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Company Registration No. SC585652 (Scotland)
Swanston Farm Holdings Limited Unaudited accounts for the year ended 31 December 2025
Swanston Farm Holdings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Swanston Farm Holdings Limited Company Information for the year ended 31 December 2025
Directors
AW McClung AL McClung
Company Number
SC585652 (Scotland)
Registered Office
111 Swanston Road Edinburgh Midlothian EH10 7DS Scotland
Accountants
Bridge of Allan Enterprise Ltd "The Summerhouse" 29A Kenilworth Road, Bridge of Allan Stirling FK9 4EH
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Swanston Farm Holdings Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
1,126,722
1,126,722
Current assets
Debtors
5
224,613
202,098
Creditors: amounts falling due within one year
6
(342)
(342)
Net current assets
224,271
201,756
Net assets
1,350,993
1,328,478
Capital and reserves
Called up share capital
643
643
Capital redemption reserve
1,125,737
1,125,737
Profit and loss account
224,613
202,098
Shareholders' funds
1,350,993
1,328,478
For the year ending 31 December 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 15 May 2026 and were signed on its behalf by
AW McClung Director Company Registration No. SC585652
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Swanston Farm Holdings Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Swanston Farm Holdings Limited is a private company, limited by shares, registered in Scotland, registration number SC585652. The registered office is 111 Swanston Road, Edinburgh, Midlothian, EH10 7DS, 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.
Preparation of Consolidated Financial Statements
The financial statements contain information about Swanston Farm Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Investments in Subsidiaries
Investments in subsidiary undertakings are recognised at cost and reviewed annually for impairment.
Income Recognition
The company is a non-trading holding company and derives income from: - dividend distributions from subsidiary holdings; and - interest distributions from debt instruments. Income is recognised once the company as a legal entitlement to receipt.
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Swanston Farm Holdings Limited Notes to the Accounts for the year ended 31 December 2025
Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties. Short-term debt instruments, including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, 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 the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
4
Investments
Subsidiary undertakings
£
Valuation at 1 January 2025
1,126,722
Valuation at 31 December 2025
1,126,722
The value of the investments is the original cost and net book value.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
224,613
202,098
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
342
342
7
Transactions with related parties
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.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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