SOUTH ISLAY DEVELOPMENT
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2026-06-09 (in 1mo)
Last made up 2025-05-26
Watchouts
None on the register
Cash
£428K
-46.3% vs 2024
Net assets
£4M
+59.1% vs 2024
Employees
9
-10% vs 2024
Profit before tax
—
Period ending 2025-05-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Turnover | £795,604 | £797,376 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £904,898 | £1,321,979 | |
| Cash | £797,580 | £428,292 | |
| Total assets less current liabilities | £2,253,301 | £3,564,652 | |
| Net assets | £2,238,182 | £3,560,161 | |
| Equity | £2,238,182 | £3,560,161 | |
| Average employees | 10 | 9 | |
| Wages | £130,742 | £132,989 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Net margin | 113.7% | 165.8% | |
| Current ratio | 2.51x | 3.20x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- William Duncan + Co (Audit) Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- SOUTH ISLAY DEVELOPMENT · parent
- South Islay Trading Company 100%
Significant events
- “Heavy rainfall during the winter and spring has resulted in significant water logging of the site. As a consequence, progress on the construction of the Community Hub and the repositioning of the children's play park has been limited, and completion is now approximately one year overdue.”
- “Ferry disruptions and the lack of accommodation for the workforce have also impacted delivery schedules.”
- “Sonas Childcare, an independent charity for many years, was at risk of closure during the year following the resignation of its Chair and the absence of replacement governance capacity. ... decision was taken to bring the group within the governance structure of South Islay Development (SID) as a formal subgroup in the Autumn of 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CURRIE, Gordon Macdougall | Director | 2011-05-26 | Apr 1969 | British |
| FAGGETTER, Ian Michael | Director | 2019-09-01 | May 1956 | Scottish |
| FINDLAY, John Wallace Robertson | Director | 2011-05-26 | May 1970 | British |
| GORDON, Rosie Alice | Director | 2022-03-10 | Jan 1988 | Scottish |
| JOHNSTON, Dionne Louise | Director | 2020-02-20 | Sep 1994 | Scottish |
| MCFARLANE, James Boyd | Director | 2019-10-24 | Aug 1986 | Scottish |
| MCGRANN, Patrick John, Dr | Director | 2016-06-03 | Jun 1949 | British |
| PAISLEY, Jordan James | Director | 2020-02-20 | Mar 1989 | British |
| PORTEOUS, James Mcneil | Director | 2014-07-01 | Nov 1951 | British |
| THOMSON, Jacqueline Jane | Director | 2011-10-25 | May 1967 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LAURIE, Kirsten Eleanor | Secretary | 2011-05-26 | 2015-10-23 |
| MACGILLIVRAY, Alyson Mcleod, Mrs. | Secretary | 2017-06-26 | 2024-11-18 |
| MACLEAN, Garry Robert | Secretary | 2015-10-28 | 2017-05-31 |
| ADDISON, Grant | Director | 2021-05-19 | 2022-07-25 |
| BULLER, Diana Mary | Director | 2011-10-25 | 2023-01-19 |
| CAMPBELL, Allan Cameron | Director | 2011-10-25 | 2019-08-17 |
| COLTHART, Niall | Director | 2011-11-15 | 2012-11-27 |
| FARRELL, Jane Anne | Director | 2019-09-01 | 2021-04-27 |
| GILLESPIE, Alexander Neil | Director | 2021-08-04 | 2024-06-05 |
| KNOWLES, Jean Mary, Dr | Director | 2012-11-27 | 2016-02-23 |
| MACALLISTER, Flora | Director | 2011-10-25 | 2017-08-15 |
| MACTAGGART, Ciara Mhairi | Director | 2011-10-25 | 2015-03-05 |
| MCDOUGALL, Susan Isabella | Director | 2015-03-05 | 2021-04-30 |
| MCGEACHY, Emma Jane | Director | 2011-10-25 | 2021-05-14 |
| MCNAB, Eleanor Margaret Quintin | Director | 2016-06-03 | 2020-02-20 |
| MITCHELL, Cameron Mckenzie | Director | 2012-11-27 | 2017-08-15 |
| MORRISON, Elaine | Director | 2011-10-12 | 2012-11-27 |
| NEWMAN, Angus | Director | 2011-10-25 | 2021-02-20 |
| PROTHEROUGH, David Edward | Director | 2011-10-25 | 2013-11-26 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 95 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-02-09 MA Memorandum articles
- 2023-02-09 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AA | accounts | Accounts with accounts type group | |
| 2025-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-20 | AA | accounts | Accounts with accounts type group | |
| 2024-12-03 | CH01 | officers | Change person director company with change date | |
| 2024-12-02 | CH01 | officers | Change person director company with change date | |
| 2024-12-02 | CH01 | officers | Change person director company with change date | |
| 2024-11-19 | CH01 | officers | Change person director company with change date | |
| 2024-11-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-07 | AA | accounts | Accounts with accounts type group | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-09 | MA | incorporation | Memorandum articles | |
| 2023-02-09 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-27 | AA | accounts | Accounts with accounts type group | |
| 2022-07-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-14 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+0.2%
£795,604 £797,376
-
Cash
-46.3%
£797,580 £428,292
-
Net assets
+59.1%
£2,238,182 £3,560,161
-
Employees
-10%
10 9
-
Wages
+1.7%
£130,742 £132,989
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers