REGISTERED NUMBER: SC179146 (Scotland)

Financial Statements for the Year Ended 31 January 2026

for

Dun-Aliscaig Estate Management Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A S Brown

S M Brown

SECRETARY:

M A S Brown

REGISTERED OFFICE:

Dun-Aliscaig

Edderton

Tain

Ross-Shire

IV19 1LF

REGISTERED NUMBER:

SC179146 (Scotland)

ACCOUNTANTS:

Highland Accountancy Practice

Chartered Accountants

Suite 1A, Willow House

Stoneyfield Business Park

Inverness

Highland

IV2 7PA

FIXED ASSETS

Tangible assets

4

327,115

207,242

CURRENT ASSETS

Debtors

10,697

35,135

Cash at bank

255,541

140,215

266,238

175,350

CREDITORS

Amounts falling due within one year

126,243

15,848

NET CURRENT ASSETS

139,995

159,502

TOTAL ASSETS LESS CURRENT LIABILITIES

467,110

366,744

CREDITORS

Amounts falling due after more than one year

(147,467

)

(78,998

)

PROVISIONS FOR LIABILITIES

(46,545

)

(39,376

)

NET ASSETS

273,098

248,370

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

273,096

248,368

SHAREHOLDERS' FUNDS

273,098

248,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 October 2026 and were signed on its behalf by:

M A S Brown - Director

1.	STATUTORY INFORMATION

Dun-Aliscaig Estate Management 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

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation, impairment losses, and reversals of impairment losses (where applicable).

Freehold Property consists of land and a number of old farm buildings. These were damaged prior to the year end and are subject to insurance claims. Work is ongoing to repair these. As such they will likely have a higher value than original cost when repaired and as a result the company makes a departure from current accounting standards, choosing not to depreciate the freehold property. It is believed that this way gives a true and fair view of their value.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Grant income

Grant income relating to revenue items is written off fully in year of receipt. Grant income relating to capital items is taken to the balance sheet and released to the profit and loss account in line with depreciation.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

511,082

Additions

171,340

Disposals

(27,151

)

At 31 January 2026

655,271

DEPRECIATION

At 1 February 2025

303,840

Charge for year

46,635

Eliminated on disposal

(22,319

)

At 31 January 2026

328,156

NET BOOK VALUE

At 31 January 2026

327,115

At 31 January 2025

207,242

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 February 2025

and 31 January 2026

66,282

DEPRECIATION

At 1 February 2025

9,942

Charge for year

8,451

At 31 January 2026

18,393

NET BOOK VALUE

At 31 January 2026

47,889

At 31 January 2025

56,340

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.1.26

31.1.25

£

£

M A S Brown

Balance outstanding at start of year

(60,585

)

(65,460

)

Amounts advanced

5,483

5,526

Amounts repaid

(85,000

)

(651

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(140,102

)

(60,585

)

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, M Brown.