REGISTERED NUMBER: SC050536 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

BARTON & DAVIES (JEAN SALOON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I A L Reid

L Reid

J Reid

REGISTERED OFFICE:

97 Lothian Road

Edinburgh

EH3 9AN

REGISTERED NUMBER:

SC050536 (Scotland)

ACCOUNTANTS:

S&W Partners (Scotland) Limited

Q Court

3 Quality Street

Edinburgh

EH4 5BP

FIXED ASSETS

Investments

4

66,871

52,199

Investment property

5

1,801,101

1,085,000

1,867,972

1,137,199

CURRENT ASSETS

Debtors

6

273,668

452,342

Cash at bank

178,940

129,189

452,608

581,531

CREDITORS

Amounts falling due within one year

7

(72,886

)

(41,850

)

NET CURRENT ASSETS

379,722

539,681

TOTAL ASSETS LESS CURRENT LIABILITIES

2,247,694

1,676,880

PROVISIONS FOR LIABILITIES

8

(155,203

)

(67,381

)

NET ASSETS

2,092,491

1,609,499

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Non-distributable reserve

932,473

528,290

Retained earnings

1,155,018

1,076,209

SHAREHOLDERS' FUNDS

2,092,491

1,609,499

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 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 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 Board of Directors and authorised for issue on 12 October 2026 and were signed on its behalf by:

I A L Reid - Director

1.	STATUTORY INFORMATION

Barton & Davies (Jean Saloon) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from gross rents receivable. Turnover from property investment is recognised in accordance to the agreed rental lease between the relevant parties.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is initially recognised in the Income Statement and then transferred to a non-distributable reserve.

LISTED INVESTMENTS

Listed investments are held at market value with any movement in their market value each year being taken to the Income Statement.

IMPAIRMENT OF ASSETS

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

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.

Deferred tax relating to assets carried at fair value is initially recognised in the Income Statement with a subsequent transfer to a non-distributable reserve matching the future tax charge with the unrealised valuation gain to which it relates.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2025

52,199

Reversal of impairments

14,672

At 31 March 2026

66,871

NET BOOK VALUE

At 31 March 2026

66,871

At 31 March 2025

52,199

Cost or valuation at 31 March 2026 is represented by:

Listed

investments

£

Valuation in 2024

(236,091

)

Valuation in 2025

14,715

Valuation in 2026

14,672

Cost

273,575

66,871

Fixed asset investments were valued on an open market basis basis on 31 March 2026 by London Stock Exchange .

Professional valuation of the assets was carried out at quoted market price.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,085,000

Additions

227,030

Revaluations

489,071

At 31 March 2026

1,801,101

NET BOOK VALUE

At 31 March 2026

1,801,101

At 31 March 2025

1,085,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2022

640,554

Valuation in 2026

489,071

Cost

671,476

1,801,101

If the investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

671,476

444,446

Investment property was valued on an open market basis on 31 March 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by related undertakings

218,084

439,994

Other debtors

55,584

12,348

273,668

452,342

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

28,537

2,374

Other creditors

44,349

39,476

72,886

41,850

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

155,203

67,381

Deferred

tax

£

Balance at 1 April 2025

67,381

Provided during year

87,822

Balance at 31 March 2026

155,203

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

J Reid

Balance outstanding at start of year

-

-

Amounts advanced

19,083

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,083

-

The loan attracts interest of 3.75% on overdrawn balances over £10,000. The loan is repayable on demand.

10.	RELATED PARTY DISCLOSURES

Included within "Amounts owed by related undertakings" is an amount of £218,084 (2025 - £439,994) due from a shareholder of the company. The loan is interest free and has no fixed terms of repayment.

Included within "Other creditors" are amounts totalling £4,800 (2025 - "Other debtors" of £48) due to the directors from the company. The loans are interest free and has no fixed terms of repayment.