Registration number: SC427893

D. I. Lamont & Co. Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account	4
Statement of Comprehensive Income	5
Balance Sheet	6
Statement of Changes in Equity	7
Notes to the Unaudited Financial Statements	8 to 12

D. I. Lamont & Co. Limited

Company Information

Director

Mr Martin Iain Lamont

Registered office

Rockcliffe East Bay Mallaig Inverness-Shire Invernessshire Scotland PH41 4QF

Accountants

Jack MacDonald & Co Cuan Aille 1 Aldersyde Taynuilt Argyll PA35 1AG

D. I. Lamont & Co. Limited

Director's Report for the Year Ended 30 June 2026

The director presents his report and the financial statements for the year ended 30 June 2026.

Director of the company

The director who held office during the year was as follows:

Mr Martin Iain Lamont

Principal activity

The principal activity of the company is fishing

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 19 August 2026
 

......................................... Mr Martin Iain Lamont Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
D. I. Lamont & Co. Limited
for the Year Ended 30 June 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of D. I. Lamont & Co. Limited for the year ended 30 June 2026 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of D. I. Lamont & Co. Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of D. I. Lamont & Co. Limited and state those matters that we have agreed to state to the Board of Directors of D. I. Lamont & Co. Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D. I. Lamont & Co. Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that D. I. Lamont & Co. Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of D. I. Lamont & Co. Limited. You consider that D. I. Lamont & Co. Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of D. I. Lamont & Co. Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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

Jack MacDonald & Co
Cuan Aille
1 Aldersyde
Taynuilt
Argyll
PA35 1AG

19 August 2026

D. I. Lamont & Co. Limited

Profit and Loss Account for the Year Ended 30 June 2026

	Note	2026 £	2025 £
Turnover		1,043,651	1,191,712
Cost of sales		(35,542)	(49,442)
Gross profit		1,008,109	1,142,270
Administrative expenses		(459,357)	(973,833)
Operating profit		548,752	168,437
Profit before tax	3	548,752	168,437
Tax on profit		(138,832)	(51,096)
Profit for the financial year		409,920	117,341

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

D. I. Lamont & Co. Limited

Statement of Comprehensive Income for the Year Ended 30 June 2026

	2026 £	2025 £
Profit for the year	409,920	117,341
Total comprehensive income for the year	409,920	117,341

D. I. Lamont & Co. Limited

(Registration number: SC427893)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	108,780	108,780
Tangible assets	5	46,627	68,283
		155,407	177,063
Current assets
Cash at bank and in hand		341,989	190,024
Creditors: Amounts falling due within one year	7	(169,631)	(99,242)
Net current assets		172,358	90,782
Net assets		327,765	267,845
Capital and reserves
Called up share capital	8	100	100
Retained earnings		327,665	267,745
Shareholders' funds		327,765	267,845

For the financial year ending 30 June 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 19 August 2026
 

......................................... Mr Martin Iain Lamont Director

D. I. Lamont & Co. Limited

Statement of Changes in Equity for the Year Ended 30 June 2026

	Share capital £	Retained earnings £	Total £
At 1 July 2025	100	267,745	267,845
Profit for the year	-	409,920	409,920
Dividends	-	(350,000)	(350,000)
At 30 June 2026	100	327,665	327,765

	Share capital £	Retained earnings £	Total £
At 1 July 2024	100	300,404	300,504
Profit for the year	-	117,341	117,341
Dividends	-	(150,000)	(150,000)
At 30 June 2025	100	267,745	267,845

D. I. Lamont & Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	20% reducing balance

D. I. Lamont & Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Boat fishing licences	In accordance with lifetime of licence

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

D. I. Lamont & Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2025 - 4).

3	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	11,656	17,069

D. I. Lamont & Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 July 2025	108,780	108,780
At 30 June 2026	108,780	108,780
Amortisation
Carrying amount
At 30 June 2026	108,780	108,780
At 30 June 2025	108,780	108,780

5	Tangible assets

	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 July 2025	180,275	207,454	387,729
Disposals	-	(20,000)	(20,000)
At 30 June 2026	180,275	187,454	367,729
Depreciation
At 1 July 2025	124,252	195,194	319,446
Charge for the year	11,204	452	11,656
Eliminated on disposal	-	(10,000)	(10,000)
At 30 June 2026	135,456	185,646	321,102
Carrying amount
At 30 June 2026	44,819	1,808	46,627
At 30 June 2025	56,023	12,260	68,283

6

Debtors

Current	2026 £	2025 £
	-	-

D. I. Lamont & Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	162,948	71,726
Accruals and deferred income	3,600	3,600
Other creditors	3,083	23,916
	169,631	99,242

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

9	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	63,899	62,326

10	Parent and ultimate parent undertaking

Lamont Leasing Ltd originally acquired 50% of DI Lamont & Co Ltd on 15th November 2017. A further 25% was acquired on 30th April 2018 and the final 25% on 18th November 2024.

 The company's immediate parent is Lamont Leasing Ltd, incorporated in Scotland.

 The most senior parent entity producing publicly available financial statements is Lamont Leasing Ltd. These financial statements are available upon request from Companies House, Scotland