REGISTERED NUMBER: SC651034 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

UPLAND FORESTRY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Servant

REGISTERED OFFICE:

2 Forestry Houses

Achnacarry

Clunes

Spean Bridge

Inverness-shire

PH34 4EJ

REGISTERED NUMBER:

SC651034 (Scotland)

ACCOUNTANTS:

R A Clement Associates

5 Argyll Square

OBAN

Argyll

PA34 4AZ

FIXED ASSETS

Tangible assets

4

21,709

16,978

CURRENT ASSETS

Stocks

-

10,500

Debtors

5

14,694

5,855

Cash at bank

34,378

24,282

49,072

40,637

CREDITORS

Amounts falling due within one year

6

32,144

16,979

NET CURRENT ASSETS

16,928

23,658

TOTAL ASSETS LESS CURRENT LIABILITIES

38,637

40,636

PROVISIONS FOR LIABILITIES

5,806

4,245

NET ASSETS

32,831

36,391

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

32,731

36,291

SHAREHOLDERS' FUNDS

32,831

36,391

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

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

The director acknowledges his 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 11 September 2026 and were signed by:

G Servant - Director

1.	STATUTORY INFORMATION

Upland Forestry 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.

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.

Turnover

Turnover 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.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 2 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

10,987

36,845

3,340

51,172

Additions

-

17,995

892

18,887

Disposals

-

(11,850

)

-

(11,850

)

At 31 January 2026

10,987

42,990

4,232

58,209

DEPRECIATION

At 1 February 2025

10,987

20,001

3,206

34,194

Charge for year

-

7,063

428

7,491

Eliminated on disposal

-

(5,185

)

-

(5,185

)

At 31 January 2026

10,987

21,879

3,634

36,500

NET BOOK VALUE

At 31 January 2026

-

21,111

598

21,709

At 31 January 2025

-

16,844

134

16,978

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

14,400

5,400

Other debtors

294

455

14,694

5,855

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,722

4,211

Taxation and social security

11,538

11,517

Other creditors

18,884

1,251

32,144

16,979