Contents of the Financial Statements

for the Period Ended 31 March 2026

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Directors

The director shown below has held office during the whole of the period from
1 April 2025 to 31 March 2026

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 June 2026

And signed on behalf of the board by:
Name: Carl Patching
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2026

Balance sheet

As at 31 March 2026

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2026

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  The turnover shown in the Income Statement represents amounts received for the supply of services to customers exclusive of value added tax and is accounted for on an accruals basis.

  Tangible fixed assets depreciation policy

  Tangible Fixed Assets are stated at cost less depreciation. Depreciation of the Photovoltaic Systems is charged by equal annual installments commencing in the year of acquisition over a twenty-five-year period, in line with the asset’s ability to generate Feed in Tariff income for the company.

  Other accounting policies

  Basis of Accounting These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime, and under the historical cost convention, modified for the application of the break-up basis as explained below. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in Sterling (£). Non-Going Concern Basis of Preparation Following the cessation of trading activities on 31 March 2025 and the transfer of the PV systems and associated loan to Highland Residential (Inverness) Limited, a fellow group subsidiary, at that date, followed by the transfer of all other assets and liabilities to Albyn Housing Society during the year, the directors have concluded that it is no longer appropriate to prepare the financial statements on a going concern basis. As such the financial statements have been prepared on a non-going concern basis. The Company will be dissolved once the financial statements are signed. There have been no adjustments made to the financial statements as a result of the application of the non-going concern basis of accounting. Financial Instruments The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Taxation The tax expense represents the sum of the current tax expense and deferred tax expense. Current tax assets are recognised when tax paid exceeds the tax payable. Current tax is based on taxable profit for the year. Current tax assets and liabilities are measured using tax rates that have been enacted or substantively enacted by the reporting date. Deferred Taxation Deferred taxation is provided using the rates estimated to arise when the timing differences reverse and is accounted for to the extent that it is probable that a liability or asset will crystallise. Deferred tax assets and liabilities have not been discounted. Critical Accounting Estimates and Areas of Judgement The preparation of the financial statements requires management to make certain judgements concerning the application of accounting policies. Given the cessation of trading activities and transfer of all assets and liabilities prior to the year end, there are no critical accounting estimates or areas of significant judgement that have a material effect on these financial statements.

Notes to the Financial Statements

for the Period Ended 31 March 2026

• 2. Employees

  	2026	2025
  Average number of employees during the period	0	0