REGISTERED NUMBER: SC510983 (Scotland)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Ardmachdonie Partnership Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

D J E Fraser

Mrs S A Fraser

SECRETARY:

Mrs S A Fraser

REGISTERED OFFICE:

Knockbain Farm Moniack

Nr Kirkhill

Inverness

IV5 7PL

REGISTERED NUMBER:

SC510983 (Scotland)

ACCOUNTANTS:

Innes & Partners Limited

Chartered Certified Accountants

9 Ardross Street

Inverness

IV3 5NN

FIXED ASSETS

Tangible assets

4

131,000

130,074

CURRENT ASSETS

Debtors

5

28,725

29,130

Cash at bank and in hand

9,824

17,547

38,549

46,677

CREDITORS

Amounts falling due within one year

6

65,597

58,084

NET CURRENT LIABILITIES

(27,048

)

(11,407

)

TOTAL ASSETS LESS CURRENT LIABILITIES

103,952

118,667

CREDITORS

Amounts falling due after more than one year

7

(13,280

)

(37,681

)

PROVISIONS FOR LIABILITIES

(11,946

)

(11,190

)

NET ASSETS

78,726

69,796

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

78,626

69,696

SHAREHOLDERS' FUNDS

78,726

69,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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:

D J E Fraser - Director

Mrs S A Fraser - Director

1.	STATUTORY INFORMATION

Ardmachdonie Partnership 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 (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property - 20% on cost

Plant and machinery - 20% on cost

Motor vehicles - 25% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Motor

property

property

machinery

vehicles

Totals

£

£

£

£

£

COST

At 1 October 2024

17,386

70,000

84,386

9,999

181,771

Additions

-

-

14,500

-

14,500

At 30 September 2025

17,386

70,000

98,886

9,999

196,271

DEPRECIATION

At 1 October 2024

-

1,400

40,298

9,999

51,697

Charge for year

-

1,400

12,174

-

13,574

At 30 September 2025

-

2,800

52,472

9,999

65,271

NET BOOK VALUE

At 30 September 2025

17,386

67,200

46,414

-

131,000

At 30 September 2024

17,386

68,600

44,088

-

130,074

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade debtors

525

930

Other debtors

28,200

28,200

28,725

29,130

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Bank loans and overdrafts

1,700

3,710

Trade creditors

5,810

-

Amounts owed to group undertakings

29,250

27,342

Taxation and social security

1,797

746

Other creditors

27,040

26,286

65,597

58,084

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/25

30/9/24

£

£

Bank loans

13,280

37,681

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/25

30/9/24

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

9.	FLOATING CHARGE

A floating charge is held by Bank of Scotland PLC which covers all the property or undertaking of the company.

10.	RELATED PARTY DISCLOSURES

During the year the company invoiced £nil (2024: £450) to Reelig Estate, D J E Fraser's family estate.

A loan of £nil (2024 :£26,000) was received from Sarah Logie FWCF Ltd, a company in which Mrs S A Fraser is director.The closing balance on this loan is £29,250.28 (2024: £27,341.61) and bears interest at 7% on the opening balance (2024: 7%).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is D Fraser and Mrs S Fraser.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ardmachdonie Partnership Ltd for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Ardmachdonie Partnership Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ardmachdonie Partnership Ltd and state those matters that we have agreed to state to the Board of Directors of Ardmachdonie Partnership Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ardmachdonie Partnership Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ardmachdonie Partnership Ltd. You consider that Ardmachdonie Partnership Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ardmachdonie Partnership Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Innes & Partners Limited

Chartered Certified Accountants

9 Ardross Street

Inverness

IV3 5NN

27 May 2026