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Registered number: SC375372
Fidelis Scotland Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Directors W M Gordon
J L Gordon
Company Number SC375372
Registered Office Colleonard House
Banff
Aberdeenshire
AB45 3TP
Page 1
Page 2
Balance Sheet
Registered number: SC375372
2026 2025
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 104,516 93,453
Debtors 6 323,512 553,283
Cash at bank and in hand 1,432,679 1,408,939
1,860,707 2,055,675
Creditors: Amounts Falling Due Within One Year 7 (476,688 ) (756,162 )
NET CURRENT ASSETS (LIABILITIES) 1,384,019 1,299,513
TOTAL ASSETS LESS CURRENT LIABILITIES 1,384,019 1,299,513
NET ASSETS 1,384,019 1,299,513
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,383,919 1,299,413
SHAREHOLDERS' FUNDS 1,384,019 1,299,513
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
J L Gordon
Director
14th October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Fidelis Scotland Limited is a private company, limited by shares, incorporated in Scotland, registered number SC375372 . The registered office is Colleonard House, Banff, Aberdeenshire, AB45 3TP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Plant & Machinery 100% on cost
Fixtures & Fittings 100% on cost
Computer Equipment 100% on cost
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was 3 (2025: 2)
3 2
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 57,296 2,706 2,604 62,606
Disposals (28,558 ) (2,706 ) (200 ) (31,464 )
As at 31 March 2026 28,738 - 2,404 31,142
Depreciation
As at 1 April 2025 57,296 2,706 2,604 62,606
Disposals (28,558 ) (2,706 ) (200 ) (31,464 )
As at 31 March 2026 28,738 - 2,404 31,142
Net Book Value
As at 31 March 2026 - - - -
As at 1 April 2025 - - - -
5. Stocks
2026 2025
£ £
Stock 104,516 93,453
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 312,392 553,283
VAT 11,120 -
323,512 553,283
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 178,359 263,437
Corporation tax 83,861 67,343
VAT - 8,683
Other creditors 4,400 -
Redeemable preference shares 200,000 400,000
Accruals 9,444 16,075
Directors' loan accounts 624 624
476,688 756,162
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Page 5
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The company in under control of J Gordon by virtue of their ownership of 100% of the issued share capital in the company's parent Fidelis International Holdings Limited.
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