REGISTERED NUMBER: SC139467 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

MARLAND INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R L Mitchell

Miss J C Landels

REGISTERED OFFICE:

24a Ainslie Place

Edinburgh

Midlothian

EH3 6AJ

REGISTERED NUMBER:

SC139467 (Scotland)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

BANKERS:

The Royal Bank of Scotland plc

Edinburgh Leith Branch

2 Bernard Street

Leith

Edinburgh

EH6 6PU

SOLICITORS:

Lindsays

Caledonian Exchange

19a Canning Street

Edinburgh

EH3 8HE

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

1,770,000

1,770,000

1,770,000

1,770,000

CURRENT ASSETS

Debtors

6

14,271

29,574

Cash at bank

89,969

115,256

104,240

144,830

CREDITORS

Amounts falling due within one year

7

140,818

131,095

NET CURRENT (LIABILITIES)/ASSETS

(36,578

)

13,735

TOTAL ASSETS LESS CURRENT LIABILITIES

1,733,422

1,783,735

PROVISIONS FOR LIABILITIES

227,692

302,445

NET ASSETS

1,505,730

1,481,290

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

8

1,253,157

1,178,404

Retained earnings

252,571

302,884

SHAREHOLDERS' FUNDS

1,505,730

1,481,290

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 29 May 2026 and were signed on its behalf by:

Miss J C Landels - Director

1.	STATUTORY INFORMATION

Marland Investments Ltd 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 (£), rounded to the nearest £.

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 represents the total of rent and other income receivable by the company for letting of own property.

Tangible fixed assets

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

Computer equipment

-

33% on reducing balance

Investment property

The company carries investment property at fair value with changes in fair value being recognised in the Income Statement. Any such changes together with the related deferred tax are transferred to a Fair Value reserve.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2024

and 31 August 2025

2,076

DEPRECIATION

At 1 September 2024

and 31 August 2025

2,076

NET BOOK VALUE

At 31 August 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

1,770,000

NET BOOK VALUE

At 31 August 2025

1,770,000

At 31 August 2024

1,770,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2005

172,250

Valuation in 2006

200,000

Valuation in 2023

850,000

Valuation in 2024

258,600

Cost

289,150

1,770,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

289,150

289,150

In the opinion of the directors the current value of the company's investment property is approximately £1,770,000 (2025:£1,770,000). This is based on their knowledge of the local commercial property market.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

14,271

29,574

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

748

656

Other creditors

140,070

130,439

140,818

131,095

8.

RESERVES

Fair

value

reserve

£

At 1 September 2024

1,178,404

Change in deferred tax

74,753

At 31 August 2025

1,253,157

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Miss J C Landels

Balance outstanding at start of year

1,241

(490

)

Amounts advanced

1,326

12,079

Amounts repaid

(3,057

)

(10,348

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(490

)

1,241