REGISTERED NUMBER: SC454914 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Atholl Scott Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Sutherland

G Addison

REGISTERED OFFICE:

Victoria House

13 Victoria Street

ABERDEEN

Aberdeenshire

AB10 1XB

REGISTERED NUMBER:

SC454914 (Scotland)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

38,862

44,209

38,862

44,209

CURRENT ASSETS

Stocks

496

1,956

Debtors

6

562,298

526,761

Cash at bank and in hand

162,158

203,088

724,952

731,805

CREDITORS

Amounts falling due within one year

7

(331,119

)

(468,407

)

NET CURRENT ASSETS

393,833

263,398

TOTAL ASSETS LESS CURRENT LIABILITIES

432,695

307,607

PROVISIONS FOR LIABILITIES

(7,068

)

(8,255

)

NET ASSETS

425,627

299,352

CAPITAL AND RESERVES

Called up share capital

332

332

Revaluation reserve

9

5,999

5,999

Capital redemption reserve

34

34

Capital contribution

-

46,980

Retained earnings

419,262

246,007

SHAREHOLDERS' FUNDS

425,627

299,352

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

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 29 April 2026 and were signed on its behalf by:

M Sutherland - Director

1.	STATUTORY INFORMATION

Atholl Scott Ltd 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 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 amounts receivable for services rendered during the year, exclusive of value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance, 15% on reducing balance and 4% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

1,150,000

AMORTISATION

At 1 January 2025

and 31 December 2025

1,150,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 January 2025

80,814

Additions

3,152

At 31 December 2025

83,966

DEPRECIATION

At 1 January 2025

36,605

Charge for year

8,499

At 31 December 2025

45,104

NET BOOK VALUE

At 31 December 2025

38,862

At 31 December 2024

44,209

Cost or valuation at 31 December 2025 is represented by:

Plant and

machinery

etc

£

Valuation in 2014

5,999

Cost

77,967

83,966

If furniture and equipment had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

17,459

15,812

Aggregate depreciation

9,745

8,380

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

505,685

471,856

Other debtors

56,613

54,905

562,298

526,761

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

20,517

20,385

Taxation and social security

242,183

207,593

Other creditors

68,419

240,429

331,119

468,407

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

66,291

86,954

Between one and five years

64,469

130,760

130,760

217,714

9.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

5,999

10.	ULTIMATE CONTROLLING PARTY