IRIS Accounts Production v26.1.10.61 SC272661 Board of Directors Board of Directors 1.2.25 31.1.26 31.1.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC272661 2025-01-31 SC272661 2026-01-31 SC272661 2025-02-01 2026-01-31 SC272661 2024-01-31 SC272661 2024-02-01 2025-01-31 SC272661 2025-01-31 SC272661 ns15:Scotland 2025-02-01 2026-01-31 SC272661 ns14:PoundSterling 2025-02-01 2026-01-31 SC272661 ns10:Director1 2025-02-01 2026-01-31 SC272661 ns10:Director2 2025-02-01 2026-01-31 SC272661 ns10:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC272661 ns10:SmallEntities 2025-02-01 2026-01-31 SC272661 ns10:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 SC272661 ns10:SmallCompaniesRegimeForDirectorsReport 2025-02-01 2026-01-31 SC272661 ns10:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC272661 ns10:FullAccounts 2025-02-01 2026-01-31 SC272661 1 2025-02-01 2026-01-31 SC272661 ns10:Director3 2025-02-01 2026-01-31 SC272661 ns10:Director4 2025-02-01 2026-01-31 SC272661 ns10:RegisteredOffice 2025-02-01 2026-01-31 SC272661 ns5:CurrentFinancialInstruments 2026-01-31 SC272661 ns5:CurrentFinancialInstruments 2025-01-31 SC272661 ns5:Non-currentFinancialInstruments 2026-01-31 SC272661 ns5:Non-currentFinancialInstruments 2025-01-31 SC272661 ns5:ShareCapital 2026-01-31 SC272661 ns5:ShareCapital 2025-01-31 SC272661 ns5:RetainedEarningsAccumulatedLosses 2026-01-31 SC272661 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 SC272661 ns5:NetGoodwill 2025-02-01 2026-01-31 SC272661 ns5:IntangibleAssetsOtherThanGoodwill 2025-02-01 2026-01-31 SC272661 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2025-02-01 2026-01-31 SC272661 ns5:LeaseholdImprovements 2025-02-01 2026-01-31 SC272661 ns5:FurnitureFittings 2025-02-01 2026-01-31 SC272661 ns5:ComputerEquipment 2025-02-01 2026-01-31 SC272661 ns5:NetGoodwill 2025-01-31 SC272661 ns5:NetGoodwill 2026-01-31 SC272661 ns5:NetGoodwill 2025-01-31 SC272661 ns5:LandBuildings 2025-01-31 SC272661 ns5:LeaseholdImprovements 2025-01-31 SC272661 ns5:FurnitureFittings 2025-01-31 SC272661 ns5:ComputerEquipment 2025-01-31 SC272661 ns5:LandBuildings 2025-02-01 2026-01-31 SC272661 ns5:LandBuildings 2026-01-31 SC272661 ns5:LeaseholdImprovements 2026-01-31 SC272661 ns5:FurnitureFittings 2026-01-31 SC272661 ns5:ComputerEquipment 2026-01-31 SC272661 ns5:LandBuildings 2025-01-31 SC272661 ns5:LeaseholdImprovements 2025-01-31 SC272661 ns5:FurnitureFittings 2025-01-31 SC272661 ns5:ComputerEquipment 2025-01-31 SC272661 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-01-31 SC272661 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31

REGISTERED NUMBER: SC272661 (Scotland)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Ben Wyvis Kilts Limited

Ben Wyvis Kilts Limited (Registered number: SC272661)

Contents of the Financial Statements

for the Year Ended 31 January 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Ben Wyvis Kilts Limited

Company Information

for the Year Ended 31 January 2026

| DIRECTORS: | Ms V A Allan

| Ms C Anderson

| Mrs A L McKenzie

| D M Anderson

| REGISTERED OFFICE: | 43 Church Street

| Inverness

| IV1 1DR

| REGISTERED NUMBER: | SC272661 (Scotland)

| ACCOUNTANTS: | Cowan & Partners Limited

| 60 Constitution Street

| Edinburgh

| EH6 6RR

Ben Wyvis Kilts Limited (Registered number: SC272661)

Balance Sheet

31 January 2026

| 31.1.26 | 31.1.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 403,832 |  | 392,242 |  |

