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REGISTERED NUMBER: SC091718 (Scotland)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

W T SCOTT & PARTNERS LIMITED

W T SCOTT & PARTNERS LIMITED (REGISTERED NUMBER: SC091718)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W T SCOTT & PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: A McShane
P A McShane





SECRETARY: A McShane





REGISTERED OFFICE: 2A Napier Way
Wardpark North
Cumbernauld
G68 0EH





REGISTERED NUMBER: SC091718 (Scotland)





ACCOUNTANTS: Callanders Limited
Chartered Accountants
53 High Street
Dumbarton
G82 1LS

W T SCOTT & PARTNERS LIMITED (REGISTERED NUMBER: SC091718)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 47,227 30,513

CURRENT ASSETS
Stocks 22,000 22,000
Debtors 5 76,291 82,044
Cash at bank and in hand 168,306 256,616
266,597 360,660
CREDITORS
Amounts falling due within one year 6 36,348 80,375
NET CURRENT ASSETS 230,249 280,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,476

310,798

CREDITORS
Amounts falling due after more than one
year

7

-

(3,755

)

PROVISIONS FOR LIABILITIES (8,973 ) (5,797 )
NET ASSETS 268,503 301,246

CAPITAL AND RESERVES
Called up share capital 13,623 13,623
Retained earnings 254,880 287,623
SHAREHOLDERS' FUNDS 268,503 301,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

W T SCOTT & PARTNERS LIMITED (REGISTERED NUMBER: SC091718)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 22 April 2025 and were signed on its behalf by:





P A McShane - Director


W T SCOTT & PARTNERS LIMITED (REGISTERED NUMBER: SC091718)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

W T Scott & Partners 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.

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 represents net invoiced sales of wire guards and steel work, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

W T SCOTT & PARTNERS LIMITED (REGISTERED NUMBER: SC091718)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2024 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 76,096
Additions 39,334
Disposals (26,605 )
At 28 February 2025 88,825
DEPRECIATION
At 1 March 2024 45,583
Charge for year 14,202
Eliminated on disposal (18,187 )
At 28 February 2025 41,598
NET BOOK VALUE
At 28 February 2025 47,227
At 29 February 2024 30,513

W T SCOTT & PARTNERS LIMITED (REGISTERED NUMBER: SC091718)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2024
and 28 February 2025 27,450
DEPRECIATION
At 1 March 2024 12,009
Charge for year 3,860
At 28 February 2025 15,869
NET BOOK VALUE
At 28 February 2025 11,581
At 29 February 2024 15,441

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 74,359 75,179
Other debtors 1,932 6,865
76,291 82,044

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 3,755 3,494
Trade creditors 21,096 27,042
Taxation and social security 7,678 32,398
Other creditors 3,819 17,441
36,348 80,375

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts - 3,755