Letham Woods Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC183167

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		309,072		310,524

			309,072		310,524
CURRENT ASSETS
Debtors	5	22,371		16,110
Cash at bank and in hand		676,228		696,767

		698,599		712,877
Creditors: Amounts Falling Due Within One Year	6	(1,275 )		(1,270 )

NET CURRENT ASSETS (LIABILITIES)			697,324		711,607

TOTAL ASSETS LESS CURRENT LIABILITIES			1,006,396		1,022,131

NET ASSETS			1,006,396		1,022,131

CAPITAL AND RESERVES
Called up share capital	7		30,000		30,000
Capital redemption reserve			120,000		120,000
Profit and Loss Account			856,396		872,131

SHAREHOLDERS' FUNDS			1,006,396		1,022,131

Page 1

Page 2

Letham Woods Limited

Balance Sheet (continued)

As At 31 July 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Elizabeth Letham

Director

28/04/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Letham Woods Limited is a private company, limited by shares, incorporated in Scotland, registered number SC183167 . The registered office is Lindsays, 100 Queen Street, Glasgow, Lanarkshire, G1 3DN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Woodland	no depreciation charged
Roads	5% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Woodland	Roads	Total
	£	£	£	£
Cost
As at 1 August 2024	1,670	405,472	94,497	501,639

As at 31 July 2025	1,670	405,472	94,497	501,639

Depreciation
As at 1 August 2024	1,670	123,986	65,459	191,115
Provided during the period	-	-	1,452	1,452

As at 31 July 2025	1,670	123,986	66,911	192,567

Net Book Value
As at 31 July 2025	-	281,486	27,586	309,072

As at 1 August 2024	-	281,486	29,038	310,524

Page 3

Page 4

Letham Woods Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	4,121	3,913
Loan	15,000	10,000
VAT	3,250	2,197

	22,371	16,110

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	1,275	1,270

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	30,000	30,000