Abercairn Limited - Filleted accounts

Registered number

SC153907

Abercairn Limited

Filleted Accounts

30 November 2025

Abercairn Limited
Registered number:		SC153907
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		240,272			248,454

Current assets
Stocks		11,306			13,211
Debtors	4	65,496			37,620
Cash at bank and in hand		71,190			95,581
		147,992			146,412

Creditors: amounts falling due within one year	5	(71,127)			(76,456)

Net current assets			76,865			69,956

Total assets less current liabilities			317,137			318,410

Creditors: amounts falling due after more than one year	6		(169,590)			(169,590)



Net assets			147,547			148,820

Capital and reserves
Called up share capital			2			2
Profit and loss account			147,545			148,818

Shareholder's funds			147,547			148,820

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ms Mary Paton
Director
Approved by the board on 21 August 2026

Abercairn Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			2% straight line
	Leasehold land and buildings			over the lease term - 3 years
	Plant and machinery			over 5 years
	Motor Vehicle			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					10		10


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	409,229		30,399		37,500		477,128
	Additions	2,408		1,157		-		3,565
	Disposals	-		(1,070)		-		(1,070)
	At 30 November 2025	411,637		30,486		37,500		479,623

	Depreciation
	At 1 December 2024	171,194		23,578		33,902		228,674
	Charge for the year	8,860		1,988		900		11,748
	On disposals	-		(1,071)		-		(1,071)
	At 30 November 2025	180,054		24,495		34,802		239,351

	Net book value
	At 30 November 2025	231,583		5,991		2,698		240,272
	At 30 November 2024	238,035		6,821		3,598		248,454


4	Debtors					2025		2024
£							£

	Deferred tax asset					1,341		1,445
	Other debtors					64,155		36,175
						65,496		37,620


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					24,288		26,000
	Taxation and social security costs					38,943		45,420
	Other creditors					7,896		5,036
						71,127		76,456


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					169,590		169,590


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					169,590		1,695,990

	The loan is secured over 61 (1F) Frederick Street, Edinburgh


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					138,765		-


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Ms Mary Paton
	Loan 1 - interest free, repayable on demand	(20,647)		(51,526)		21,306		(50,867)

		(20,647)		(51,526)		21,306		(50,867)



10	Related party transactions

	During the year multiple transactions took place between the company and the director. The outstanding balance of the loan at the year end is £50867 due to the company. This is interest free, unsecured and repayable on demand.


11	Controlling party

	The company is controlled by Ms M Paton by virtue of her shareholding.


12	Other information

	Abercairn Limited is a private company limited by shares and incorporated in Scotland Its registered office is:
	61a Frederick Street
	Edinburgh
	EH2 1LH