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REGISTERED NUMBER: SC551894 (Scotland)

Unaudited Financial Statements for the Year Ended 31st December 2025

for

MacMillan Waters Limited

MacMillan Waters Limited (Registered number: SC551894)

Contents of the Financial Statements

for the Year Ended 31st December 2025

Page |

Company Information | 1 |

Report of the Accountants | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 4 |

MacMillan Waters Limited

Company Information

for the Year Ended 31st December 2025

| DIRECTORS: | Mr J Hunter

| Mrs H Hunter

| REGISTERED OFFICE: | 48 Townhead Street

| Strathaven

| ML10 6DH

| REGISTERED NUMBER: | SC551894 (Scotland)

| ACCOUNTANTS: | McLaughlin Crolla LLP

| 77/2 Hanover Street

| Edinburgh

| EH2 1EE

MacMillan Waters Limited

Report of the Accountants to the Directors of

MacMillan Waters Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2025 set out on pages four to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

McLaughlin Crolla LLP

77/2 Hanover Street

Edinburgh

EH2 1EE

5th August 2026

MacMillan Waters Limited (Registered number: SC551894)

Balance Sheet

31st December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 7,200 |  | - |  |

Investment property | 5 | 368,000 |  | 368,000 |  |

375,200 |  | 368,000 |  |

CURRENT ASSETS

Cash at bank and in hand | 41,637 |  | 51,831 |  |

CREDITORS

Amounts falling due within one year | 6 | 264,780 |  | 261,040 |  |

NET CURRENT LIABILITIES | (223,143 | ) | (209,209 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 152,057 |  | 158,791 |  |

PROVISIONS FOR LIABILITIES | 18,617 |  | 18,617 |  |

NET ASSETS | 133,440 |  | 140,174 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Other reserves | 55,807 |  | 55,807 |  |

Retained earnings | 77,632 |  | 84,366 |  |

SHAREHOLDERS' FUNDS | 133,440 |  | 140,174 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 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 5th August 2026 and were signed on its behalf by:

Mr J Hunter - Director

MacMillan Waters Limited (Registered number: SC551894)

Notes to the Financial Statements

for the Year Ended 31st December 2025

1. | STATUTORY INFORMATION

| MacMillan Waters 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | 20% on cost

| Computer equipment | - | 20% on cost

| Investment property

| Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

MacMillan Waters Limited (Registered number: SC551894)

Notes to the Financial Statements - continued

for the Year Ended 31st December 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| Cost

| At 1st January 2025 | 19,633 |  |

| Additions | 8,000 |  |

| At 31st December 2025 | 27,633 |  |

| Depreciation

| At 1st January 2025 | 19,633 |  |

| Charge for year | 800 |  |

| At 31st December 2025 | 20,433 |  |

| Net book value

| At 31st December 2025 | 7,200 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| Fair value

| At 1st January 2025

| and 31st December 2025 | 368,000 |  |

| Net book value

| At 31st December 2025 | 368,000 |  |

| At 31st December 2024 | 368,000 |  |

| Fair value at 31st December 2025 is represented by:

£ |

| Valuation in 2021 | 74,410 |  |

| Cost | 293,590 |  |

368,000 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Tax | - |  | 1,860 |  |

| Directors' loan accounts | 261,300 |  | 256,300 |  |

| Accrued expenses | 3,480 |  | 2,880 |  |

264,780 |  | 261,040 |  |