Findony Limited - Accounts

Registered number

SC170191

Findony Limited

Report and Financial Statements

31 January 2026

Findony Limited
Registered number:		SC170191
Director's Report

The director presents his report and financial statements for the year ended 31 January 2026.

Principal activities
The company's principal activity during the year continued to be that of a holding company of a group that sells meat and vegetarian products.

Future developments
The directors intend to keep implementing the same policies that have kept consistent profitability in the business.

Dividends
Dividends totalling £20,441,950 were paid during the year. The director does not recommend the payment of a dividend at this time.

Directors
The following person served as a director during the year:

	S M Howie

Director's responsibilities

The director is responsible for preparing the report and financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
●	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


Disclosure of information to auditors

The director confirms that:
●	so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
●	he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.



This report was approved by the board on 27 October 2026 and signed on its behalf.



S M Howie
Director

Findony Limited
Strategic Report

The company continues to manage its investments, and a full strategic report for the group is included in the consolidated accounts.


This report was approved by the board on 27 October 2026 and signed on its behalf.



S M Howie
Director

Findony Limited
Independent auditor's report
to the member of Findony Limited

Opinion

We have audited the financial statements of Findony Limited (the 'company') for the year ended 31 January 2026 which comprise the Income Statement, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
●	give a true and fair view of the state of the company's affairs as at 31 January 2026 and of its profit for the year then ended;
●	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
●	have been prepared in accordance with the requirements of the Companies Act 2006.


Basis of opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
●	the director's use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
●	the director has not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.
●	Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information
The other information comprises the information included in the report and financial statements, other than the financial statements and our auditor's report thereon. The director is responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
●	the information given in the strategic report and the director's report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
●	the strategic report and the director's report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the director's report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
●	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
●	the financial statements are not in agreement with the accounting records and returns; or
●	certain disclosures of directors’ remuneration specified by law are not made; or
●	we have not received all the information and explanations we require for our audit; or

●	the director was not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the director's report and from the requirement to prepare a strategic report.

Responsibilities of directors
As explained more fully in the director's responsibilities statement, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the director is responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with the ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit.

In identifying and assessing the risk of material misstatement due to non-compliance with laws and regulations we have carried out the following:
●	Ensured that the engagement team have the appropriate competence, capabilities and skills to identify or recognise non-compliance with laws and regulations;
●	Identified the specific laws and regulations applicable to the entity through discussions with directors and management and through our own knowledge of the sector;
●	Focused on the laws and regulations we consider may have a direct effect on the financial statements, including FRS 102, the Companies Act 2006 and tax compliance legislation;
●	Reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations;
●	Made enquiries of management; and
●	Ensured the engagement team remained alert to instances of non-compliance throughout the audit.

In identifying and assessing the risk of material misstatement due to irregularities, including fraud and how it may occur, the potential for management bias and the override of controls we have:
●	Obtained an understanding of the entity's operations, including the nature of its sources of revenue, and to understand the types of transactions, account balances, financial disclosures and business risks that may result in risk of material misstatement;
●	Vouched balances and reconciling items in key control account reconciliations to supporting documentation;
●	Carried out detailed testing, on a sample basis, to verify the completeness, existence and accuracy of transactions and balances;
●	Made enquiries of management as to where they consider there was a susceptibility to fraud, and their knowledge of any actual, suspected or alleged fraud;
●	Performed analytical procedures to identify any significant or unusual transactions;
●	Investigated the business rationale behind any significant or unusual transactions.
We did not identify any matters relating to non-compliance with laws and regulations, or relating to fraud.
Because of the inherent limitations of an audit, there is an unavoidable risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk of not detecting a material misstatement due to fraud is inherently more difficult than detecting those that result from error as fraud may involve intentional concealment, forgery, collusion, omission or misrepresentation. In addition, the further removed any non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report
This report is made solely to the company's member in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's member those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's member, for our audit work, for this report, or for the opinions we have formed.


Karen Henderson C.A.
(Senior Statutory Auditor)		Stannergate House
for and on behalf of		41 Dundee Road West
bk plus Audit Limited		Broughty Ferry
Chartered Certified Accountants and Statutory Auditor		Dundee
27 October 2026		DD5 1NB

Findony Limited
Income Statement
for the year ended 31 January 2026


Notes		2026		2025
£			£

Turnover	3	216,000		195,000

Administrative expenses		(29,066)		(30,762)
Other operating income		(24,223)		(22,528)

Operating profit	4	162,711		141,710

Income from investments		2,250,000		2,400,000
Interest payable	6	(971)		-

Profit on ordinary activities before taxation		2,411,740		2,541,710

Tax on profit on ordinary activities	7	(158,754)		(39,890)

