TAIGH LTD


Director	SANDISON, Rory Alasdair


Registered Address	Faside Castle
	Faside Castle
	Tranent
	EH33 2LE


Registered Number	SC554407 (Scotland)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		180,281		180,931
			180,281		180,931
Current assets
Debtors	4	600		2,000
Cash at bank and on hand		1,180		326
		1,780		2,326
Creditors amounts falling due within one year	5	(12,421)		(13,026)
Net current assets (liabilities)			(10,641)		(10,700)
Total assets less current liabilities			169,640		170,231
Creditors amounts falling due after one year	6		(143,979)		(139,794)
Net assets			25,661		30,437
Capital and reserves
Called up share capital			1		1
Revaluation reserve			48,464		48,464
Profit and loss account			(22,804)		(18,028)
Shareholders' funds			25,661		30,437

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 15 October 2026, and are signed on its behalf by:

SANDISON, Rory Alasdair
Director
Registered Company No. SC554407

TAIGH LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	10
	Office Equipment	3

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 25	183,849
	At 31 January 26	183,849
	Depreciation and impairment
	At 01 February 25	2,918
	Charge for year	650
	At 31 January 26	3,568
	Net book value
	At 31 January 26	180,281
	At 31 January 25	180,931

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	600	2,000
Total	600	2,000

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Other creditors	11,307	11,911
Accrued liabilities and deferred income	1,114	1,115
Total	12,421	13,026

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	143,979	139,794
Total	143,979	139,794

7.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
SANDISON, Rory Alasdair	9,574	0	562	9,012
	9,574	0	562	9,012