Company No: SC513452 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.08.2025		31.08.2024
		£		£
Current assets
Stocks	3	300,000		300,000
		300,000		300,000
Creditors: amounts falling due within one year	4	( 158,421)		( 156,201)
Net current assets		141,579		143,799
Total assets less current liabilities		141,579		143,799
Net assets		141,579		143,799
Capital and reserves
Called-up share capital	5	1		1
Profit and loss account		141,578		143,798
Total shareholder's funds		141,579		143,799

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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Ardmuir (Pittodrie Place) Ltd (registered number: SC513452) were approved and authorised for issue by the Board of Directors on 28 May 2026. They were signed on its behalf by:

Duncan Henderson Ogilvie Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Ardmuir (Pittodrie Place) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 16 Charlotte Square, Edinburgh, EH2 4DF, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	Year ended 31.08.2025		Period from 01.04.2023 to 31.08.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Stocks

	31.08.2025		31.08.2024
	£		£
Work in progress	300,000		300,000

Following a professional valuation carried out by Cushman & Wakefield in November 2021 the land held in stock was devalued to £300,000, the loss being reflected in the 2022 profit and loss account. No change in value is considered necessary as at the date of these financial statements.

4. Creditors: amounts falling due within one year

	31.08.2025		31.08.2024
	£		£
Amounts owed to Group undertakings	156,081		153,885
Other creditors	2,340		2,316
	158,421		156,201

Amounts owed to Group undertakings are repayable on demand and are interest free.

5. Called-up share capital

	31.08.2025		31.08.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

Ordinary shares have full voting, dividend and capital distribution (including winding up) rights. They do not confer any rights of redemption.

6. Ultimate controlling party

The immediate parent company is Ardmuir Limited, a company registered in Scotland, which has 100% ownership of the company.

Until 11 August 2023, the ultimate parent company was Ardmuir Holdings Limited, a company registered in Jersey.

From 11 August 2024, the ultimate parent company is ATK Property Group Limited, which owns 100% of Ardmuir Limited. ATK Property Group Limited is equally owned by R Thom, director, and Ogilvie Construction Limited, whose ultimate controlling party is D Ogilvie, director.

The company is not considered to have a single controlling party.

There are no group accounts prepared which include this company.