Profit for the financial year		2,252,986		2,501,820

Findony Limited
Statement of Financial Position
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	8		669,842			695,905
Investments	9		1,401,841			1,433,301
			2,071,683			2,129,206

Current assets
Debtors	10	411,043			18,326,525
Cash at bank and in hand		24,164			92,011
		435,207			18,418,536

Creditors: amounts falling due within one year	11	(95,016)			(54,777)

Net current assets			340,191			18,363,759

Total assets less current liabilities			2,411,874			20,492,965

Creditors: amounts falling due after more than one year	12		(185,386)			(192,623)

Provisions for liabilities
Deferred taxation	13		(115,110)			-

Net assets			2,111,378			20,300,342

Capital and reserves
Called up share capital	14		20,000			20,000
Profit and loss account	15		2,091,378			20,280,342

Total equity			2,111,378			20,300,342




S M Howie
Director
Approved by the board on 27 October 2026

Findony Limited
Statement of Changes in Equity
for the year ended 31 January 2026

Share		Share		Other		Profit		Total
capital		premium		reserves		and loss
account
£		£		£		£		£

At 1 January 2024	20,000		-		-		17,778,522		17,798,522

Profit for the period							2,501,820		2,501,820


At 31 January 2025	20,000		-		-		20,280,342		20,300,342



At 1 February 2025	20,000		-		-		20,280,342		20,300,342

Profit for the financial year							2,252,986		2,252,986

Dividends							(20,441,950)		(20,441,950)

At 31 January 2026	20,000		-		-		2,091,378		2,111,378

Findony Limited
Statement of Cash Flows
for the year ended 31 January 2026

Notes	2026		2025
£		£
Operating activities
Profit for the financial year	2,252,986		2,501,820

Adjustments for:
Income from investments	(2,250,000)		(2,400,000)
Interest payable	971		-
Tax on profit on ordinary activities	158,754		39,890
Depreciation	26,063		28,235
Decrease/(increase) in debtors	17,990,374		(2,513,640)
Increase in creditors	29,763		30,660
	18,208,911		(2,313,035)

Dividends received	2,250,000		2,400,000
Interest paid	(971)		-
Corporation tax paid	(115,297)		(149,472)

Cash generated by/(used in) operating activities	20,342,643		(62,507)

Investing activities
Payments to acquire investments	(18,541)		-
Proceeds from sale of investments	50,001		30,368

Cash generated by investing activities	31,460		30,368

Financing activities
Equity dividends paid	(20,441,950)		-

Cash used in financing activities	(20,441,950)		-

Net cash used
Cash generated by/(used in) operating activities	20,342,643		(62,507)
Cash generated by investing activities	31,460		30,368
Cash used in financing activities	(20,441,950)		-

Net cash used	(67,847)		(32,139)

Cash and cash equivalents at 1 February	92,011		124,150
Cash and cash equivalents at 31 January	24,164		92,011

Cash and cash equivalents comprise:
Cash at bank	24,164		92,011

Findony Limited
Notes to the Accounts
for the year ended 31 January 2026

1	Summary of significant accounting policies

	Basis of preparation
	The financial statements 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. The company is exempt from the requirement to prepare consolidated financial statements by virtue of section 400 of the Companies Act 2006. The consolidated financial statements in which the company and its subsidiary undertakings are included are prepared by Rossco Estates Limited, registered in Scotland. Copies of the accounts of Rossco Estates Limited can be obtained from the Registrar, Companies House, Crown Way, Cardiff CF14 3UZ.

	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 the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Tangible fixed assets

	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years


	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Financial instruments
	The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
	Basic financial assets
	Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
	Other financial assets
	Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.
	Classification of financial liabilities
	Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
	Basic financial liabilities
	Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash at bank and in hand
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Equity instruments
	Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Government grants
	Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. Government grants relating to turnover are recognised as income over the periods when the related costs are incurred. Grants relating to an asset are recognised in income systematically over the asset's expected useful life. If part of such a grant is deferred it is recognised as deferred income rather than being deducted from the asset's carrying amount.


2	Critical accounting estimates and judgements

	In the application of the company’s accounting policies, the Director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.