403,832 |  | 392,242 |  |

CURRENT ASSETS

Stocks | 275,664 |  | 233,012 |  |

Debtors | 6 | 16,864 |  | 14,647 |  |

Cash at bank and in hand | 8,916 |  | 50,439 |  |

301,444 |  | 298,098 |  |

CREDITORS

Amounts falling due within one year | 7 | 108,908 |  | 126,285 |  |

NET CURRENT ASSETS | 192,536 |  | 171,813 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 596,368 |  | 564,055 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (91,527 | ) | (145,396 | ) |

PROVISIONS FOR LIABILITIES | (20,711 | ) | (17,814 | ) |

NET ASSETS | 484,130 |  | 400,845 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 484,030 |  | 400,745 |  |

484,130 |  | 400,845 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

Ben Wyvis Kilts Limited (Registered number: SC272661)

Balance Sheet - continued

31 January 2026

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 25 May 2026 and were signed on its behalf by:

D M Anderson - Director

Mrs A L McKenzie - Director

Ben Wyvis Kilts Limited (Registered number: SC272661)

Notes to the Financial Statements

for the Year Ended 31 January 2026

1. | STATUTORY INFORMATION

| Ben Wyvis Kilts 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.

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

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.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property | - | Not provided

| Improvements to property | - | 10% on cost

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 33% on cost

| An impairment review was carried out at the year end and no signs of impairment to any fixed asset was noted.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

| 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.

Ben Wyvis Kilts Limited (Registered number: SC272661)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

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.

| Hire purchase and leasing commitments

| 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 12 (2025 - 11 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 February 2025

| and 31 January 2026 | 80,000 |  |

| AMORTISATION

| At 1 February 2025

| and 31 January 2026 | 80,000 |  |

| NET BOOK VALUE

| At 31 January 2026 | - |  |

| At 31 January 2025 | - |  |

Ben Wyvis Kilts Limited (Registered number: SC272661)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| Freehold |  | to |  | and |  | Computer |

| property |  | property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 February 2025 | 320,988 |  | 82,101 |  | 40,890 |  | 1,048 |  | 445,027 |  |

| Additions | - |  | 27,687 |  | - |  | 765 |  | 28,452 |  |

| Disposals | - |  | (2,994 | ) | - |  | - |  | (2,994 | ) |

| At 31 January 2026 | 320,988 |  | 106,794 |  | 40,890 |  | 1,813 |  | 470,485 |  |

| DEPRECIATION

| At 1 February 2025 | - |  | 14,685 |  | 37,413 |  | 687 |  | 52,785 |  |

| Charge for year | - |  | 10,679 |  | 3,038 |  | 450 |  | 14,167 |  |

| Eliminated on disposal | - |  | (299 | ) | - |  | - |  | (299 | ) |

| At 31 January 2026 | - |  | 25,065 |  | 40,451 |  | 1,137 |  | 66,653 |  |

| NET BOOK VALUE

| At 31 January 2026 | 320,988 |  | 81,729 |  | 439 |  | 676 |  | 403,832 |  |

| At 31 January 2025 | 320,988 |  | 67,416 |  | 3,477 |  | 361 |  | 392,242 |  |

| An impairment review was carried out at the year end and no signs of impairment to any fixed asset was noted.

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

| 31.1.26 |  | 31.1.25

£ | £ |

| Trade debtors | 9,502 |  | 13,920 |  |

| Other debtors | 7,362 |  | 727 |  |

16,864 |  | 14,647 |  |

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

| 31.1.26 |  | 31.1.25

£ | £ |

| Bank loans and overdrafts | 16,500 |  | 39,355 |  |

| Trade creditors | 13,155 |  | 7,060 |  |

| Taxation and social security | 61,144 |  | 62,901 |  |

| Other creditors | 18,109 |  | 16,969 |  |

108,908 |  | 126,285 |  |

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

| 31.1.26 |  | 31.1.25

£ | £ |

| Bank loans | 91,527 |  | 145,396 |  |

Ben Wyvis Kilts Limited (Registered number: SC272661)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

| 31.1.26 |  | 31.1.25

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 25,527 |  | 49,241 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.1.26 |  | 31.1.25

£ | £ |

| Bank loan | - |  | 118,048 |  |

| Royal Bank of Scotland hold a fixed bond and floating charge over all assets of the company.

| Together Commercial Finance Limited have security over the property at 43 Church Street, Inverness, IV1 1DR.

10. | OTHER INCOME

| Other income in the prior period shown in the accounts relates to an insurance payout due to damage to the company premises due to a flood. This is exceptional income and will not be repeated.