Registration number: SC189619

Loire Valley Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

Loire Valley Limited

(Registration number: SC189619)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	12,217	15,551
Investment property	6	550,000	550,000
Other financial assets	7	34,500	25,000
		596,717	590,551
Current assets
Debtors	8	3,322	81
Cash at bank and in hand		31,229	10,066
		34,551	10,147
Creditors: Amounts falling due within one year	9	(6,513)	(2,614)
Net current assets		28,038	7,533
Total assets less current liabilities		624,755	598,084
Provisions for liabilities		(26,806)	(26,806)
Net assets		597,949	571,278
Capital and reserves
Called up share capital		100	100
Other reserves		114,276	114,276
Retained earnings		483,573	456,902
Shareholders' funds		597,949	571,278

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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 July 2026
 

......................................... Philippe Bachelet Director

Loire Valley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
SK Tax & Accounts Ltd
1A Craigs Avenue
Edinburgh
EH12 8HP

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

It has been considered appropriate by the directors to prepare the accounts on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Loire Valley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% straight line
Motor vehicles	25% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director. The director uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Leasehold premium	Amortised over 15 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Loire Valley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

Loire Valley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 November 2024	50,000	50,000
At 31 October 2025	50,000	50,000
Amortisation
At 1 November 2024	34,449	34,449
Amortisation charge	3,334	3,334
At 31 October 2025	37,783	37,783
Carrying amount
At 31 October 2025	12,217	12,217
At 31 October 2024	15,551	15,551

5	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	22,559	8,567	31,126
At 31 October 2025	22,559	8,567	31,126
Depreciation
At 1 November 2024	22,559	8,567	31,126
At 31 October 2025	22,559	8,567	31,126
Carrying amount
At 31 October 2025	-	-	-

Loire Valley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6	Investment properties

	2025 £
At 1 November	550,000
At 31 October	550,000

There has been no valuation of investment property by an independent valuer.

Loire Valley Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
At 1 November 2024	25,000	25,000
Additions	34,500	34,500
Disposals	(25,000)	(25,000)
At 31 October 2025	34,500	34,500
Cost or valuation
Carrying amount
At 31 October 2025	34,500	34,500

8

Debtors

Current	2025 £	2024 £
Other debtors	3,322	81
	3,322	81

9

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Other creditors	6,513	2,614

10	Related party transactions

Included in other debtors is an amount of £3,302 due to the company from the directors. This was repaid in April 2026.