REGISTERED NUMBER: SC420705 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

LUMSDEN MURRAY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J G Lumsden

REGISTERED OFFICE:

499 Lanark Road

Juniper Green

Edinburgh

Lothian

EH14 5DQ

REGISTERED NUMBER:

SC420705 (Scotland)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

BANKERS:

Bank of Scotland

PO Box 17235

Edinburgh

EH11 1YH

SOLICITORS:

Morton Fraser MacRoberts LLP

9 Haymarket Square

Edinburgh

EH3 8RY

FIXED ASSETS

Investment property

4

420,000

420,000

CURRENT ASSETS

Debtors

5

37

37

Cash at bank

15,946

11,132

15,983

11,169

CREDITORS

Amounts falling due within one year

6

148,341

168,896

NET CURRENT LIABILITIES

(132,358

)

(157,727

)

TOTAL ASSETS LESS CURRENT LIABILITIES

287,642

262,273

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

19,072

19,072

Retained earnings

268,470

243,101

SHAREHOLDERS' FUNDS

287,642

262,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 24 July 2026 and were signed by:

Ms J G Lumsden - Director

1.	STATUTORY INFORMATION

Lumsden Murray Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest £.

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 represents the total of rent received by the company for rental of own property.

Investment property

The company carries investment property at fair value with changes in fair value being recognised in the Income Statement. Any such changes together with the related deferred tax are transferred to a Revaluation Reserve.

Financial instruments

Bank and other loans are shown at amortised cost, with interest and up front charges in connection with the loans being allocated to accounting periods by applying the effective interest rate method.

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 (2025 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

420,000

NET BOOK VALUE

At 31 March 2026

420,000

At 31 March 2025

420,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2023

19,072

Cost

400,928

420,000

In the director's opinion the open market value of the investment property at 31 March 2026 was £420,000 (2025:£420,000). The director's opinion has been arrived at after reviewing transactions in the location and category of the investment property being valued.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

37

37

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

8,505

8,527

Other creditors

139,836

160,369

148,341

168,896