Loch Fyne Financial Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC390114 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

LOCH FYNE FINANCIAL MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Gow

A G Robertson

K Mackie

REGISTERED OFFICE:

4 Kingshill Park Venture Drive

Arnhall Business Park

Westhill

Aberdeenshire

AB32 6FL

REGISTERED NUMBER:

SC390114 (Scotland)

AUDITORS:

McLay, McAlister & McGibbon LLP

Chartered Accountants and Statutory Auditors

145 St. Vincent Street

Glasgow

G2 5JF

CURRENT ASSETS

Debtors

4

98,213

115,499

Cash at bank

12,381

2,861

110,594

118,360

CREDITORS

Amounts falling due within one year

5

181

7,947

NET CURRENT ASSETS

110,413

TOTAL ASSETS LESS CURRENT
LIABILITIES

110,413

CAPITAL AND RESERVES

Called up share capital

10,000

Retained earnings

100,413

110,413

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 29 July 2026 and were signed on its behalf by:

A G Robertson - Director

1.	STATUTORY INFORMATION

Loch Fyne Financial Management Limited 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.

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.

Going concern

On 31 October 2023 the company transferred its trade to another group company. Any necessary adjustments or reclassifications have been made at the balance sheet date to reflect the transfer of the trade. Although trading has ceased, the company has retained ownership of the underlying goodwill and there is no intention to wind up the company in the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Amounts owed by group undertakings

97,993

115,499

Other debtors

220

-

98,213

115,499

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Taxation and social security

-

5,403

Other creditors

181

2,544

181

7,947

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

George Macshannon (Senior Statutory Auditor)

for and on behalf of McLay, McAlister & McGibbon LLP

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8.	ULTIMATE CONTROLLING PARTY

The company's parent which draws up group accounts, is D Ness Limited, a company registered in Scotland, with its registered office at 2 Devanha Gardens West Aberdeen AB11 7UW.

The ultimate controlling party is A G Robertson.