Registration number: SC139406

Scots Oak Properties Ltd

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Scots Oak Properties Ltd

(Registration number: SC139406)
Statement of Financial Position as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	160	213
Other financial assets	5	150,404	819,844
		150,564	820,057
Current assets
Debtors	6	1,789,748	1,919,681
Cash at bank and in hand		1,022,323	289,623
		2,812,071	2,209,304
Creditors: Amounts falling due within one year	7	(177,269)	(4,863)
Net current assets		2,634,802	2,204,441
Total assets less current liabilities		2,785,366	3,024,498
Provisions for liabilities		(2,402)	(24,030)
Net assets		2,782,964	3,000,468
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings	8	2,781,964	2,999,468
Shareholders' funds		2,782,964	3,000,468

For the financial 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.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.

Scots Oak Properties Ltd

(Registration number: SC139406)
Statement of Financial Position as at 31 August 2025 (continued)

Approved and authorised by the Board on 28 May 2026 and signed on its behalf by:



 

Mr A J Johnstone
Director

Scots Oak Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
C/O Walker Dunnett & Co
Dundee
Angus
DD1 3DG

The principal place of business is:
Rock House
Kinnaird
Inchture
Perthshire
PH14 9QZ

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Scots Oak Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	25% reducing balance

Investments

Listed investments are measured at fair value with changes in fair value being recognised in profit and loss.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 1 (2024 - 2).

Scots Oak Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

4	Tangible assets

	Office equipment £
Cost or valuation
At 1 September 2024	6,030
At 31 August 2025	6,030
Depreciation
At 1 September 2024	5,817
Charge for the year	53
At 31 August 2025	5,870
Carrying amount
At 31 August 2025	160
At 31 August 2024	213

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 September 2024	819,844	819,844
Fair value adjustments	(86,511)	(86,511)
Additions	34,842	34,842
Disposals	(617,771)	(617,771)
At 31 August 2025	150,404	150,404
Carrying amount
At 31 August 2025	150,404	150,404

Scots Oak Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

6

Debtors

	2025 £	2024 £
Other debtors	1,789,748	1,919,681
	1,789,748	1,919,681

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	3,528	-
Taxation and social security	169,394	422
Accruals and deferred income	3,708	3,468
Other creditors	639	973
	177,269	4,863

8

Reserves

	2025		2024
	£		£
Profit and loss - distributable	2,774,759		2,927,380
Revaluation on investments - undistributable	9,608		96,118
Deferred tax on revaluation of investments - undistributable	(2,403)		(24,030)
	2,781,964		2,999,468

Scots Oak Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

9

Dividends

		2025		2024
		£		£
Final dividend of £68,248.00 (2024 - £35,561.00) per ordinary share		68,248		35,561