REGISTERED NUMBER: SC797381 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Dornoch BID Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G G I Dixon

Ms V C Knox

R Smith

Ms C L Bruce

J W McGillivray

T C Thompson

Ms J Johnson

REGISTERED OFFICE:

C/o Mackay & Co CA

Unit 8

Golspie Business Park

Golspie

Sutherland

KW10 6UB

REGISTERED NUMBER:

SC797381 (Scotland)

ACCOUNTANTS:

Mackay & Co

Chartered Accountants

Unit 8

Golspie Business Park

Golspie

Sutherland

KW10 6UB

FIXED ASSETS

Tangible assets

4

649

640

CURRENT ASSETS

Debtors

14,335

6,108

Cash at bank

11,800

10,442

26,135

16,550

CREDITORS

Amounts falling due within one year

17,788

7,431

NET CURRENT ASSETS

8,347

9,119

TOTAL ASSETS LESS CURRENT LIABILITIES

8,996

9,759

RESERVES

Income and expenditure account

5

8,996

9,759

8,996

9,759

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 surplus or deficit 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 July 2026 and were signed on its behalf by:

Ms V C Knox - Director

1.	STATUTORY INFORMATION

Dornoch BID Limited is a private company, limited by guarantee , 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 etc

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

853

Additions

296

At 28 February 2026

1,149

DEPRECIATION

At 1 March 2025

213

Charge for year

287

At 28 February 2026

500

NET BOOK VALUE

At 28 February 2026

649

At 28 February 2025

640

5.

RESERVES

Opening balance

Income

Expenditure

Transfers

Closing balance

£

£

£

£

£

AHFF - 2025

-

8,605

(5,186

)

899

4,318

BID Members Xmas Party - 2025

-

2,560

(2,917

)

357

-

DG Events

-

-

(915

)

915

-

Discover Dornoch Maps

-

4,067

(5,070

)

-

(1,003

)

AFF - Food on the Firth - 2025

-

1,720

(2,466

)

745

-

Winter Light Trail - 2026

-

-

(2,233

)

2,233

-

Unrestricted

9,759

72,447

(71,375

)

(5,149

)

5,682

Total Members Funds

9,759

89,398

(90,161

)

-

8,996