REGISTERED NUMBER: SC818167 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2024 TO 31 JANUARY 2026

FOR

WISTERIA AND HEATHER LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Thomas Donald Broom-Hughes

Matthew Allan Broom-Hughes

REGISTERED OFFICE:

The Bellachroy Hotel

Dervaig

Isle of Mull

PA75 6QW

REGISTERED NUMBER:

SC818167 (Scotland)

ACCOUNTANTS:

R A Clement Associates

5 Argyll Square

OBAN

Argyll

PA34 4AZ

FIXED ASSETS

Intangible assets

4

180,000

Tangible assets

5

505,362

685,362

CURRENT ASSETS

Stocks

7,500

Debtors

6

25,173

Cash at bank and in hand

77,485

110,158

CREDITORS

Amounts falling due within one year

7

459,618

NET CURRENT LIABILITIES

(349,460

)

TOTAL ASSETS LESS CURRENT LIABILITIES

335,902

CREDITORS

Amounts falling due after more than one year

8

397,578

NET LIABILITIES

(61,676

)

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

(61,776

)

SHAREHOLDERS' FUNDS

(61,676

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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 28 July 2026 and were signed on its behalf by:

Matthew Allan Broom-Hughes - Director

1.	STATUTORY INFORMATION

Wisteria And Heather 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 2025, is being amortised evenly over its estimated useful life of ten 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% 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 period 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 period 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 period was 12 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

200,000

At 31 January 2026

200,000

AMORTISATION

Amortisation for period

20,000

At 31 January 2026

20,000

NET BOOK VALUE

At 31 January 2026

180,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

Computer

property

property

fittings

equipment

Totals

£

£

£

£

£

COST

Additions

428,634

17,895

67,927

1,367

515,823

At 31 January 2026

428,634

17,895

67,927

1,367

515,823

DEPRECIATION

Charge for period

-

-

10,187

274

10,461

At 31 January 2026

-

-

10,187

274

10,461

NET BOOK VALUE

At 31 January 2026

428,634

17,895

57,740

1,093

505,362

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

25,173

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

21,875

Trade creditors

1,819

Taxation and social security

9,201

Other creditors

426,723

459,618

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

397,578

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

310,078

9.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

419,453

The Royal Bank of Scotland hold a standard security over the property known as Bellachroy Hotel, Dervaig, Tobermory Isle of Mull PA75 6QW.

The Royal Bank of Scotland also hold a floating charge over the property and undertaking of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary A

£1

50

50

Ordinary B

£1

50

100

The following shares were issued during the period for cash at par :

50 Ordinary A shares of £1

50 Ordinary B shares of £1