Waymurr Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Waymurr Limited for the year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Waymurr Limited which comprise the Profit and Loss Account, the Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Waymurr 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 accounts of Waymurr Limited and state those matters that we have agreed to state to the directors of Waymurr Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Waymurr Limited and its directors as a body for our work or for this report.

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

We have not been instructed to carry out an audit or a review of the accounts of Waymurr 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 financial statements.

29 April 2026

Nuvo Scotland Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeen

AB12 4XX

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Waymurr Limited

Balance Sheet

As At 31 October 2025

Balance Sheet

Registered number: SC760349

		31 October 2025		31 October 2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1,402,882		1,402,882

			1,402,882		1,402,882
CURRENT ASSETS
Debtors	5	132,401		160,908
Cash at bank and in hand		172		879

		132,573		161,787
Creditors: Amounts Falling Due Within One Year	6	(383,637 )		(405,404 )

NET CURRENT ASSETS (LIABILITIES)			(251,064 )		(243,617 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,151,818		1,159,265

NET ASSETS			1,151,818		1,159,265

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			1,151,816		1,159,263

SHAREHOLDERS' FUNDS			1,151,818		1,159,265

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Waymurr Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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.

The financial statements were approved by the board of directors on 28 April 2026 and were signed on its behalf by:

Mrs A Lawson

Director

The notes on pages 4 to 6 form part of these financial statements.

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Waymurr Limited

Notes to the Financial Statements

For The Year Ended 31 October 2025

Notes to the Financial Statements

1. General Information

Waymurr Limited is a private company, limited by shares, incorporated in Scotland, registered number SC760349 . The registered office is 31 - 33 Union Grove, Aberdeen, AB10 6SD.

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

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. Turnover

Turnover comprises management charges receivable. Management charges are recgonised net of VAT and in the period in to which they relate.

2.3. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Waymurr Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

3. Average Number of Employees

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

4. Investments

	Unlisted
	£
Cost or Valuation
As at 1 November 2024	1,402,882

As at 31 October 2025	1,402,882

Provision
As at 1 November 2024	-

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	1,402,882

As at 1 November 2024	1,402,882

5. Debtors

	31 October 2025	31 October 2024
	£	£
Due within one year
VAT	30	-
Amounts owed by group undertakings	132,371	160,908

	132,401	160,908

6. Creditors: Amounts Falling Due Within One Year

	31 October 2025	31 October 2024
	£	£
Corporation tax	-	23,455
Other creditors	41,616	83,232
Accruals and deferred income	1,440	1,000
Directors' loan accounts	340,581	297,717

	383,637	405,404

7. Share Capital

	31 October 2025	31 October 2024
	£	£
Allotted, Called up and fully paid	2	2

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Waymurr Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr John Lawson	(297,406 )	(21,432 )	-	-	(318,838 )
Mrs Alison Lawson	(311 )	(21,432 )	-	-	(21,743 )

The above loan is interest free and has no fixed repayment terms.

9. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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