Scott & Scott, (Bournemouth), Limited.

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 7

Scott & Scott, (Bournemouth), Limited.

Company Information

Directors

A J Scott Mrs J L Holmes

Company secretary

Mrs J L Holmes

Registered office

Ground Floor Centenary House Peninsula Park Rydon Lane Exeter EX2 7XE

Accountants

PKF Francis Clark Chartered AccountantsTowngate House 2-8 Parkstone Road Poole Dorset BH15 2PW

Scott & Scott, (Bournemouth), Limited.

Balance Sheet

31 December 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	650,000	650,000
Current assets
Debtors	6	193	-
Other financial assets	5	576,468	417,677
Cash at bank and in hand		76,949	102,323
		653,610	520,000
Creditors: Amounts falling due within one year	7	(15,097)	(16,279)
Net current assets		638,513	503,721
Total assets less current liabilities		1,288,513	1,153,721
Creditors: Amounts falling due after more than one year	7	(5,000)	(5,000)
Provisions for liabilities		(182,145)	(146,551)
Net assets		1,101,368	1,002,170
Capital and reserves
Called up share capital		6,750	6,750
Profit and loss account		1,094,618	995,420
Shareholders' funds		1,101,368	1,002,170

Scott & Scott, (Bournemouth), Limited.

Balance Sheet

31 December 2025

For the financial year ending 31 December 2025 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 21 September 2026 and signed on its behalf by:
 

......................................... A J Scott Director

Company Registration Number: 00198662

Scott & Scott, (Bournemouth), Limited.

Notes to the Financial Statements

Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Ground Floor Centenary House
Peninsula Park
Rydon Lane
Exeter
EX2 7XE

The principal place of business is:
Ball Farm House
10 Milton Road
Pewsey
Wiltshire
SN9 5JJ

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including Section 1A and the Companies Act 2006.

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 have been prepared using £ Sterling and rounded to the nearest whole pound.

Revenue recognition

Turnover comprises rents receivable from tenants during the year.

Scott & Scott, (Bournemouth), Limited.

Notes to the Financial Statements

Year Ended 31 December 2025

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Current asset investments are included at market value.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

Scott & Scott, (Bournemouth), Limited.

Notes to the Financial Statements

Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Investment properties

	2025 £
At 1 January 2025	650,000
At 31 December 2025	650,000

5	Other financial assets (current and non-current)

	Listed shares £	Total £
Current financial assets
Cost or valuation
At 1 January 2025	417,677	417,677
Revaluations	142,262	142,262
Additions	47,759	47,759
Disposals	(31,230)	(31,230)
At 31 December 2025	576,468	576,468
Carrying amount
At 31 December 2025	576,468	576,468
At 31 December 2024	417,677	417,677

6

Debtors

	2025 £	2024 £
Other debtors	193	-
	193	-

Scott & Scott, (Bournemouth), Limited.

Notes to the Financial Statements

Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	8,801	8,399
Accruals and deferred income	5,796	7,380
Other creditors	500	500
	15,097	16,279

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	5,000	5,000

8

Reserves

Included in the profit and loss reseves are £721,483 (2024: £614,702) of non distributable reserves.

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Redeemable preference shares	5,000	5,000