REGISTERED NUMBER: SC490444 (Scotland)

Happy Harvest Scotland Ltd

Unaudited Financial Statements

for the Year Ended 30 November 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms X Yuan

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

REGISTERED NUMBER:

SC490444 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

BANKERS:

The Royal Bank of Scotland plc

Dunfermline Branch

52 - 54 East Port

Dunfermline

KY12 7HB

FIXED ASSETS

Intangible assets

4

17,856

19,642

Tangible assets

5

2,809

1,448

20,665

21,090

CURRENT ASSETS

Stocks

14,000

14,000

Debtors

6

6,638

14,144

Cash at bank

10,581

52,267

31,219

80,411

CREDITORS

Amounts falling due within one year

7

47,176

54,708

NET CURRENT (LIABILITIES)/ASSETS

(15,957

)

25,703

TOTAL ASSETS LESS CURRENT LIABILITIES

4,708

46,793

CREDITORS

Amounts falling due after more than one year

8

(23,835

)

(38,906

)

PROVISIONS FOR LIABILITIES

-

(275

)

NET (LIABILITIES)/ASSETS

(19,127

)

7,612

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(19,227

)

7,512

SHAREHOLDERS' FUNDS

(19,127

)

7,612

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 April 2026 and were signed by:

Ms X Yuan - Director

1.	STATUTORY INFORMATION

Happy Harvest Scotland 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.

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 and revenue recognition

Turnover, which represents net invoiced sales of goods exclusive of value added tax, is recognised at the point when a meal is served or delivered to the customer.

Lease premium

Lease premium, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of fifteen years.

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 cost and 33% on cost

Stocks

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

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

25,000

AMORTISATION

At 1 December 2024

5,358

Charge for year

1,786

At 30 November 2025

7,144

NET BOOK VALUE

At 30 November 2025

17,856

At 30 November 2024

19,642

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

4,508

Additions

2,457

At 30 November 2025

6,965

DEPRECIATION

At 1 December 2024

3,060

Charge for year

1,096

At 30 November 2025

4,156

NET BOOK VALUE

At 30 November 2025

2,809

At 30 November 2024

1,448

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

6,638

14,144

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

15,720

16,907

Trade creditors

1,866

8,353

Taxation and social security

10,412

16,940

Other creditors

19,178

12,508

47,176

54,708

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

23,835

38,906

9.	RELATED PARTY DISCLOSURES

During the year, the director paid expenses totalling £21,284 (2024: £35,092) on behalf of the company. The company paid expenses totalling £1,275 (2024: £1,605) on behalf of the director and repaid £10,667 (2024: £Nil) to the director. The outstanding balance owed to the director was £14,500 (2024: £5,158) at 30 November 2025. The balance is unsecured, interest free and has no fixed repayment period.

10.	GOING CONCERN

The financial statements have been prepared on the going concern principle which assumes that the company will continue to trade in the foreseeable future. In order to do so the company will require the continued support of its director and the director is willing to support the company.