IRIS Accounts Production v26.1.0.640 SC406707 Board of Directors Board of Directors 1.1.25 31.12.25 31.12.25 0 0 false true false false true false Fair value model Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC406707 2024-12-31 SC406707 2025-12-31 SC406707 2025-01-01 2025-12-31 SC406707 2023-12-31 SC406707 2024-01-01 2024-12-31 SC406707 2024-12-31 SC406707 ns15:Scotland 2025-01-01 2025-12-31 SC406707 ns14:PoundSterling 2025-01-01 2025-12-31 SC406707 ns10:Director1 2025-01-01 2025-12-31 SC406707 ns10:Director2 2025-01-01 2025-12-31 SC406707 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC406707 ns10:SmallEntities 2025-01-01 2025-12-31 SC406707 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC406707 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 SC406707 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC406707 ns10:FullAccounts 2025-01-01 2025-12-31 SC406707 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 SC406707 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 SC406707 ns10:OrdinaryShareClass3 2025-01-01 2025-12-31 SC406707 ns10:RegisteredOffice 2025-01-01 2025-12-31 SC406707 ns5:CurrentFinancialInstruments 2025-12-31 SC406707 ns5:CurrentFinancialInstruments 2024-12-31 SC406707 ns5:ShareCapital 2025-12-31 SC406707 ns5:ShareCapital 2024-12-31 SC406707 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-12-31 SC406707 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-12-31 SC406707 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 SC406707 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC406707 ns5:FurnitureFittings 2024-12-31 SC406707 ns5:ComputerEquipment 2024-12-31 SC406707 ns5:FurnitureFittings 2025-12-31 SC406707 ns5:ComputerEquipment 2025-12-31 SC406707 ns5:FurnitureFittings 2024-12-31 SC406707 ns5:ComputerEquipment 2024-12-31 SC406707 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 SC406707 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 SC406707 ns10:OrdinaryShareClass1 2025-12-31 SC406707 ns10:OrdinaryShareClass2 2025-12-31 SC406707 ns10:OrdinaryShareClass3 2025-12-31

REGISTERED NUMBER: SC406707 (Scotland)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Melville Estates Ltd. |

| Melville Estates Ltd. (Registered number: SC406707) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Melville Estates Ltd. |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | C R Campbell

| H R Campbell

| REGISTERED OFFICE: | 6 Logie Mill

| Edinburgh

| Lothian

| EH7 4HG

| REGISTERED NUMBER: | SC406707 (Scotland)

| ACCOUNTANTS: | A H & Co Ltd

| Chartered Accountants

| 6 Logie Mill

| Edinburgh

| Lothian

| EH7 4HG

| Melville Estates Ltd. (Registered number: SC406707) |

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | - |  |

Investment property | 5 | 491,228 |  | 488,992 |  |

491,228 |  | 488,992 |  |

CURRENT ASSETS

Debtors | 6 | 9,509 |  | 9,511 |  |

Cash at bank | 101,269 |  | 124,973 |  |

110,778 |  | 134,484 |  |

CREDITORS

Amounts falling due within one year | 7 | 370,773 |  | 437,468 |  |

NET CURRENT LIABILITIES | (259,995 | ) | (302,984 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 231,233 |  | 186,008 |  |

PROVISIONS FOR LIABILITIES | - |  | 1,600 |  |

NET ASSETS | 231,233 |  | 184,408 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Fair value reserve | 10,480 |  | 10,480 |  |

Retained earnings | 220,653 |  | 173,828 |  |

SHAREHOLDERS' FUNDS | 231,233 |  | 184,408 |  |

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.

| Melville Estates Ltd. (Registered number: SC406707) |

Balance Sheet - continued

31 December 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 8 May 2026 and were signed on its behalf by:

C R Campbell - Director

H R Campbell - Director

| Melville Estates Ltd. (Registered number: SC406707) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

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

| The financial statements have been prepared on a going concern basis, the acceptability of which is dependent on the continued support of the directors.

| Turnover

| Turnover 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.

| Tangible fixed assets are stated at cost [or valuation], net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cos, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

| Fixtures and fittings - 10% per annum

| Computer equipment - 10% per annum

| Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Investment property

| Investment properties, for which fair value can be measured reliably without undue cost or effort on an ongoing basis, are measured at fair value annually with any change recognised in the profit and loss account.

| In accordance with Financial Reporting Standard 102 no depreciation is provided in respect of freehold properties held as investment properties where fair value can be measured reliably without undue cost or effort. This is a departure from the requirements of the Companies Act 2006, which requires all properties to be depreciated. Such properties are held for investment and not for consumption, and the directors consider that to depreciate them would not give a true and fair view.

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| 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.

| Melville Estates Ltd. (Registered number: SC406707) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Provisions

| Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

| Exemption from preparing a cash flow statement

| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025

| and 31 December 2025 | 8,000 |  | 493 |  | 8,493 |  |

| DEPRECIATION

| At 1 January 2025

| and 31 December 2025 | 8,000 |  | 493 |  | 8,493 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | - |  | - |  |

| At 31 December 2024 | - |  | - |  | - |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025 | 488,992 |  |

| Additions | 2,236 |  |

| At 31 December 2025 | 491,228 |  |

| NET BOOK VALUE

| At 31 December 2025 | 491,228 |  |

| At 31 December 2024 | 488,992 |  |

| Melville Estates Ltd. (Registered number: SC406707) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | INVESTMENT PROPERTY - continued

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2017 | 31,010 |  |

| Valuation in 2022 | (19,500 | ) |

| Cost | 479,718 |  |

491,228 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

| 31.12.25 |  | 31.12.24

£ | £ |

| Cost | 477,482 |  | 477,482 |  |

| Investment property was valued on an open market basis on 9 September 2022 by Colliers International .

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Other debtors | 9,509 |  | 9,511 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | - |  | 172 |  |

| Taxation and social security | 11,204 |  | 7,241 |  |

| Other creditors | 359,569 |  | 430,055 |  |

370,773 |  | 437,468 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.25 |  | 31.12.24

| value: | £ | £ |

| 98 | Ordinary | £1 | 98 |  | 98 |  |

| 1 | Ordinary A | £1 | 1 |  | 1 |  |

| 1 | Ordinary B | £1 | 1 |  | 1 |  |

100 |  | 100 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| As at 31 December 2025 the company owed the directors £357,678 (2024: £428,164).

10. | RELATED PARTY DISCLOSURES

| There were no related party transactions in the year (2024: none).

11. | ULTIMATE CONTROLLING PARTY

| There is no ultimate controlling party.