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REGISTERED NUMBER: SC694676 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

FINDHORN PROPERTY LTD

FINDHORN PROPERTY LTD (REGISTERED NUMBER: SC694676)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 March 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

FINDHORN PROPERTY LTD

COMPANY INFORMATION

for the year ended 31 March 2026

| DIRECTORS: | N A Stark

| Mrs J M Stark

| REGISTERED OFFICE: | 5 Grange Road

| Edinburgh

| EH9 1UH

| REGISTERED NUMBER: | SC694676 (Scotland)

| ACCOUNTANTS: | Mitchell Edwards

| Chartered Certified Accountants

| 24A Ainslie Place

| Edinburgh

| EH3 6AJ

| BANKERS: | The Royal Bank of Scotland

| 206 Bruntsfield Place

| Edinburgh

| EH10 4DF

| SOLICITORS: | Gillespie Macandrew

| 5 Atholl Crescent

| Edinburgh

| EH3 8EJ

FINDHORN PROPERTY LTD (REGISTERED NUMBER: SC694676)

BALANCE SHEET

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | - |  | 140,000 |  |

CURRENT ASSETS

Debtors | 5 | 2,167 |  | - |  |

Cash at bank | 27,956 |  | 1,514 |  |

30,123 |  | 1,514 |  |

CREDITORS

Amounts falling due within one year | 6 | 10,428 |  | 91,392 |  |

NET CURRENT ASSETS/(LIABILITIES) | 19,695 |  | (89,878 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 19,695 |  | 50,122 |  |

PROVISIONS FOR LIABILITIES | - |  | 5,000 |  |

NET ASSETS | 19,695 |  | 45,122 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Revaluation reserve | - |  | 15,000 |  |

Retained earnings | 19,595 |  | 30,022 |  |

19,695 |  | 45,122 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 June 2026 and were signed on its behalf by:

N A Stark - Director

FINDHORN PROPERTY LTD (REGISTERED NUMBER: SC694676)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 March 2026

1. | STATUTORY INFORMATION

| Findhorn Property 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.

| The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest £.

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.

| The accounts have been prepared on a break-up basis. It is the Directors intention to dissolve the Company.

| Turnover

| Turnover represents the total of rent receivable and other income by the company from the rental of property in the year.

| Investment property

| The company carries investment property at fair value with changes in fair value being recognised in the Income Statement. Any such changes together with the related deferred tax are transferred to a Revaluation 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2025 - 2 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2025 | 140,000 |  |

| Disposals | (140,000 | ) |

| At 31 March 2026 | - |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 March 2025 | 140,000 |  |

FINDHORN PROPERTY LTD (REGISTERED NUMBER: SC694676)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2026

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

2026 | 2025 |

£ | £ |

| Other debtors | 2,167 |  | - |  |

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

2026 | 2025 |

£ | £ |

| Taxation and social security | 7,191 |  | 2,835 |  |

| Other creditors | 3,237 |  | 88,557 |  |

10,428 |  | 91,392 |  |

7. | RELATED PARTY DISCLOSURES

| Included in Other debtors at 31 March 2026 is a loan due from a company under common control amounting to £2,167 (2025: Other creditor £61,000). The loan is unsecured, interest free and repayable on demand.