REGISTERED NUMBER: SC418160 (Scotland)

Audited Financial Statements

for the Period 1 April 2025 to 31 December 2025

for

Ballater Community Enterprise Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A M Harrison

Mr A Mitchell

Mr N Wisely

Mr B Lawson

Mr L J Smith

Mr E J McQueen

Mrs K L Nuttall

SECRETARY:

Mr A M Harrison

REGISTERED OFFICE:

Park House

Anderson Road

Ballater

Aberdeenshire

AB35 5QW

REGISTERED NUMBER:

SC418160 (Scotland)

AUDITORS:

The Grant Considine Partnership

Statutory Auditors & Chartered Accountants

46 High Street

Banchory

Aberdeenshire

AB31 5SR

FIXED ASSETS

Tangible assets

6

110,983

89,617

CURRENT ASSETS

Stocks

2,485

4,156

Debtors

7

18,702

15,863

Cash at bank and in hand

490,080

534,649

511,267

554,668

CREDITORS

Amounts falling due within one year

8

108,197

224,906

NET CURRENT ASSETS

403,070

329,762

TOTAL ASSETS LESS CURRENT LIABILITIES

514,053

419,379

PROVISIONS FOR LIABILITIES

9,769

4,316

NET ASSETS

504,284

415,063

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

503,284

414,063

SHAREHOLDERS' FUNDS

504,284

415,063

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 28 May 2026 and were signed on its behalf by:

Mr E J McQueen - Director

1.	STATUTORY INFORMATION

Ballater Community Enterprise 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared for the nine-month period from 1 April 2025 to 31 December 2025 following a decision by the board and the trustees of their trading parent, Ballater (RD) Ltd, to change the company's accounting year end from 31 March to 31 December to align with the financial year-end of the Community Council to combine the AGM's to all be held at the same time. Consequently, the comparative amounts presented in the Profit and Loss Account, and the related notes are for the 12-month period ended 31 March 2025, and are therefore not directly comparable to the amounts presented for the current period.

Revenue recognition

Turnover is measured at fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and Value Added Tax.

Income is recognised when the service has been provided, when the amount of revenue can be measured reliably and when its probable that future economic benefits will flow to the entity. If a customer has not been invoiced for services provided during the period the income is accrued and included in debtors under prepayments and accrued income.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life.

Plant and Machinery

5 - 25% on cost

Improvements to property

over the duration of the lease, 5% on cost

Fixtures and fittings

25% on cost

Computer equipment

25% on cost

Inventory

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

Financial instruments

Trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Going concern

At the time of approving the financial statements the company has a reasonable expectation that the company has adequate reserves to continue in operational existence for at least the next twelve months. Thus it continues to adopt the going concern basis of accounting in preparing the financial statements.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2025 - 3 ) .

5.	AUDITORS' REMUNERATION

Period

1.4.25

to

Year Ended

31.12.25

31.3.25

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

4,055

3,860

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

213,542

Additions

28,918

At 31 December 2025

242,460

DEPRECIATION

At 1 April 2025

123,925

Charge for period

7,552

At 31 December 2025

131,477

NET BOOK VALUE

At 31 December 2025

110,983

At 31 March 2025

89,617

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/3/25

£

£

Trade debtors

912

1,952

Other debtors

17,790

13,911

18,702

15,863

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/3/25

£

£

Trade creditors

6,001

8,052

Taxation and social security

27,984

49,857

Other creditors

74,212

166,997

108,197

224,906

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/12/25

31/3/25

£

£

Within one year

19,255

19,255

Between one and five years

17,077

29,066

In more than five years

3,633

6,540

39,965

54,861

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Gillian R Nicolson (Senior Statutory Auditor)

for and on behalf of The Grant Considine Partnership

11.	RELATED PARTY DISCLOSURES

During the year the company donated £67,500 to it's parent company; Ballater (RD) Ltd (March 2025 - £70,000).

12.	ULTIMATE PARENT COMPANY

The ultimate controlling party is Ballater (RD) Limited.

Incorporated in Scotland

Registered Office:

Park House Caravan Park

Anderson Road

Ballater

Aberdeenshire

AB35 5QW

Ballater (RD) Limited draws up consolidated financial statements on behalf of the group.