Drumbain Energy Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC383041 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

DRUMBAIN ENERGY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Crawford

Mrs C S W Crawford

SECRETARY:

J R Crawford

REGISTERED OFFICE:

Dowhill Farm

Turnberry

GIRVAN

Ayrshire

KA26 9JP

REGISTERED NUMBER:

SC383041 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.

Chartered Accountants

24 Beresford Terrace

Ayr

KA7 2EG

FIXED ASSETS

Intangible assets

4

600,000

675,000

Tangible assets

5

1,091,185

1,137,233

Investments

6

1,824,929

3,516,114

3,637,162

CURRENT ASSETS

Stocks

173,594

Debtors

7

25,168

69,070

Cash at bank and in hand

30,780

27,409

229,542

270,073

CREDITORS

Amounts falling due within one year

8

287,828

359,897

NET CURRENT LIABILITIES

(58,286

)

(89,824

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,457,828

3,547,338

CREDITORS

Amounts falling due after more than one
year

9

(1,515,873

)

(1,624,963

)

PROVISIONS FOR LIABILITIES

10

(27,657

)

(35,746

)

NET ASSETS

1,914,298

1,886,629

CAPITAL AND RESERVES

Called up share capital

11

4

Retained earnings

12

1,914,294

1,886,625

SHAREHOLDERS' FUNDS

1,914,298

1,886,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

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

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 27 May 2026 and were signed on its behalf by:

J R Crawford - Director

1.	STATUTORY INFORMATION

Drumbain Energy 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.

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 as modified by the revaluation of certain assets.

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 0, is being amortised evenly over its estimated useful life of nil 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.

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

750,000

AMORTISATION

At 1 September 2024

75,000

Charge for year

75,000

At 31 August 2025

150,000

NET BOOK VALUE

At 31 August 2025

600,000

At 31 August 2024

675,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 September 2024

949,765

247,953

1,197,718

Disposals

-

(33,339

)

(33,339

)

At 31 August 2025

949,765

214,614

1,164,379

DEPRECIATION

At 1 September 2024

4,817

55,668

60,485

Charge for year

4,817

24,942

29,759

Eliminated on disposal

-

(17,050

)

(17,050

)

At 31 August 2025

9,634

63,560

73,194

NET BOOK VALUE

At 31 August 2025

940,131

151,054

1,091,185

At 31 August 2024

944,948

192,285

1,137,233

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2024

and 31 August 2025

1,824,929

NET BOOK VALUE

At 31 August 2025

1,824,929

At 31 August 2024

1,824,929

7.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

22,189

22,180

VAT

2,979

3,584

25,168

25,764

Amounts falling due after more than one year:

Loan to Dowhill Country Fayre

-

(1,344

)

Loan to Dowhill Farm

-

45,994

Loan to Seafield

-

(1,344

)

-

43,306

Aggregate amounts

25,168

69,070

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

28,000

Other loans

64,952

81,932

Dalbeattie finance loan

11,250

14,250

Hire purchase contracts

8,980

25,330

Trade creditors

145,857

148,906

Tax

280

Directors' current accounts

28,509

61,198

Accrued expenses

-

1

287,828

359,897

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 2-5 years

13,398

18,791

Barclays Bounce Back Loan

58,313

69,126

Bank of Scotland Loan

1,344,809

Bank of Scotland loan

99,353

192,237

1,515,873

1,624,963

Amounts falling due in more than five years:

Repayable by instalments

Barclays Bounce Back Loan

58,313

69,126

Bank of Scotland Loan

1,344,809

Bank of Scotland loan

99,353

192,237

1,502,475

1,606,172

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

27,657

35,746

Deferred

tax

£

Balance at 1 September 2024

35,746

Provided during year

(8,089

)

Balance at 31 August 2025

27,657

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

4

Ordinary

£1

4

12.

RESERVES

Retained

earnings

£

At 1 September 2024

1,886,625

Profit for the year

27,669

At 31 August 2025

1,914,294

13.	RELATED PARTY DISCLOSURES

Throughout the year to 31st August 2025 the company was under the immediate and ultimate control of the directors. As at 31st August 2025 the directors were owed £28508 .(2024 £61,198)