3	Analysis of turnover					2026		2025
£							£

	Services rendered					216,000		195,000

	By geographical market:

	UK					216,000		195,000


4	Operating profit					2026		2025
£							£
	This is stated after charging:

	Depreciation of owned fixed assets					26,063		28,235
	Auditors' remuneration for audit services					3,000		2,500


5	Staff costs					2026		2025
£							£

	Wages and salaries					-		-
	Social security costs					-		-
	Other pension costs					-		-
						-		-


	Average number of employees during the year					Number	Number

						-		-


6	Interest payable					2026		2025
£							£

	HMRC					971		-


7	Taxation					2026		2025
£							£
	Analysis of charge in period
	Current tax:
	UK corporation tax on profits of the period					43,644		39,890

	Deferred tax:
	Origination and reversal of timing differences					115,110		-


	Tax on profit on ordinary activities					158,754		39,890


	Factors affecting tax charge for period
	The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows:

						2026		2025
£							£
	Profit on ordinary activities before tax					2,411,740		2,541,710

	Standard rate of corporation tax in the UK					25.0%		24%

£							£
	Profit on ordinary activities multiplied by the standard rate of corporation tax					602,935		610,010

	Effects of:
	Expenses not deductible for tax purposes					(564,153)		(576,245)
	Capital allowances for period in excess of depreciation					4,862		6,125

	Current tax charge for period					43,644		39,890


	Factors that may affect future tax charges
	There are no factors that are expected to affect future tax charges.


8	Tangible fixed assets
								Land and buildings
								At cost
£
	Cost or valuation
	At 1 February 2025							1,303,136
	At 31 January 2026							1,303,136

	Depreciation
	At 1 February 2025							607,231
	Charge for the year							26,063
	At 31 January 2026							633,294

	Carrying amount
	At 31 January 2026							669,842
	At 31 January 2025							695,905



9	Investments
Investments in
subsidiary					Other
undertakings					investments		Total
£					£		£
	Cost
	At 1 February 2025			180,031		1,253,270		1,433,301
	Additions			-		18,541		18,541
	Disposals			-		(50,001)		(50,001)

	At 31 January 2026			180,031		1,221,810		1,401,841
	The company holds 20% or more of the share capital of the following companies:

Capital and							Profit (loss)
	Company	Shares held				reserves	for the year
		Class		%	£		£
	Simon Howie Butchers Limited	Ordinary		75		13,687,282		3,923,570
	Shore Energy (UK) limited	Ordinary		30		(373,910)		-
	Rossco Logistics Limited	Ordinary		100		1		-


10	Debtors					2026		2025
£							£

	Trade debtors					18,000		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					3,243		3,243
	Other debtors					389,800		18,323,282
						411,043		18,326,525


11	Creditors: amounts falling due within one year					2026		2025
£							£

	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		36,000
	Corporation tax					3,239		-
	Other taxes and social security costs					9,000		9,000
	Other creditors					82,777		9,777
						95,016		54,777


12	Creditors: amounts falling due after one year					2026		2025
£							£

	Other creditors					185,386		192,623


13	Deferred taxation					2026		2025
£							£

	Accelerated capital allowances					115,110		-


						2026		2025
£							£

	Charged to the profit and loss account					115,110		-

	At 31 January					115,110		-



14	Share capital	Nominal		2026		2026		2025
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		20,000		20,000		20,000


15	Profit and loss account					2026		2025
£							£

	At 1 February					20,280,342		17,778,522
	Profit for the financial year					2,252,986		2,501,820
	Dividends					(20,441,950)		-

	At 31 January					2,091,378		20,280,342


16	Dividends					2026		2025
£							£

	Dividends on ordinary shares (note 15)					20,441,950		-



17	Transactions with the director

	The director has loaned £70,000 to the company. This loan is interest free and repayable on demand.


18	Related party transactions

	Included in other debtors is a loan to consortium company Shore Energy (UK) Limited of £224,880 (2025: £224,800), a loan to Shore Energy Limited of £150,000 (2025: £150,000) and a loan to Rossco Estates Limited (formerly Great Interest Limited) of £15,000 (2025: £17,941,950). All of these loans are interest free and have no fixed date for repayment.


19	Controlling party

	The company's ultimate controlling party is the collective group of trustees of The Millbank 2025 Discretionary Trust and The Milton 2025 Discretionary Trust, acting jointly. No single individual exerts ultimate control.
	The ultimate parent undertaking of the group for which group accounts are drawn up and of which the company is a member is Rossco Estates Limited, registered in Scotland.
	Copies of the accounts of Rossco Estates Limited can be obtained from the Registrar, Companies House, Crown Way, Cardiff CF14 3UZ.


20	Presentation currency

	The financial statements are presented in Sterling rounded to the nearest £.


21	Legal form of entity and country of incorporation

	Findony Limited is a private company limited by shares and incorporated in Scotland.


22	Principal place of business

	The address of the company's principal place of business and registered office is:

	Findony
	Muckhart Road
	Dunning
	Perthshire
	PH2 0RA