Table Of Content

‘Company Registration Na, Sc252100 (Scat ‘TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2012 fw TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED CONTENTS: Pane Director rept ae Intepentent assters'ropor 3 _Abbevites balance see 4 5 ln he ablrevnten accounts s-5 TRUMP INTERNATIONAL GOLF-CLUB SCOTLAND LIMITED DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2012 “The iecoreprosen heir repo an tnanaalsatemans fr he oor endo 31 Groene 2012 Princtpal activites “The plncipal ati of ms corpany i the eperaton ot a gel rasan. Review of buslnees “The champlonalp course ani omnnrny sul hause wera completed anc openodin wid uly 2012. Poloving ino lunch, tha course wom oven fr 2 parod tf 16 waeks {nl the end ofthe 2072 golf season) and the umbirevelersdrng tat shat me ar exezodod aur expecialions, ‘The couse recpensd sn mid Anil 2019 and continued! co atuactsobal victors tm the eas, generating @ ostve pac on ihe local ebay 8 sea by onal and rion tes, cub abate and managers it bubleatione schon The Sealamag, July 12, 2079 ane abertenbusinasanens co.uk, AUgUSE 20.2019, ‘ung 2042 ana 2012 m number of histone lings en proparty Were raslore and uigraded 1D proxi ‘dena faites and Mvury accomadation arguable. We ee als pressing plans ore naxt phase of ferocot which duds 4 42c0nd tno gol ours and perme lub Rouse, ‘Te curnlelon of me frst share of development eau the createn of several mind! enlpnent Ghpotwities for ndivualy and businesses regionally and natoraly Reeeiinert conunaos ane futher ‘pparttes wl be coated uy ths nex pase, “Tmughond 2012 and 201, Th Trump Crganizaion hes continua to maka a sgrfcartinvostet inh UK frejel over ad stove the dract ote at are bone by and rected in tho nani’ etalemeris of he UK Itad company. “Te tolewina¢rectrs hove fl ce sce 4 January 2012 we 2am ‘ae 2 Tramp re Tre Mel Toone Mra Welsrebers ‘chartable donations Ea aon using I yr, tha company made charitable donations of yeaa TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED DIRECTORS" REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2012 Statement of sectors response “he decors ae raponabla fr preparing tho Diecon® Repo ahd he Branca stalemants In ecceeance ‘th apple ew-and raplavons ‘Company law rca the sirelas ta prparefancilsetemants french Faecal yor. Undo tal the Giogors ewe ocd to prepare the nancial talarens in accortence wih Uied Kengcor’ Generel ‘Accra Aocounling Pract trad Kingdom Acrovring Slandarés and appletle Law), Under company towne dtecora must at approve fre fron talenentsureae Mey afeDetated that hoy giva su ahd fai sow of tha tate of alae of to company ard ofthe proto lacs of Be eampeny fr that parid. In proven these nancial scents the Greer are raged lect sable acousg pieiee andthe eppi hem concen trate judgements and accounting slits tha te veatonabe na puget; a8 Prepare the racial sttees onthe galng cancem bast loss Hc Inaporprise to peste thal the ‘he ectts ara responsible for heen adele accouning records that are suena show and expla tho curpanys tansactone ont ilase with anal sceuray at en ira ine ancal poston ofthe Company ent mn Tham ta enaua tha na Tana etamonts comp mh the Comparice Ar 2008. They So nea responine or saleguaring fe aacts othe cortoany and Renee for aking easonohle see forthe reveniansd deacon of rout and ater onulacten Statement of dixelonure a aattors Sa fara the decors ar anare, thers & no rlmwart aut iarmation of wih the company suators ara Unawara. Aditcnaly, Ina decors five laken al he necessary steps mat they aught to hava tor 2: ‘irectre i order f9 make tremelves swafe of il flovert aude Ifomatcn rc to establish that Me ‘ampony mers ‘ination. “This rp has ber were ascrdence wih the spel provisions mating fo small canes wir Par {8 ofa Companias Act 2006, nner cert Alhe? tints PSS jo, ‘TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED INDEPENDENT AUDITORS’ REPORT TO TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED UNDER SECTION 449 OF THE COMPANIES ACT 2006 ‘Weave oromingd he beasts accounts at out on pages 46, together Wh be fil sere ot “Tain lntertatonal Ga Cub Sealand Lined forthe yor red 31 Dacember 2012 propos under secon "Nafene Companies Ae 206, “Ts rapt 6 mate son lathe cantpan, In aosortence with Chapter 10 of Pat 15 ofthe Companoe Sct 2000. Gur work Res been vdeo "at we might est tothe cormany the maers we te Feqlad ole loins special aur’ reper and fr no ofr puponn. Ta Ue let extant pani byl, Wa Jo ‘ot mccop ar sume raspy fo anyane other tne fe sempany, fr oUF Work, for this rope, a or he Upntone've ava formed Respsetivn reeponstblties of directors and auditors ‘The draco se responsive for preparing Me sbbranaied acoounts in accordance wih ston 244 of the ‘Sampanios et 29981118 oUt reapenabily to form an iependen onion ato weer ha company ‘nile tn deoerablrevited scouts tothe Regetar of Companios nnd wheher the sboretes accounts ive baen grocery prepared n accordance aah he mgulions rade Under tha seen ado reper Ur ‘prin a you, \We eonduced our work n_scrardanne wih Bullen 20084 Bauad by te Aung Pracices Gach [cordance th tet ulin wo have caried oul Ihe proveduros wo canalder necessary to conf. by fetrenca to tho finn snteanl, tat te arnpany ls eed (9 dalversthriniedsceaunls an hat the Sibrvited seco abe aelvere are prone prepares, pinion Irrou opinion. tr company i end to dehverabbrevalad accounts prepared in aurdance wth action {#43} fre Conganes het 2008, and ha erased semunls have been plopetypraperes fh azoordareo "won ragtsnons mace under tet aacion. LE i rae Fraser air Sty sn pe Rhee 203 {ar and on behalf of Johmston Carmichael LLP Statuteny itor uanan's Coun 228 Aya Pace ABIL TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED ABBREVIATED BALANCE SHEET AS AT 31 DECEMBER 2012 zona Ea votes © . e © Fried ossete “Tanga esses 2 2eaTeoH 20,318.108 Curront apsete Seon 9908 Donors sour 52961 ‘Ca0" at bank and inka 101 600 102.335, 797.100 55.206 restora: amounts fling due within ane year 1,961.952) 286521 Net corre (inbites)assela 4.104762) son ots sesets laa ourent bitten 2nan.aan meas Cractore: amounts fling due ater more then one year 22980:944) (24300,621 (6.658,002) (6.998.498 Celod vp store capital 3 2.900 1.000 Prof ross wont (6,ss.022) 908,419) ‘Sharoelaare fund 15,800,002) ecaa19) ‘These abbreatee accounts have heen propared in aetérdanca withthe eroisons apposhle to crmpsnias joc othe small ompanine opine ie Pa 15 af the Commas A 2008. ero th Boo orien on APE ABEL Ake, ir Avvescato Director Company Registration No, SC292100 ‘TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED NOTES TO THE ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2012 1 Accounting policies 1.1. Accounting convention “The tianow elatomans ae propted unser the hse! cost earvanton and n aecordanre withthe Financial Raporing Slander Sraler Ene (eta Api 200} 42 Tumover TTumovar represonts amcunty seotved ane recevable fr goods and services neuf VAT sn rade Geouusts, Foynder members Tees ofa racogfiead Inthe parol Ihey ave recelvez mle anal Subeerpocs inde! gates ant etal purohaees are ranted inthe pod ta ween Moy ralte 13 Tangible fixed soseta ana deprecation ‘Tanita red spect ather than feohold lara! tuitinge ate stated at cost lass depreciation Depron i proved a rales cals So sa of a cost Inge ashmatos rsidl value of each 800 var ts axpeciod seh il, alos, Plantar machinony 259% Reaucing blanca mtr, fonge& equipment 15H Reuctng bela ocr vehicles 25%: Recvangbalanoa ‘sla cecty associated in tho development of the ga resort nave basa captalisad undor Ind ant uiings, Tha gal resort. whien caomtyeampases tha gl cours, sein Buldigs an asintstat Toni, not doprodeted nv i tung developed and cantained to high standard Ongaing fnottenance casi are charged tthe prot and foes acenune nen ieuted Tha aactrs constr the ordoprociion of buldinga thin the goM ragort to be a necesvary departure from tho Flnancat evening Stendare fr Staller Eni (oforve Al 2008) mortar to provide a Uo ai fo vio Prey cantder thoi rosiial vate ws least equal o Bair net Book val ah sry deeveiaion mou ‘hatter tire 414. Deferred txation Dafered fort prided in all ning eteranosa hin rasuln an obigrtinn al the balance shest Gale fn pay er Ta, MQ C0 pay loss fm, 31 eure dle, a ales expactod fo arp wen Bey ‘ysslize Geta on cure! tak reser nw. Timing iferencas asa art feluson of toms of came fn excancrure nization compulationsin procs arent em tose in wich oy are ile the nance snlerenis Golared lak seta ste ravoprien! Vo the estertthal ila ragaccee a3 more TRY thanotty-nilbevecavared. eared ak aceon lain renal discounted 115. Foreign cureney tansation Transocions in vig cate lees corded aero eng the dale of he transaction. Monetary {eves ad Kablites denoninaten i forign curencies ae flransted no atfng atthe rales of ‘echange rig te balanoe sheet ate, Al llores ae Cake pref and leas account TRUMP INTERNATIONAL GOLF CLUB SCOTLAND LIMITED NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 21 DECEMBER 2012 ehxedossete 1 January 2012 ‘aon Depreciston rt danary 2012 Charge forthe yeas (4191 Daoembar 2012 Netbook valve 482" Deoomber 2012 9131 Gecombar 2011 hare capita ted, called wp are aly pal ‘000 Ordinary shares of 1 a8cn ‘The company ooewated by NED J Trump, sector £ 2426608 eagse7 078s? 4810 auareene