £182,130 (2024 - £244,996).