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Company Registration No. SC637898 (Scotland)
Ediston (NTN) Limited Unaudited accounts for the year ended 31 August 2025
Ediston (NTN) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ediston (NTN) Limited Company Information for the year ended 31 August 2025
Directors
Rankin Vallance Laing Daniel O'Neill Andrew David McKinlay
Company Number
SC637898 (Scotland)
Registered Office
1 St Andrew Square Edinburgh EH2 2BD Scotland
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Ediston (NTN) Limited Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
4
495,176 
695,223 
Cash at bank and in hand
32,910 
96,809 
528,086 
792,032 
Creditors: amounts falling due within one year
5
(419,093)
(696,835)
Net current assets
108,993 
95,197 
Net assets
108,993 
95,197 
Capital and reserves
Called up share capital
925 
925 
Capital redemption reserve
75 
75 
Profit and loss account
107,993 
94,197 
Shareholders' funds
108,993 
95,197 
For the year ending 31 August 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 April 2026 and were signed on its behalf by
Rankin Vallance Laing Director Company Registration No. SC637898
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Ediston (NTN) Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Ediston (NTN) Limited is a private company, limited by shares, registered in Scotland, registration number SC637898. The registered office is 1 St Andrew Square, Edinburgh, EH2 2BD, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on a going concern basis. The directors have assessed the Company's ability to continue as a going concern and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing these financial statements.
Revenue Recognition
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profits for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
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Ediston (NTN) Limited Notes to the Accounts for the year ended 31 August 2025
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments, which include trade and other receivables and cash and bank balances, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Basic financial liabilities, which include trade and other payables, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt Instrument. Other financial instruments. including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, In which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised through profit or loss.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
11,991 
Trade debtors
30,000 
- 
Accrued income and prepayments
25,929 
24,687 
Other debtors
439,247 
658,545 
495,176 
695,223 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
848 
- 
Trade creditors
414,000 
665,400 
Taxes and social security
4,245 
4,675 
Accruals
- 
26,760 
419,093 
696,835 
6
Transactions with related parties
Included within other debtors are amounts of £356,571 (2024: £496,206) due from Benmore Homes Limited, £78,840 (2024: £12,000) due from Ediston (RES) Limited and £2,911 (2024: nil) from Ediston SPF Co-Invest No.2 Limited. The prior year balance due from Ediston Homes (Paisley) Limited of £124,030, Ediston Capital Limited of £6,900 were settled during the year. All are associated companies with common directorships. During the year, the Company received interest of £8,026 (2024: £4.030) from Ediston Homes (Paisley) Limited and £154 (2024: £484) from Celtic Deal No.4 Limited. Included within trade creditors is an amount of £414,000 (2024: £662,400) due to Ediston Properties Limited, which is an associated company with common directorships.
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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