Registration number: SC607367

James Scott (Holdings) Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

James Scott (Holdings) Ltd

Company Information

Director

Mr James William Watson

Registered office

13-15 Morningside Drive Edinburgh EH10 5LZ

Accountants

JS Accounting Services Ltd 13-15 Morningside Drive Edinburgh EH10 5LZ

James Scott (Holdings) Ltd

(Registration number: SC607367)
Balance Sheet as at 28 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	226,747	226,747
Current assets
Cash at bank and in hand		8	17
Creditors: Amounts falling due within one year	4	(60,563)	(58,975)
Net current liabilities		(60,555)	(58,958)
Total assets less current liabilities		166,192	167,789
Creditors: Amounts falling due after more than one year	4	(162,854)	(166,744)
Net assets		3,338	1,045
Capital and reserves
Called up share capital		2	2
Retained earnings		3,336	1,043
Shareholders' funds		3,338	1,045

For the financial year ending 28 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 September 2026
 

......................................... Mr James William Watson Director

James Scott (Holdings) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 September 2025

1	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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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 income 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.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

James Scott (Holdings) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 September 2025

3	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 29 September 2024	226,747	226,747
At 28 September 2025	226,747	226,747
Depreciation
Carrying amount
At 28 September 2025	226,747	226,747
At 28 September 2024	226,747	226,747

Included within the net book value of land and buildings above is £226,747 (2024 - £226,747) in respect of freehold land and buildings.
 

James Scott (Holdings) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 September 2025

4

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	5	41,789	41,789
Taxation and social security		714	2,110
Accruals and deferred income		5,000	5,000
Other creditors		13,060	10,076
		60,563	58,975

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	5	162,854	166,744

5	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	162,854	166,744

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,864	2,864
Other borrowings	38,925	38,925
	41,789	41,789