Holme Properties Orkney Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC276366

		31 January 2026		31 January 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		334,347		-

			334,347		-
CURRENT ASSETS
Debtors	5	1,712		11,175
Cash at bank and in hand		14,718		52,110

		16,430		63,285
Creditors: Amounts Falling Due Within One Year	6	(4,098 )		(29,883 )

NET CURRENT ASSETS (LIABILITIES)			12,332		33,402

TOTAL ASSETS LESS CURRENT LIABILITIES			346,679		33,402

Creditors: Amounts Falling Due After More Than One Year	7		(440,385 )		(103,679 )

NET LIABILITIES			(93,706 )		(70,277 )

CAPITAL AND RESERVES
Called up share capital	8		200		200
Profit and Loss Account			(93,906 )		(70,477 )

SHAREHOLDERS' FUNDS			(93,706)		(70,277)

Page 1

Page 2

Holme Properties Orkney Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Joy Butcher

Director

22 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Holme Properties Orkney Limited is a private company, limited by shares, incorporated in Scotland, registered number SC276366 . The registered office is 1 Work Road, Kirkwall, Orrkney, KW15 1UF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on Cost
Plant & Machinery	15% on Reducing Balance
Fixtures & Fittings	15% on Reducing Balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 4)

Page 3

Page 4

Holme Properties Orkney Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 February 2025	-	-	-	-
Additions	324,422	2,048	10,721	337,191

As at 31 January 2026	324,422	2,048	10,721	337,191

Depreciation
As at 1 February 2025	-	-	-	-
Provided during the period	2,043	307	494	2,844

As at 31 January 2026	2,043	307	494	2,844

Net Book Value
As at 31 January 2026	322,379	1,741	10,227	334,347

As at 1 February 2025	-	-	-	-

5. Debtors

	31 January 2026	31 January 2025
	£	£
Due within one year
Trade debtors	-	8,808
Other debtors	1,712	2,367

	1,712	11,175

6. Creditors: Amounts Falling Due Within One Year

	31 January 2026	31 January 2025
	£	£
Trade creditors	923	1,611
Other creditors	3,175	18,934
Taxation and social security	-	9,338

	4,098	29,883

Page 4

Page 5

Holme Properties Orkney Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due After More Than One Year

	31 January 2026	31 January 2025
	£	£
Other loans	440,385	-
Other creditors	-	103,679

	440,385	103,679

8. Share Capital

	31 January 2026	31 January 2025
	£	£
Allotted, Called up and fully paid	200	200

Page 5