Silverfin false false 31/10/2025 01/11/2024 31/10/2025 Jean Elrick 31/12/1993 Cicely Elrick 31/12/1993 Colin William Elrick 27/06/2022 David George Elrick 31/03/2023 Gordon Elrick 31/12/1993 24 July 2026 The principal activity of the Company during the financial year continued to be acting as a holding company for its subsidiaries. SC117294 2025-10-31 SC117294 bus:Director1 2025-10-31 SC117294 bus:Director2 2025-10-31 SC117294 bus:Director3 2025-10-31 SC117294 bus:Director4 2025-10-31 SC117294 bus:Director5 2025-10-31 SC117294 2024-10-31 SC117294 core:CurrentFinancialInstruments 2025-10-31 SC117294 core:CurrentFinancialInstruments 2024-10-31 SC117294 core:ShareCapital 2025-10-31 SC117294 core:ShareCapital 2024-10-31 SC117294 core:RetainedEarningsAccumulatedLosses 2025-10-31 SC117294 core:RetainedEarningsAccumulatedLosses 2024-10-31 SC117294 core:CostValuation 2024-10-31 SC117294 core:CostValuation 2025-10-31 SC117294 bus:OrdinaryShareClass1 2025-10-31 SC117294 2024-11-01 2025-10-31 SC117294 bus:FilletedAccounts 2024-11-01 2025-10-31 SC117294 bus:SmallEntities 2024-11-01 2025-10-31 SC117294 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 SC117294 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC117294 bus:Director1 2024-11-01 2025-10-31 SC117294 bus:Director2 2024-11-01 2025-10-31 SC117294 bus:Director3 2024-11-01 2025-10-31 SC117294 bus:Director4 2024-11-01 2025-10-31 SC117294 bus:Director5 2024-11-01 2025-10-31 SC117294 2023-11-01 2024-10-31 SC117294 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 SC117294 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC117294 (Scotland)

# WHITEHILL HOLDINGS LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH THE REGISTRAR

WHITEHILL HOLDINGS LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025

Contents

WHITEHILL HOLDINGS LIMITED

## BALANCE SHEET

AS AT 31 OCTOBER 2025
WHITEHILL HOLDINGS LIMITED

## BALANCE SHEET (continued)

AS AT 31 OCTOBER 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 3 |  | 3
|  | 3 |  | 3
Current assets |  |  |  |
Debtors | 4 | 254,686 |  | 250,585
Cash at bank and in hand |  | 587 |  | 1,813
|  | 255,273 |  | 252,398
Creditors: amounts falling due within one year | 5 | ( 48,608) |  | ( 22,761)
Net current assets |  | 206,665 |  | 229,637
Total assets less current liabilities |  | 206,668 |  | 229,640
Net assets |  | 206,668 |  | 229,640
Capital and reserves |  |  |  |
Called-up share capital | 6 | 20,000 |  | 20,000
Profit and loss account |  | 186,668 |  | 209,640
Total shareholders' funds |  | 206,668 |  | 229,640

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Whitehill Holdings Limited (registered number: SC117294) were approved and authorised for issue by the Board of Directors on 24 July 2026. They were signed on its behalf by:

David George Elrick Director |

WHITEHILL HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025
WHITEHILL HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Whitehill Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Whitehill, New Deer, Turriff, AB53 6UH, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover represents amount receivable for management charges net of VAT and trade discounts. Turnover is recognised on an accruals basis at the point the service has been supplied.

##### Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

##### Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial assets
An asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

##### Fixed asset investments

Interests in subsidiaries and other unlisted investments are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in Profit and Loss.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and deposits held at call with banks.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include other debtors and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors are recognised at transaction price.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 5 |  | 5

#### 3. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 November 2024 | 2
At 31 October 2025 | 2
Carrying value at 31 October 2025 | 2
Carrying value at 31 October 2024 | 2

| Investments in associates |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 November 2024 | 1 |  | 1
At 31 October 2025 | 1 |  | 1
Carrying value at 31 October 2025 | 1 |  | 1
Carrying value at 31 October 2024 | 1 |  | 1

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Group undertakings | 196,206 |  | 132,105
Amounts owed by associates | 58,480 |  | 58,480
Other debtors | 0 |  | 60,000
| 254,686 |  | 250,585

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 36,943 |  | 11,341
Other creditors | 11,665 |  | 11,420
| 48,608 |  | 22,761

#### 6. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
20,000 Ordinary shares of £ 1.00 each | 20,000 |  | 20,000

#### 7. Related party transactions

Other related party transactions

| 2025 |  | 2024
| £ |  | £
Amounts due from entities with control, joint control or significant influence over the company | 58,480 |  | 58,480

The company has taken advantage of the exemptions included in FRS102 33. 1A not to disclose transactions with wholly owned group companies.