Rutherford (Davidsons Mains) Limited 30/06/2026 iXBRL

Company registration number: SC712134

Rutherford (Davidsons Mains) Limited

Filleted financial statements

30 June 2026

Rutherford (Davidsons Mains) Limited

Contents

Directors and other information

Directors responsibilities statement

Statement of financial position

Notes to the financial statements

Rutherford (Davidsons Mains) Limited

Directors and other information


Directors	Ronald Black	(Resigned 1 October 2025)
	Sean Black	(Appointed 1 October 2025)


Company number	SC712134


Registered office	41 Charlotte Square
	Edinburgh
	EH2 4HQ


Independent Auditor	Sumer Auditco Limited
	Pentland House
	Saltire Centre
	Glenrothes
	KY6 2AH

Rutherford (Davidsons Mains) Limited

Directors responsibilities statement

Period ended 30 June 2026

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Rutherford (Davidsons Mains) Limited

Statement of financial position

30 June 2026

		30/06/26		31/03/25
	Note	£	£	£	£

Fixed assets
Fixed asset investments	5	10,336,323		-
		_______		_______
			10,336,323		-

Current assets
Stocks		-		2,491,938
Debtors	6	313,788		178,905
Cash at bank and in hand		4,738		10,954
		_______		_______
		318,526		2,681,797
Creditors: amounts falling due
within one year	7	( 10,747,309)		( 2,715,988)
		_______		_______
Net current liabilities			( 10,428,783)		( 34,191)
			_______		_______
Total assets less current liabilities			( 92,460)		( 34,191)

			_______		_______
Net liabilities			( 92,460)		( 34,191)
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			( 92,461)		( 34,192)
			_______		_______
Shareholders deficit			( 92,460)		( 34,191)
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 July 2026 , and are signed on behalf of the board by:

Sean Black

Director

Company registration number: SC712134

Rutherford (Davidsons Mains) Limited

Notes to the financial statements

Period ended 30 June 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 41 Charlotte Square, Edinburgh, EH2 4HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and in accordance with the Companies House Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

The financial statements cover the period from 1 April 2025 to 30 June 2026, being posted of 15 months. The comparative figures relate to the period from 1 April 2024 to 31 March 2025, being a period of 12 months.

As a result, the comparative amounts are not directly comparable with those presented for the current period.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. The Investment property is currently an asset under construction and not depreciated. Upon completion and letting, the Investment property will be revalued at each reporting date and any changes in fair value will be recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the period amounted to Nil (2025: Nil).

5. Fixed asset investments

	Care home under construction	Total
	£	£
Cost
At 1 April 2025	-	-
Additions	5,139,293	5,139,293
Transfers	5,197,030	5,197,030
	_______	_______
At 30 June 2026	10,336,323	10,336,323
	_______	_______
Impairment
At 1 April 2025 and 30 June 2026	-	-
	_______	_______
Carrying amount
At 30 June 2026	10,336,323	10,336,323
	_______	_______
At 31 March 2025	-	-
	_______	_______

Care Home under construction has an agreement in place to let property to a group member when construction is completed and the property is brought into use.

6. Debtors

	30/06/26	31/03/25
	£	£
Other debtors	313,788	178,905
	_______	_______

7. Creditors: amounts falling due within one year

	30/06/26	31/03/25
	£	£
Trade creditors	560,567	14,434
Amounts owed to group undertakings and undertakings in which the company has a participating interest	4,328,509	-
Other creditors	5,858,233	2,701,554
	_______	_______
	10,747,309	2,715,988
	_______	_______

8. Events after the end of the reporting period

After the year end there is the intention to lease the care home upon completion of construction to another group company which will operate the care home.

9. Summary audit opinion

The auditor's report dated 30 July 2026 was unqualified.

The senior statutory auditor was Greg Stapley for and on behalf of Sumer Auditco Limited

10. Related party transactions

During the period the company entered into the following transactions with related parties:

Opening Balances Loans Advances Loans Repaid Closing Balance

at 01/04/2025 at 30/06/2026

£ £ £ £

Rutherford Finance Ltd 2,699,604 2,901,302 - 5,600,906

Lindemann Care Home Group Ltd - 4,328,450 - 4,328,450

TDI Care Operations Ltd - 49 - 49

The balances outstanding at the year end are unsecured, interest free, and are repayable on demand. No guarantees have been given or received in respect of these balances.

11. Controlling Party

At the year end, the parent company was Lindemann Care Home Group Limited (SC827025). The registered office address for Lindemann Care Home Group Limited is 41 Charlotte Square, Edinburgh, EH2 4HQ. Consolidated accounts for Lindemann Care Home Group Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.