REGISTERED NUMBER: SC823917 (Scotland)

Unaudited Financial Statements for the Year Ended 30 September 2026

for

Anderson Nicholl Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

611

-

Investment property

5

105,000

91,367

105,611

91,367

CURRENT ASSETS

Debtors

6

171

128

Cash at bank

1,906

7,052

2,077

7,180

CREDITORS

Amounts falling due within one year

7

38,290

67,109

NET CURRENT LIABILITIES

(36,213

)

(59,929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

69,398

31,438

CREDITORS

Amounts falling due after more than one year

8

(82,688

)

(52,500

)

PROVISIONS FOR LIABILITIES

2,475

3,953

NET LIABILITIES

(10,815

)

(17,109

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

3,119

(7,924

)

Retained earnings

(14,034

)

(9,285

)

(10,815

)

(17,109

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 31 October 2026 and were signed on its behalf by:

Ms Katie Dixon - Director

1.	STATUTORY INFORMATION

Anderson Nicholl Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC823917

Registered office:

Lower Ground Floor, 112 George Street

Edinburgh

EH2 4LH

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.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the rental of investment properties in the ordinary course of the company’s activities.

Turnover is recognised on an accruals basis and rents are deferred or accrued where necessary.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

25% on cost

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors or external valuers. Any changes in fair value are recognised in profit or loss account. This accounting policy is in accordance with FRS102.

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.

Going concern

At the balance sheet date, the company has net current liabilities of £36,213 (2025: £59,929) and retained losses of £14,034 (2025: £9,285). The directors have pledged to continue to financial support the company for the foreseeable future. On this basis, the directors feel it is appropriate to prepare these financial statements on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

687

At 30 September 2026

687

DEPRECIATION

Charge for year

76

At 30 September 2026

76

NET BOOK VALUE

At 30 September 2026

611

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2025

91,367

Revaluations

13,633

At 30 September 2026

105,000

NET BOOK VALUE

At 30 September 2026

105,000

At 30 September 2025

91,367

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Fair value at 30 September 2026 is represented by:

£

Valuation in 2025

(9,783

)

Valuation in 2026

13,633

Cost

101,150

105,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

171

128

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

118

Other creditors

38,290

66,991

38,290

67,109

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

82,688

-

Other creditors

-

52,500

82,688

52,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

82,688

-

Creditors due over 1 year include a mortgage on the investment property which are secured of £82,688. A charge is held over the property in favour of the associated lender.

9.

RESERVES

Fair

value

reserve

£

At 1 October 2025

(7,924

)

Transfer from another reserve

11,043

At 30 September 2026

3,119

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 September 2026 and the period ended 30 September 2025:

2026

2025

£

£

Ms Katie Dixon and Mr James Robertson

Balance outstanding at start of year

(66,090

)

-

Amounts advanced

28,700

-

Amounts repaid

-

(66,090

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(37,390

)

(66,090

)

The loan is provided interest free and there are no fixed terms for repayment.