The 10 children, representing Stirling, the Highlands and Islands, Turnberry, Yorkshire and Wales, have a shared heritage of those from across the UK who formed the armies who fought during the two-day battle.
They were lead by a drummer as they walked from the new Bannockburn visitor centre to the Borestone marker, where Robert the Bruce is said to have planted his standard the night before the battle.
Sir Kenneth Calman, chairman of the National Trust for Scotland, which owns the Bannockburn heritage site, said: "We remember the events of 700 years ago at this long-established place of commemoration.
"We are pleased to be joined by youngsters representing many of the peoples who fought here on those fateful days.
"In taking part in this tradition, they are learning the story of this place and its significance to our heritage."
Culture Secretary Fiona Hyslop said: "This commemoration not only allows us to reflect but also to look ahead and use the lessons from history to shape our future.
"The creation of this award-winning visitor centre is a fitting way to remember this important period in history and allows current and future generations to gain a deeper understanding by immersing themselves in the story of the battle."