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REGISTERED NUMBER: SC229015 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

R D BUCHAN & SONS LIMITED

R D BUCHAN & SONS LIMITED (REGISTERED NUMBER: SC229015)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R D BUCHAN & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: R A Buchan
M G Buchan
G Buchan





REGISTERED OFFICE: Volum Street
Peterhead
AB42 1TZ





REGISTERED NUMBER: SC229015 (Scotland)





ACCOUNTANTS: Goldwells Ltd
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

R D BUCHAN & SONS LIMITED (REGISTERED NUMBER: SC229015)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 51,118 133,189

CURRENT ASSETS
Stocks 42,750 42,200
Debtors 5 203,548 233,123
Cash at bank and in hand 449,910 329,599
696,208 604,922
CREDITORS
Amounts falling due within one year 6 178,354 130,895
NET CURRENT ASSETS 517,854 474,027
TOTAL ASSETS LESS CURRENT
LIABILITIES

568,972

607,216

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 568,872 607,116
SHAREHOLDERS' FUNDS 568,972 607,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

R D BUCHAN & SONS LIMITED (REGISTERED NUMBER: SC229015)

BALANCE SHEET - continued
31ST MARCH 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 9th June 2025 and were signed on its behalf by:




R A Buchan - Director M G Buchan - Director




G Buchan - Director


R D BUCHAN & SONS LIMITED (REGISTERED NUMBER: SC229015)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

R D Buchan & Sons 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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 11 (2024 - 12 ) .

R D BUCHAN & SONS LIMITED (REGISTERED NUMBER: SC229015)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2024 71,022 253,021 324,043
Additions - 9,078 9,078
Disposals (71,022 ) (3,059 ) (74,081 )
At 31st March 2025 - 259,040 259,040
DEPRECIATION
At 1st April 2024 - 190,854 190,854
Charge for year - 17,068 17,068
At 31st March 2025 - 207,922 207,922
NET BOOK VALUE
At 31st March 2025 - 51,118 51,118
At 31st March 2024 71,022 62,167 133,189

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 198,867 231,960
Prepayments 4,681 1,163
203,548 233,123

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 61,802 46,724
Tax 79,604 69,479
Social security and other taxes 4,600 3,646
VAT 28,089 7,457
Other creditors 1,409 780
Directors' current accounts 15 79
Accrued expenses 2,835 2,730
178,354 130,895