REGISTERED NUMBER: SC059910 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

J. & D. