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REGISTERED NUMBER: SC086189 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Roseisle Estates Limited

Roseisle Estates Limited (Registered number: SC086189)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Roseisle Estates Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | W A B Watt

| R G Watt

| REGISTERED OFFICE: | 34 Whitecraig Road

| Whitecraig

| Musselburgh

| EH21 8NE

| REGISTERED NUMBER: | SC086189 (Scotland)

| ACCOUNTANTS: | Accountants Plus

| Chartered Certified Accountants

| Second Floor

| Airbles House

| 270 Airbles Road

| Motherwell

| ML1 3AT

Roseisle Estates Limited (Registered number: SC086189)

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,766,627 |  | 1,751,524 |  |

Investments | 5 | - |  | 1 |  |

Investment property | 6 | 1,560,000 |  | 1,560,000 |  |

3,326,627 |  | 3,311,525 |  |

CURRENT ASSETS

Stocks | 161,510 |  | 588,474 |  |

Debtors | 7 | 50,195 |  | 120,531 |  |

Investments | 8 | 16,040 |  | 12,450 |  |

Cash at bank | 667,099 |  | 333,366 |  |

894,844 |  | 1,054,821 |  |

CREDITORS

Amounts falling due within one year | 9 | 512,020 |  | 328,469 |  |

NET CURRENT ASSETS | 382,824 |  | 726,352 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,709,451 |  | 4,037,877 |  |

CREDITORS

Amounts falling due after more than one year | 10 | (82,617 | ) | (170,297 | ) |

PROVISIONS FOR LIABILITIES | (386,452 | ) | (430,673 | ) |

NET ASSETS | 3,240,382 |  | 3,436,907 |  |

Roseisle Estates Limited (Registered number: SC086189)

Balance Sheet - continued

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 106 |  | 106 |  |

Share premium | 54,106 |  | 54,106 |  |

Revaluation reserve | 11 | 143,155 |  | 143,155 |  |

Fair value reserve | 11 | 1,143,014 |  | 1,143,014 |  |

Retained earnings | 1,900,001 |  | 2,096,526 |  |

3,240,382 |  | 3,436,907 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 April 2026 and were signed on its behalf by:

W A B Watt - Director

R G Watt - Director

Roseisle Estates Limited (Registered number: SC086189)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Roseisle Estates 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.

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

| Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where the contract has only been partially completed at the balance sheet date, turnover represents the value of the service provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

| Tangible fixed assets

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

| Plant and machinery etc | - | 25% on reducing balance, 10% on cost and 5% on cost

| The company assesses at each reporting date whether tangible fixed assets are impaired. Depreciation methods, useful lives and residual values are reviewed if there is an indication of a significant change since the last annual reporting date in the pattern by which the company expects to consume an asset's future economic benefits.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

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

Roseisle Estates Limited (Registered number: SC086189)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

| Cash and bank balances

| Cash and bank balances are measured at the transaction price.

| 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 6 ) .

Roseisle Estates Limited (Registered number: SC086189)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 January 2025 | 800,000 |  | 1,129,630 |  | 1,929,630 |  |

| Additions | - |  | 284,584 |  | 284,584 |  |

| Disposals | - |  | (278,811 | ) | (278,811 | ) |

| At 31 December 2025 | 800,000 |  | 1,135,403 |  | 1,935,403 |  |

| DEPRECIATION

| At 1 January 2025 | - |  | 178,106 |  | 178,106 |  |

| Charge for year | - |  | 104,394 |  | 104,394 |  |

| Eliminated on disposal | - |  | (113,724 | ) | (113,724 | ) |

| At 31 December 2025 | - |  | 168,776 |  | 168,776 |  |

| NET BOOK VALUE

| At 31 December 2025 | 800,000 |  | 966,627 |  | 1,766,627 |  |

| At 31 December 2024 | 800,000 |  | 951,524 |  | 1,751,524 |  |

| Included in cost or valuation of land and buildings is freehold land of £ 800,000 (2024 - £ 800,000 ) which is not depreciated.

| The property was valued on an open market basis as at December 2018 by Montagu Evans, Chartered Surveyors. The valuations is also regarded as fair value of the property at 31 December 2025.

| If the property for own use had not been revalued it would have been included at the historical cost of £466,459 (2024 - £466,459).

| No depreciation has been charged. This year £11,030 (2024 - £191,531) has been spent on improvements on an ongoing project to upgrade the premises.

Roseisle Estates Limited (Registered number: SC086189)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakin

£ |

| COST

| At 1 January 2025 | 1 |  |

| Disposals | (1 | ) |

| At 31 December 2025 | - |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | 1 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 1,560,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,560,000 |  |

| At 31 December 2024 | 1,560,000 |  |

| The land and buildings included above are used for the purposes of generating rental income.

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2018 | 1,411,129 |  |

| Cost | 148,871 |  |

1,560,000 |  |

| If these investment properties had not been revalued they would have been included at the following historical cost:

| 31.12.25 |  | 31.12.24

£ | £ |

| Cost | 148,871 |  | 148,871 |  |

| Investment properties were valued on an open market basis basis on 31 December 2018 by Montagu Evans .

Roseisle Estates Limited (Registered number: SC086189)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 7,560 |  | 74,072 |  |

| Other debtors | 32,000 |  | 36,345 |  |

| VAT | - |  | 7,514 |  |

| Prepayments | 10,635 |  | 2,600 |  |

50,195 |  | 120,531 |  |

8. | CURRENT ASSET INVESTMENTS

| 31.12.25 |  | 31.12.24

£ | £ |

| Unlisted investments | 7,900 |  | 7,900 |  |

| Other | 8,140 |  | 4,550 |  |

16,040 |  | 12,450 |  |

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Hire purchase contracts | 28,593 |  | 29,742 |  |

| Trade creditors | 18,538 |  | 19,861 |  |

| Amounts owed to group undertakings | - |  | 184,000 |  |

| Tax | - |  | 762 |  |

| Social security and other taxes | 5,503 |  | 6,313 |  |

| VAT | 6,471 |  | - |  |

| Other creditors | 22,792 |  | 14,868 |  |

| Directors' current accounts | 396,474 |  | 39,574 |  |

| Accruals and deferred income | 33,649 |  | 33,349 |  |

512,020 |  | 328,469 |  |

10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Hire purchase contracts | 82,617 |  | 170,297 |  |

11. | RESERVES

| Fair |

| Revaluation |  | value |

| reserve |  | reserve |  | Totals

£ | £ | £ |

| At 1 January 2025

| and 31 December 2025 | 143,155 |  | 1,143,014 |  | 1,286,169 |  |

Roseisle Estates Limited (Registered number: SC086189)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

| 31.12.25 |  | 31.12.24

£ | £ |

| W A B Watt

| Balance outstanding at start of year | (39,574 | ) | (32,759 | ) |

| Amounts repaid | (356,900 | ) | (6,815 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (396,474 | ) | (39,574 | ) |