Registration number: SC298514

David W Fyfe Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

David W Fyfe Limited

Company Information

Directors

Ms Catherine Mellor Mrs Anne Noble Fyfe Mrs Alison Jayne Louden Martin Mr David William Fyfe

Company secretary

Mr David William Fyfe

Registered office

7 Seafield Crescent Aberdeen AB15 7XD

Accountants

Bright Partnership Limited Suite 1 Armcon Business Park, London Road South Poynton Cheshire SK12 1LQ

David W Fyfe Limited

(Registration number: SC298514)
Statement of Financial Position as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	481	566
Investment property	5	330,000	320,000
Other financial assets	6	39,505	30,562
		369,986	351,128
Current assets
Cash at bank and in hand		16,128	44,734
Creditors: Amounts falling due within one year	8	(45,732)	(14,856)
Net current (liabilities)/assets		(29,604)	29,878
Total assets less current liabilities		340,382	381,006
Creditors: Amounts falling due after more than one year	8	(17,552)	(79,397)
Net assets		322,830	301,609
Capital and reserves
Called up share capital		113	113
Revaluation reserve		120,484	110,484
Retained earnings		202,233	191,012
Shareholders' funds		322,830	301,609

For the financial year ending 30 April 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 August 2026 and signed on its behalf by:
 

David W Fyfe Limited

(Registration number: SC298514)
Statement of Financial Position as at 30 April 2026

......................................... Mr David William Fyfe Company secretary and director

David W Fyfe Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1	General information

The company is a private company limited by share capital, incorporated in Scotland. The company's registered number and registered office address can be found on the Company Information page.

These financial statements were authorised for issue by the Board on 13 August 2026.

2	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.

These financial statements are presented in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tax

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Tangible fixed assets

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery etc	33% on cost and 15% on reducing balance

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.

Page 4

David W Fyfe Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

3	Staff numbers

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

David W Fyfe Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

4	Tangible assets

	Plant and machinery etc £
Cost or valuation
At 1 May 2025	6,698
At 30 April 2026	6,698
Depreciation
At 1 May 2025	6,132
Charge for the year	85
At 30 April 2026	6,217
Carrying amount
At 30 April 2026	481
At 30 April 2025	566

5	Investment properties

	2026 £
At 1 May	320,000
Revaluation of property	10,000
At 30 April	330,000

Fair value at 30 April 2026 is represented by:
£
Valuation in 2019 £41,543
Valuation in 2020 £10,000
Valuation in 2021 £19,000
Valuation in 2022 (£6,000)
Valuation in 2023 £2,000
Valuation in 2024 £10,000
Valuation in 2025 (£5,000)
Valuation in 2026 £10,000
Cost £243,457
£330,000
The investment property was valued on an open market basis on 30 April 2026 by the directors.
 

David W Fyfe Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

6	Other financial assets (current and non-current)

	Other investments £
Non-current financial assets
Cost or valuation
At 1 May 2025	30,562
Additions	8,943
At 30 April 2026	39,505
Impairment
Carrying amount
At 30 April 2026	39,505

Cost or valuation at 30 April 2026 is represented by:
Other
investments
£
Valuation in 2017 £21,064
Valuation in 2018 £4,900
Valuation in 2019 £851
Valuation in 2020 (£4,275)
Valuation in 2021 £10,205
Valuation in 2022 £967
Valuation in 2023 £469
Valuation in 2024 £4,760
Valuation in 2025 30,562
Valuation in 2026 £ £39,505
Cost £21,621

 

7

Debtors

Current	2026 £	2025 £
	-	-

David W Fyfe Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	1,751	964
Other creditors	43,981	13,892
	45,732	14,856

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		17,552	79,397

9

Reserves

	Investments 2026 £
Amount of revaluation brought forward	110,484
Revaluation unrealised	10,000
At 30 April 2026	120,484