REGISTERED NUMBER: SC716363 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

LIME TREE PROPERTY HOLDINGS (HIGHLAND)

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N A Lewis

REGISTERED OFFICE:

15 Carsewell Steadings

Alves

Nr Elgin

Moray

IV30 8UE

REGISTERED NUMBER:

SC716363 (Scotland)

ACCOUNTANTS:

R A Clement Associates

5 Argyll Square

OBAN

Argyll

PA34 4AZ

FIXED ASSETS

Intangible assets

4

46,000

48,875

Tangible assets

5

973,445

1,002,459

1,019,445

1,051,334

CURRENT ASSETS

Stocks

4,800

3,044

Debtors

6

29,761

29,618

Cash at bank and in hand

90,824

28,661

125,385

61,323

CREDITORS

Amounts falling due within one year

7

72,797

72,566

NET CURRENT ASSETS/(LIABILITIES)

52,588

(11,243

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,072,033

1,040,091

CREDITORS

Amounts falling due after more than one year

8

948,817

964,859

NET ASSETS

123,216

75,232

CAPITAL AND RESERVES

Called up share capital

100

100

Long Term Director's Loan

500,000

500,000

Retained earnings

(376,884

)

(424,868

)

SHAREHOLDERS' FUNDS

123,216

75,232

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 his 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 2 July 2026 and were signed by:

N A Lewis - Director

1.	STATUTORY INFORMATION

Lime Tree Property Holdings (Highland) 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

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

Goodwill

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

50% 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.

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 20 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

57,500

AMORTISATION

At 1 December 2024

8,625

Amortisation for year

2,875

At 30 November 2025

11,500

NET BOOK VALUE

At 30 November 2025

46,000

At 30 November 2024

48,875

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

915,692

8,010

186,385

856

1,110,943

Additions

-

7,645

4,929

-

12,574

At 30 November 2025

915,692

15,655

191,314

856

1,123,517

DEPRECIATION

At 1 December 2024

51,141

1,602

54,885

856

108,484

Charge for year

18,314

2,810

20,464

-

41,588

At 30 November 2025

69,455

4,412

75,349

856

150,072

NET BOOK VALUE

At 30 November 2025

846,237

11,243

115,965

-

973,445

At 30 November 2024

864,551

6,408

131,500

-

1,002,459

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

625

Other debtors

29,761

28,993

29,761

29,618

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

25,017

30,293

Taxation and social security

37,915

33,517

Other creditors

9,865

8,756

72,797

72,566

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

948,817

964,859