ACCOUNTS - Final Accounts Preparation

Registered number: SC689716

BRAND AGRI LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

BRAND AGRI LIMITED

COMPANY INFORMATION

Directors	Gordon James Brand
	Gregor James Brand


Registered number	SC689716


Registered office	10 Abbey Park Place
	Dunfermline
	KY12 7NZ


Accountants	EQ Accountants Limited
	Chartered Accountants
	14 City Quay
	Dundee
	DD1 3JA

BRAND AGRI LIMITED

REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BRAND AGRI LIMITED
FOR THE YEAR ENDED 28 FEBRUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BRAND AGRI LIMITED for the year ended 28 February 2025 which comprise the Statement of financial position and the related notes 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, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the Board of directors of BRAND AGRI 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 financial statements of BRAND AGRI LIMITED and state those matters that we have agreed to state to the Board of directors of BRAND AGRI LIMITED, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BRAND AGRI LIMITED and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that BRAND AGRI LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of BRAND AGRI LIMITED. You consider that BRAND AGRI LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of BRAND AGRI 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 financial statements.

EQ Accountants Limited

Chartered Accountants

14 City Quay

Dundee

DD1 3JA

30 April 2026

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BRAND AGRI LIMITED

REGISTERED NUMBER: SC689716

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2025

		2025		2024
		£		£

Fixed assets
Tangible assets		15,829		6,333
		15,829		6,333
Current assets
Debtors: amounts falling due within one year	18,289		50,477
Cash at bank and in hand	6,384		88
	24,673		50,565
Creditors: amounts falling due within one year	(15,425)		(8,869)
Net current assets		9,248		41,696
Total assets less current liabilities		25,077		48,029

Net assets		25,077		48,029

Capital and reserves
Called up share capital	100	100
Profit and loss account	24,977	47,929
	25,077	48,029

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 April 2026.

Gregor James Brand

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

BRAND AGRI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1.	General information

Brand Agri Limited is a private company, limited by shares, incorporated in Scotland with
registration number SC689716. The registered office is 10 Abbey Park Place, Dunfermline, Scotland, KY12 7NZ.
The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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BRAND AGRI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight line & reducing balance method..

Depreciation is provided on the following basis:

				Motor vehicles	-	25%	Reducing balance
				Office equipment	-	20%	Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Page 4

BRAND AGRI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost or valuation
	At 29 February 2024	6,999
	Additions	11,529
	At 28 February 2025	18,528
	Depreciation
	At 29 February 2024	666
	Charge for the year on owned assets	2,033
	At 28 February 2025	2,699
	Net book value
	At 28 February 2025	15,829
	At 28 February 2024	6,333

Debtors

					2025	2024
					£	£


Trade debtors	8,950	34,794
Other debtors	9,339	15,683
	18,289	50,477

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Accruals and deferred income	1,800	1,800
Other creditors	-	798
Other loans	1,133	-
Other taxation and social security	12,492	6,271
	15,425	8,869

Page 5

BRAND AGRI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

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