ACCOUNTS - Final Accounts

Creditors: Amounts falling due within one year

Company Registration Number: SC212284

GOWTON LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

GOWTON LIMITED

REGISTERED NUMBER: SC212284

STATEMENT OF FINANCIAL POSITION

AS AT 21 DECEMBER 2025

	21 December	31 December
	2025	2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	3	722,229		739,966
Cash at bank and in hand		283		285
		722,512		740,251
Creditors: amounts falling due within one year	4	(472,161)		(487,848)
Net current assets			250,351		252,403
Total assets less current liabilities			250,351		252,403

Net assets			250,351		252,403

Capital and reserves
Called up share capital	5	2	2
Profit and loss account		250,349	252,401
		250,351	252,403

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Gary MacCulloch

Director

Date: 27 August 2026

The notes on pages 2 to 4 form part of these financial statements.

Page 1

GOWTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

1.	General information

Gowton Limited is a private company, limited by shares, registered in Scotland. The Company's registered number is SC212284 and the registered office address is 19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ.

The principal activity of the Company in the period under review was that of an investment company.

These financial statements have been presented in pound sterling, rounded to the nearest pound, as this is the currency of the primary economic environment in which the Company operates.

The accounting period was shortened to 21 December 2025 and, as a result, the current period's results may not be directly comparable with those of the previous period.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

In preparing these financial statements, the Directors of the Company have given careful consideration to the Group and Company's current and anticipated financial position, its cash flows, liquidity and forecasted performance alongside potential risks and mitigating factors for its ability to continue as a going concern for at least twelve months from the date of issue of these financial statements. Based on this review, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and thus consider it appropriate to prepare the financial statements on a going concern basis.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

GOWTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

Debtors

					21 December	31 December
					2025	2024
					£	£


Amounts owed by group undertakings	722,229	739,966
	722,229	739,966

Amounts owed to group undertakings	470,395	486,348
Accruals and deferred income	1,766	1,500
	472,161	487,848

Allotted, called up and fully paid

2 (2024 - 2) Ordinary shares of £1.00 each	2	2

6.	Related party transactions
	The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Page 3

GOWTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

7.	Controlling party

The Company's parent undertaking at the balance sheet date was Lynnet Leisure (Properties) Limited, a company incorporated in Scotland. Their registered address is 19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ.

The Company's ultimate parent undertaking at the balance sheet date was MML (RES) Limited, a company incorporated in Scotland. Their registered address is 19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ.

The Company’s results are included within the consolidated accounts of MML (RES) Limited which can be obtained from Companies House or the registered address noted above.

Following the period end, on 22 December 2025, ownership of MML (RES) Ltd changed resulting in a new ultimate parent undertaking, Tipple and Title (Holdings) Limited of which there is no ultimate controlling party. Their registered address is 19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ.

Page 4