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Registration number: SC800131

Roslyn Operations Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 28 February 2026

Roslyn Operations Limited

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Detailed Profit and Loss Account | 4 to 5
Profit and Loss Account | 6
Statement of Comprehensive Income | 7
Balance Sheet | 8
Statement of Changes in Equity | 9
Notes to the Unaudited Financial Statements | 10 to 12

Roslyn Operations Limited

Company Information

Directors | Mr Neil Morrison Ms Nicola Armstrong Mr Owen Cossar Mrs Gillian Alexandra Morrison

Registered office | 9 Erray Road Tobermory Isle of Mull Argyll Scotland PA75 6PS

Accountants | Jack MacDonald & Co Cuan Aille 1 Aldersyde Taynuilt Argyll PA35 1AG

Roslyn Operations Limited

Directors' Report for the Year Ended 28 February 2026

The directors present their report and the financial statements for the year ended 28 February 2026.

Directors of the company

The directors who held office during the year were as follows:

Mr Neil Morrison

Ms Nicola Armstrong

Mr Owen Cossar

Mrs Gillian Alexandra Morrison

Principal activity

The principal activity of the company is provision of holiday accommodation

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 11 August 2026 and signed on its behalf by:

......................................... Mr Neil Morrison Director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Roslyn Operations Limited
for the Year Ended 28 February 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Roslyn Operations Limited for the year ended 28 February 2026 as set out on pages 6 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Roslyn Operations Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Roslyn Operations Limited and state those matters that we have agreed to state to the Board of Directors of Roslyn Operations Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Roslyn Operations Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Roslyn Operations Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Roslyn Operations Limited. You consider that Roslyn Operations Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Roslyn Operations Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Jack MacDonald & Co
Cuan Aille
1 Aldersyde
Taynuilt
Argyll
PA35 1AG

11 August 2026

Roslyn Operations Limited

Detailed Profit and Loss Account for the Year Ended 28 February 2026

| Year ended 28 February 2026 £ | 22 February 2024 to 28 February 2025 £
turnover (analysed below) | 206,002 | 133,676
Cost of sales (analysed below) | (49,588) | (26,068)
Gross profit | 156,414 | 107,608
Gross profit (%) | 75.93% | 80.5%
Administrative expenses |  |
Establishment costs (analysed below) | (84,568) | (59,186)
General administrative expenses (analysed below) | (16,628) | (5,374)
Finance charges (analysed below) | (4,041) | (2,129)
| (105,237) | (66,689)
Operating profit | 51,177 | 40,919
Profit before tax | 51,177 | 40,919

Roslyn Operations Limited

Detailed Profit and Loss Account for the Year Ended 28 February 2026

| 2026 £ | 2025 £

Turnover |  |
Sale of goods, UK | 206,002 | 133,676

Cost of sales |  |
Purchases | (27,528) | (9,902)
Direct costs | (4,780) | (6,950)
Wages and salaries (excluding directors) | (17,280) | (9,216)
| (49,588) | (26,068)

Establishment costs |  |
Rent | (72,000) | (46,000)
Light, heat and power | (12,568) | (13,186)
| (84,568) | (59,186)

General administrative expenses |  |
Repairs and maintenance | (4,871) | -
Telephone and fax | (782) | (625)
Computer software and maintenance costs | (1,648) | (1,045)
Printing, postage and stationery | (318) | (287)
Trade subscriptions | - | (129)
Sundry expenses | (210) | -
Travel and subsistence | (73) | -
Advertising | (632) | (370)
Accountancy fees | (1,166) | -
Consultancy fees | (6,555) | (2,700)
Legal and professional fees | (373) | (218)
| (16,628) | (5,374)

Finance charges |  |
Bank charges | (4,041) | (2,129)

Roslyn Operations Limited

Profit and Loss Account for the Year Ended 28 February 2026

| Note | 2026 £ | 2025 £
Turnover |  | 206,002 | 133,676
Cost of sales |  | (49,588) | (26,068)
Gross profit |  | 156,414 | 107,608
Administrative expenses |  | (105,237) | (66,689)
Operating profit |  | 51,177 | 40,919
Profit before tax |  | 51,177 | 40,919
Tax on profit |  | (9,812) | (7,774)
Profit for the financial year |  | 41,365 | 33,145

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Roslyn Operations Limited

Statement of Comprehensive Income for the Year Ended 28 February 2026

| 2026 £ | 2025 £
Profit for the year | 41,365 | 33,145
Total comprehensive income for the year | 41,365 | 33,145

Roslyn Operations Limited

(Registration number: SC800131)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Current assets |  |  |
Debtors | 3 | 28,070 | 27,839
Cash at bank and in hand |  | 66,368 | 23,271
|  | 94,438 | 51,110
Creditors: Amounts falling due within one year | 4 | (19,828) | (17,865)
Net assets |  | 74,610 | 33,245
Capital and reserves |  |  |
Called up share capital | 5 | 100 | 100
Retained earnings |  | 74,510 | 33,145
Shareholders' funds |  | 74,610 | 33,245

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 11 August 2026 and signed on its behalf by:

......................................... Mr Neil Morrison Director

Roslyn Operations Limited

Statement of Changes in Equity for the Year Ended 28 February 2026

| Share capital £ | Retained earnings £ | Total £
At 1 March 2025 | 100 | 33,145 | 33,245
Profit for the year | - | 41,365 | 41,365
At 28 February 2026 | 100 | 74,510 | 74,610

| Share capital £ | Retained earnings £ | Total £
Profit for the year | - | 33,145 | 33,145
New share capital subscribed | 100 | - | 100
At 28 February 2025 | 100 | 33,145 | 33,245

Roslyn Operations Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Roslyn Operations Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

3 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 25,041 | 25,116
Other debtors | 3,029 | 2,723
| 28,070 | 27,839

Roslyn Operations Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | - | 75
Taxation and social security | 9,812 | 7,774
Other creditors | 10,016 | 10,016
| 19,828 | 17,865

5 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100