REGISTERED NUMBER: SC469838 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Baillies Marquees Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Angelina Franchitti

Gordon Lewis Murray

REGISTERED OFFICE:

7 Barlanark Avenue

Glasgow

G32 0JR

REGISTERED NUMBER:

SC469838 (Scotland)

ACCOUNTANTS:

Accountants Plus

Chartered Certified Accountants

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

373,193

398,254

373,193

398,254

CURRENT ASSETS

Debtors

6

848,592

866,351

Cash at bank and in hand

82,225

72,375

930,817

938,726

CREDITORS

Amounts falling due within one year

7

273,089

208,816

NET CURRENT ASSETS

657,728

729,910

TOTAL ASSETS LESS CURRENT LIABILITIES

1,030,921

1,128,164

CREDITORS

Amounts falling due after more than one year

8

(268,075

)

(386,684

)

PROVISIONS FOR LIABILITIES

(93,298

)

(99,564

)

NET ASSETS

669,548

641,916

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

669,448

641,816

669,548

641,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 29 October 2026 and were signed on its behalf by:

Angelina Franchitti - Director

Gordon Lewis Murray - Director

1.	STATUTORY INFORMATION

Baillies Marquees 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances

Cash and bank balances are measured at the transaction price.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

300,000

AMORTISATION

At 1 March 2025

and 28 February 2026

300,000

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

1,536,880

Additions

50,444

Disposals

(14,500

)

At 28 February 2026

1,572,824

DEPRECIATION

At 1 March 2025

1,138,626

Charge for year

69,235

Eliminated on disposal

(8,230

)

At 28 February 2026

1,199,631

NET BOOK VALUE

At 28 February 2026

373,193

At 28 February 2025

398,254

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

44,915

49,803

Amounts owed by group undertakings

800,000

800,000

Prepayments

3,677

16,548

848,592

866,351

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

1,755

1,571

Hire purchase contracts

5,184

4,633

Trade creditors

33,306

59,111

Corporation tax

26,781

48,722

Social security and other taxes

6,874

5,872

VAT

61,066

44,212

Other creditors

30,056

2,586

Other loans

25,083

28,278

Directors' current accounts

6,964

10,181

Deposits received

71,800

-

Accrued expenses

4,220

3,650

273,089

208,816

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

11,068

12,823

Hire purchase contracts

8,955

14,139

Other creditors

248,052

359,722

268,075

386,684

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.26

28.2.25

£

£

Bank loans

12,823

14,394

Hire purchase contracts

14,139

18,772

Mr & Mrs J Baillie

273,135

388,000

300,097

421,166

Hire purchase contracts are secured over the assets to which they relate.

A bond and floating charge granted by Baillies Marquees Limited in favour of Joseph Baillie and Maureen Baillie over all the property and undertaking of the company.

10.

RESERVES

Retained

earnings

£

At 1 March 2025

641,816

Profit for the year

65,632

Dividends

(38,000

)

At 28 February 2026

669,448