REGISTERED NUMBER: SC153641 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Auchenforest Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms K Patiala

SECRETARY:

Turcan Connell Company Secretaries Limited

REGISTERED OFFICE:

Princes Exchange

1 Earl Grey Street

Edinburgh

EH3 9EE

REGISTERED NUMBER:

SC153641 (Scotland)

ACCOUNTANTS:

Cowan & Partners Limited

60 Constitution Street

Edinburgh

EH6 6RR

FIXED ASSETS

Tangible assets

4

5,155,000

5,155,000

CURRENT ASSETS

Debtors

5

36,980

63,825

Cash at bank

50,460

103,677

87,440

167,502

CREDITORS

Amounts falling due within one year

6

3,248

4,055

NET CURRENT ASSETS

84,192

163,447

TOTAL ASSETS LESS CURRENT LIABILITIES

5,239,192

5,318,447

PROVISIONS FOR LIABILITIES

7

993,701

993,701

NET ASSETS

4,245,491

4,324,746

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

2,981,103

2,981,103

Retained earnings

1,264,288

1,343,543

SHAREHOLDERS' FUNDS

4,245,491

4,324,746

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 director acknowledges her 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 director and authorised for issue on 10 June 2026 and were signed by:

Ms K Patiala - Director

1.	STATUTORY INFORMATION

Auchenforest 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at fair value of the consideration received or receivable and represents the amount receivable for goods supplied to customers in the normal course of business, excluding value added tax. The policy is to recognise a sale when the company obtains the right to consideration.

Tangible fixed assets

Land and buildings have been valued at fair value. Revaluations are undertaken each year, either professionally or by director assessment of market value based on expertise in the industry.

Revaluation amounts are recognised through the profit and loss account, with an equivalent amount transferred from retained earnings to other reserves (a non-distributable 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.

Forestry profits are not subject to corporation tax.

Deferred tax

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Grants

Grants in relation to financial support are realised to the profit and loss account over the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

5,155,000

NET BOOK VALUE

At 31 December 2025

5,155,000

At 31 December 2024

5,155,000

Cost or valuation at 31 December 2025 is represented by:

Land and

buildings

£

Valuation in 2022

4,535,475

Cost

619,525

5,155,000

There have been no indicators of impairment in the period under review.

Freehold land and buildings were subject to independent, professional valuation at 14 October 2022. The valuation was undertaken by GOLDCREST Land & Forestry Group LLP, an independent, professional valuer that has recent experience in the location and class of property being revalued.

At the balance sheet date, the directors feel this valuation remains appropriate with no material changes in the market value which require to be disclosed in the accounts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed by group undertakings

36,116

63,616

Other debtors

864

209

36,980

63,825

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

540

240

Taxation and social security

350

1,643

Other creditors

2,358

2,172

3,248

4,055

7.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

993,701

993,701

Deferred

tax

£

Balance at 1 January 2025

993,701

Balance at 31 December 2025

993,701

8.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

2,981,103