| REGISTERED NUMBER: |
| Littledane Limited |
| Unaudited Financial Statements |
| for the Year Ended 31st December 2025 |
| REGISTERED NUMBER: |
| Littledane Limited |
| Unaudited Financial Statements |
| for the Year Ended 31st December 2025 |
| Littledane Limited (Registered number: SC225303) |
| Contents of the Financial Statements |
| for the year ended 31st December 2025 |
| Page |
| Company information | 1 |
| Balance sheet | 2 | to | 3 |
| Notes to the financial statements | 4 | to | 6 |
| Littledane Limited |
| Company Information |
| for the year ended 31st December 2025 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Academy House |
| Shedden Park Road |
| Kelso |
| Roxburghshire |
| TD5 7AL |
| Littledane Limited (Registered number: SC225303) |
| Balance Sheet |
| 31st December 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Revaluation reserve | 9 |
| Retained earnings | 969,427 | 914,452 |
| Shareholders' funds |
| Littledane Limited (Registered number: SC225303) |
| Balance Sheet - continued |
| 31st December 2025 |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Littledane Limited (Registered number: SC225303) |
| Notes to the Financial Statements |
| for the year ended 31st December 2025 |
| 1. | Statutory information |
| Littledane Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Investment property | - |
| Plant and machinery | - |
| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. |
| Financial instruments |
| The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, Director's loans, other loans and bank loans. |
| Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method. |
| Trade debtors, Director's loans, other loans, accruals and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
| Financial assets that are measured at 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 statement of income and retained earnings. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
| Littledane Limited (Registered number: SC225303) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2025 |
| 2. | Accounting policies - continued |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Provisions |
| Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. |
| Going concern |
| The directors have considered the company's financial position for a period of 12 months and beyond from the date of signing these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements. |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | Tangible fixed assets |
| Investment | Plant and |
| property | machinery | Totals |
| £ | £ | £ |
| Cost or valuation |
| At 1st January 2025 |
| Additions |
| At 31st December 2025 |
| Depreciation |
| At 1st January 2025 |
| Charge for year |
| At 31st December 2025 |
| Net book value |
| At 31st December 2025 |
| At 31st December 2024 |
| Cost or valuation at 31st December 2025 is represented by: |
| Investment | Plant and |
| property | machinery | Totals |
| £ | £ | £ |
| Valuation in 2008 | 3,430,941 | - | 3,430,941 |
| Valuation in 2012 | 2,474,051 | - | 2,474,051 |
| Valuation in 2023 | 2,955,561 | - | 2,955,561 |
| Cost | 2,513,071 | 138,500 | 2,651,571 |
| 11,373,624 | 138,500 | 11,512,124 |
| Littledane Limited (Registered number: SC225303) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2025 |
| 5. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| 7. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans due after five years | 1,800,000 | 1,800,000 |
| 8. | Secured debts |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Clydesdale Bank PLC holds a floating charge over the property and assets of the company. |
| 9. | Reserves |
| The revaluation reserve relates to a revaluation under old UK GAAP. |
| 10. | Directors' advances, credits and guarantees |
| Included within other debtors are the following loans to directors: |
| at 1 Jan | Amount | Amount | at 31 Dec |
| 2025 | Advanced | Repaid | 2025 |
| Director 1 | 38 | - | - | 38 |
| Total | 38 | - | - | 38 |
| This loan is unsecured, interest free and it is repayable on demand. |