REGISTERED NUMBER: SC558606 (Scotland)

Unaudited Financial Statements for the Year Ended 28th February 2026

for

Wild Shore Dundee Ltd

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

Mr J D Barbour

Mr A M Gillies

Mr N J Anderson

Mr Z Hegarty

REGISTERED OFFICE:

39 High Street

East Linton

EH40 3AA

REGISTERED NUMBER:

SC558606 (Scotland)

ACCOUNTANTS:

McLaughlin Crolla LLP

77/2 Hanover Street

Edinburgh

EH2 1EE

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28th February 2026 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

McLaughlin Crolla LLP

77/2 Hanover Street

Edinburgh

EH2 1EE

24th June 2026

FIXED ASSETS

Tangible assets

4

47,955

57,826

CURRENT ASSETS

Debtors

5

8,454

10,321

Cash at bank and in hand

2,997

1,114

11,451

11,435

CREDITORS

Amounts falling due within one year

6

664,616

572,845

NET CURRENT LIABILITIES

(653,165

)

(561,410

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(605,210

)

(503,584

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

(605,310

)

(503,684

)

SHAREHOLDERS' FUNDS

(605,210

)

(503,584

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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 24th June 2026 and were signed on its behalf by:

Mr N J Anderson - Director

1.	STATUTORY INFORMATION

Wild Shore Dundee 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

-

at varying rates on cost

Plant and machinery

-

at varying rates on cost

Computer equipment

-

at varying rates on cost

Financial instruments

The company only has financial assets and 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.

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.

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.

Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowing costs in current liabilities.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. These amounts are recognised in the statement of changes in equity.

Going concern

On 28 February 2026 the company had net liabilities of £605,210.

The directors have confirmed that the parent undertaking, Wild Shore Holdings Ltd will continue to provide all necessary financial support to the company to allow it to continue trading and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements.

On the basis of the above, the directors have prepared the accounts on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2025 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1st March 2025

120,082

Additions

325

At 28th February 2026

120,407

Depreciation

At 1st March 2025

62,256

Charge for year

10,196

At 28th February 2026

72,452

Net book value

At 28th February 2026

47,955

At 28th February 2025

57,826

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

106

304

Other debtors

2,273

2,094

VAT

388

1,654

Prepayments

5,687

6,269

8,454

10,321

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,618

4,026

Amounts owed to group undertakings

644,002

541,194

Social security and other taxes

1,529

885

Other creditors

721

1,801

Accruals and deferred income

14,746

24,939

664,616

572,845

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

10,000

10,000

Between one and five years

40,000

40,000

In more than five years

114,877

124,877

164,877

174,877

There is a further lease for the west side of Victoria Dock, Dundee. The lease commenced on 26 June 2017 and is for a term of 10 years. The rental value is the higher of either base rent, £1, or a percentage of turnover.

8.

RESERVES

Retained

earnings

£

At 1st March 2025

(503,684

)

Deficit for the year

(101,626

)

At 28th February 2026

(605,310

)

9.	CONTROLLING PARTY