REGISTERED NUMBER: SC052043 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

D.& R. Murray(Hawick)limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R A G Murray

Mrs S M Hay

Miss J M Murray

REGISTERED OFFICE:

17 Commercial Road

Hawick

Roxburghshire

TD9 7AQ

REGISTERED NUMBER:

SC052043 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

BANKERS:

Bank of Scotland

7 High Street

Hawick

TD9

FIXED ASSETS

Property, plant and equipment

4

294

692

Investments

5

920,709

2

Investment property

6

6,025,470

6,960,470

6,946,473

6,961,164

CURRENT ASSETS

Debtors

7

98,655

95,493

Cash at bank and in hand

1,044,105

796,254

1,142,760

891,747

CREDITORS

Amounts falling due within one year

8

286,904

263,602

NET CURRENT ASSETS

855,856

628,145

TOTAL ASSETS LESS CURRENT LIABILITIES

7,802,329

7,589,309

PROVISIONS FOR LIABILITIES

282,500

183,500

NET ASSETS

7,519,829

7,405,809

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Revaluation reserve

9

2,963,191

2,963,191

Other reserves

50,000

50,000

Retained earnings

4,456,638

4,342,618

SHAREHOLDERS' FUNDS

7,519,829

7,405,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 4 August 2026 and were signed on its behalf by:

R A G Murray - Director

1.	STATUTORY INFORMATION

D.& R. Murray(Hawick)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

Revenue 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.

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2025

and 28 February 2026

446,194

3,763

449,957

DEPRECIATION

At 1 March 2025

446,194

3,071

449,265

Charge for year

-

398

398

At 28 February 2026

446,194

3,469

449,663

NET BOOK VALUE

At 28 February 2026

-

294

294

At 28 February 2025

-

692

692

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 March 2025

2

-

2

Additions

-

900,000

900,000

Revaluations

-

20,707

20,707

At 28 February 2026

2

920,707

920,709

NET BOOK VALUE

At 28 February 2026

2

920,707

920,709

At 28 February 2025

2

-

2

Cost or valuation at 28 February 2026 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2026

-

20,707

20,707

Cost

2

900,000

900,002

2

920,707

920,709

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

6,960,470

Disposals

(935,000

)

At 28 February 2026

6,025,470

NET BOOK VALUE

At 28 February 2026

6,025,470

At 28 February 2025

6,960,470

Fair value at 28 February 2026 is represented by:

£

Valuation in 2010

2,672,744

Valuation in 2021

(386,328

)

Cost

3,739,054

6,025,470

Investment Properties were revalued on 16th March 2021 by Mr R Murray, a director of D & R Murray (Hawick) Limited, on the basis of open market value for existing use.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade debtors

5,475

3,167

Other debtors

71,284

66,936

Loan to Trust

2,809

2,809

Prepayments

19,087

22,581

98,655

95,493

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade creditors

3,471

6,387

Amounts owed to group undertakings

2

2

Tax

90,399

30,055

Other creditors

6,591

6,591

Directors' current accounts

175,812

207,148

Deferred income

3,650

8,900

Accrued expenses

6,979

4,519

286,904

263,602

The director has undertaken not to withdraw the balance on their current account except to the extent allowed by company profitability and resultant cashflow.

9.

RESERVES

Revaluation

reserve

£

At 1 March 2025

and 28 February 2026

2,963,191

10.	RELATED PARTY DISCLOSURES

At the year end, D&R Murray (Hawick) Ltd were due £15,006 (2025: £11,606) from Bayhill Farming Ltd and £55,331 (2025: £55,331) from Goodfellows Properties Ltd. They were also due £6,591 (2025: £6,591) to Melrose Court Properties Ltd.