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REGISTERED NUMBER: SC241320 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Rural Renaissance Limited

Rural Renaissance Limited (Registered number: SC241320)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

Rural Renaissance Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Mr Michael John Crawford

| Mrs Deborah Crawford

| Mr Donald John Crawford

| REGISTERED OFFICE: | Priorwood House

| High Road

| Melrose

| TD6 9EF

| REGISTERED NUMBER: | SC241320 (Scotland)

| ACCOUNTANTS: | EQ Accountants Ltd

| 47-49 The Square

| Kelso

| Roxburghshire

| TD5 7HW

Rural Renaissance Limited (Registered number: SC241320)

Balance Sheet

31 March 2025

| 31/3/25 | 31/3/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 5,247 |  | 13,117 |  |

Investments | 5 | 24 |  | 24 |  |

Investment property | 6 | - |  | 9,894 |  |

5,271 |  | 23,035 |  |

CURRENT ASSETS

Inventories | 235,458 |  | 292,088 |  |

Debtors | 7 | 920,508 |  | 925,006 |  |

Cash at bank and in hand | 2,030 |  | 124,316 |  |

1,157,996 |  | 1,341,410 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,277,597 |  | 2,655,299 |  |

NET CURRENT LIABILITIES | (119,601 | ) | (1,313,889 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (114,330 | ) | (1,290,854 | ) |

CREDITORS

Amounts falling due after more than one year | 9 | 2,500 |  | 12,500 |  |

NET LIABILITIES | (116,830 | ) | (1,303,354 | ) |

CAPITAL AND RESERVES

Called up share capital | 303,151 |  | 303,151 |  |

Retained earnings | (419,981 | ) | (1,606,505 | ) |

SHAREHOLDERS' FUNDS | (116,830 | ) | (1,303,354 | ) |

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

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

Rural Renaissance Limited (Registered number: SC241320)

Balance Sheet - continued

31 March 2025

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 11 May 2026 and were signed on its behalf by:

Mr Michael John Crawford - Director

Rural Renaissance Limited (Registered number: SC241320)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Rural Renaissance 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 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.

| Going Concern

| The directors have made an assessment of the company's ability to continue as a going concern. The directors monitor cash flow on a daily basis and review financial forecasts and cash flow projections.

| In the opinion of the directors it remains appropriate to prepare the financial statements on a going concern basis.

| Turnover

| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | Straight line over 5 years

| Motor vehicles | - | Straight line over 5 years

| Computer equipment | - | Straight line over 5 years

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method; Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Rural Renaissance Limited (Registered number: SC241320)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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 7 (2024 - 8 ) .

Rural Renaissance Limited (Registered number: SC241320)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | PROPERTY, PLANT AND EQUIPMENT

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024 | 72,832 |  |

| Additions | 21,984 |  |

| At 31 March 2025 | 94,816 |  |

| DEPRECIATION

| At 1 April 2024 | 59,715 |  |

| Charge for year | 29,854 |  |

| At 31 March 2025 | 89,569 |  |

| NET BOOK VALUE

| At 31 March 2025 | 5,247 |  |

| At 31 March 2024 | 13,117 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024 | 39,350 |  |

| Additions | 21,984 |  |

| At 31 March 2025 | 61,334 |  |

| DEPRECIATION

| At 1 April 2024 | 26,233 |  |

| Charge for year | 21,984 |  |

| At 31 March 2025 | 48,217 |  |

| NET BOOK VALUE

| At 31 March 2025 | 13,117 |  |

| At 31 March 2024 | 13,117 |  |

Rural Renaissance Limited (Registered number: SC241320)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | FIXED ASSET INVESTMENTS

| Interest

| in joint

| venture

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 24 |  |

| NET BOOK VALUE

| At 31 March 2025 | 24 |  |

| At 31 March 2024 | 24 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 9,894 |  |

| Disposals | (9,894 | ) |

| At 31 March 2025 | - |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | 9,894 |  |

7. | DEBTORS

| 31/3/25 |  | 31/3/24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 84,708 |  | 165,840 |  |

| Other debtors | 34,465 |  | 49,852 |  |

119,173 |  | 215,692 |  |

| Amounts falling due after more than one year:

| Amounts owed by joint ventures | 801,335 |  | 709,314 |  |

| Aggregate amounts | 920,508 |  | 925,006 |  |

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

| 31/3/25 |  | 31/3/24

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 667,795 |  |

| Hire purchase contracts (see note 10) | - |  | 6,231 |  |

| Trade creditors | 179,865 |  | 216,482 |  |

| Amounts owed to joint ventures | 273,477 |  | 156,973 |  |

| Taxation and social security | 76,632 |  | 38,271 |  |

| Other creditors | 737,623 |  | 1,569,547 |  |

1,277,597 |  | 2,655,299 |  |

Rural Renaissance Limited (Registered number: SC241320)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/3/25 |  | 31/3/24

£ | £ |

| Bank loans | 2,500 |  | 12,500 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| 31/3/25 |  | 31/3/24 |

£ | £ |

| Net obligations repayable:

| Within one year | - |  | 6,231 |  |

11. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31/3/25 |  | 31/3/24

£ | £ |

| Bank loans | 12,500 |  | 680,295 |  |

| Other loans | - |  | 485,926 |  |

12,500 |  | 1,166,221 |  |

| The Bank of Scotland plc has a floating charge covering all property or undertakings of the company and several charges covering land owned by the company.