REGISTERED NUMBER: SC559405 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

DROCHAID RUAIDH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M W Grosset

REGISTERED OFFICE:

R A Clement Associates

5 Argyll Square

OBAN

PA34 4AZ

REGISTERED NUMBER:

SC559405 (Scotland)

ACCOUNTANTS:

R A Clement Associates

5 Argyll Square

OBAN

Argyll

PA34 4AZ

FIXED ASSETS

Tangible assets

4

334,320

222,119

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

5

26,117

15,978

Cash at bank and in hand

8,246

1,143

36,363

19,121

CREDITORS

Amounts falling due within one year

6

172,601

64,319

NET CURRENT LIABILITIES

(136,238

)

(45,198

)

TOTAL ASSETS LESS CURRENT LIABILITIES

198,082

176,921

CREDITORS

Amounts falling due after more than one year

7

(51,907

)

(76,075

)

PROVISIONS FOR LIABILITIES

(15,825

)

(18,894

)

NET ASSETS

130,350

81,952

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

130,250

81,852

SHAREHOLDERS' FUNDS

130,350

81,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2026 and were signed by:

M W Grosset - Director

1.	STATUTORY INFORMATION

Drochaid Ruaidh Limited is a private company, limited by shares , 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.

Freehold property

-

Nil

Improvements to property

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

property

fittings

£

£

£

COST

At 1 April 2025

111,370

92,261

80,844

Additions

125,630

-

3,899

At 31 March 2026

237,000

92,261

84,743

DEPRECIATION

At 1 April 2025

-

53,495

34,640

Charge for year

-

5,814

7,515

At 31 March 2026

-

59,309

42,155

NET BOOK VALUE

At 31 March 2026

237,000

32,952

42,588

At 31 March 2025

111,370

38,766

46,204

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

30,786

736

315,997

Additions

-

-

129,529

At 31 March 2026

30,786

736

445,526

DEPRECIATION

At 1 April 2025

5,421

322

93,878

Charge for year

3,805

194

17,328

At 31 March 2026

9,226

516

111,206

NET BOOK VALUE

At 31 March 2026

21,560

220

334,320

At 31 March 2025

25,365

414

222,119

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

26,117

15,978

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

15,000

15,000

Hire purchase contracts

4,699

4,699

Trade creditors

6,032

8,243

Taxation and social security

19,734

8,957

Other creditors

127,136

27,420

172,601

64,319

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

39,768

56,609

Hire purchase contracts

12,139

16,838

Other creditors

-

2,628

51,907

76,075

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

54,768

71,609

The Royal Bank of Scotland PLC holds security over the Roy Bridge Hotel and a floating charge.

9.	RELATED PARTY DISCLOSURES

The director, Mr M W Grosset, is also a director of Strategic Technical Solutions Limited.

At 31 March 2026, the company is owed £14,920 from Strategic Technical Solutions Limited.