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REGISTERED NUMBER: SC035756 (Scotland)














Financial Statements

for the Year Ended 30 September 2024

for

Archd. Fergusson Limited

Archd. Fergusson Limited (Registered number: SC035756)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Archd. Fergusson Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S A Thomson
I M Thomson
L E Thomson





SECRETARY: I M Thomson





REGISTERED OFFICE: Ardgowan
Strachur
ARGYLL
PA27 8DG





REGISTERED NUMBER: SC035756 (Scotland)





ACCOUNTANTS: Henderson & Company
160 Argyll Street
Dunoon
ARGYLL
PA23 7NA

Archd. Fergusson Limited (Registered number: SC035756)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 168,271 138,772

CURRENT ASSETS
Stocks 453,946 619,840
Debtors 5 20,361 13,520
Cash at bank and in hand 370,060 246,563
844,367 879,923
CREDITORS
Amounts falling due within one year 6 247,641 260,589
NET CURRENT ASSETS 596,726 619,334
TOTAL ASSETS LESS CURRENT
LIABILITIES

764,997

758,106

CREDITORS
Amounts falling due after more than one year 7 (31,230 ) (21,545 )

PROVISIONS FOR LIABILITIES (9,809 ) (16,375 )
NET ASSETS 723,958 720,186

CAPITAL AND RESERVES
Called up share capital 8 23,925 23,925
Share premium 145 145
Retained earnings 699,888 696,116
SHAREHOLDERS' FUNDS 723,958 720,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Archd. Fergusson Limited (Registered number: SC035756)

Balance Sheet - continued
30 September 2024


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 12 June 2025 and were signed on its behalf by:





S A Thomson - Director


Archd. Fergusson Limited (Registered number: SC035756)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Archd. Fergusson 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.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance

Stocks
These items are valued at the lower of cost and net realisable value, after making due allowance for both directors valuations where appropriate, and for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads,

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.

Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Archd. Fergusson Limited (Registered number: SC035756)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the Profit and Loss Account in the year they are payable.

Government grants
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the Profit and Loss Account over the expected useful life of the assets. Grants towards revenue expenditure are released to the Profit and Loss Account as the related expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 52,584 422,122 474,706
Additions - 68,150 68,150
Disposals - (40,000 ) (40,000 )
At 30 September 2024 52,584 450,272 502,856
DEPRECIATION
At 1 October 2023 - 335,934 335,934
Charge for year - 38,651 38,651
Eliminated on disposal - (40,000 ) (40,000 )
At 30 September 2024 - 334,585 334,585
NET BOOK VALUE
At 30 September 2024 52,584 115,687 168,271
At 30 September 2023 52,584 86,188 138,772

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,969 2,020
Other debtors 8,392 11,500
20,361 13,520

Archd. Fergusson Limited (Registered number: SC035756)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 27,278 12,311
Trade creditors 10,785 30,055
Taxation and social security 10,377 42,468
Other creditors 199,201 175,755
247,641 260,589

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 31,230 21,545

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
23,925 Ordinary £1 23,925 23,925

9. RELATED PARTY DISCLOSURES

The directors have advanced sums to the company. As at 30 September 2024 the total amount owed to them by the company amounted to £136,909 (2023 - £138,095). No interest is paid, and there are no fixed terms for repayment. Dividends of £20,000 were paid during the year to the directors.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors who hold all of the issued share capital.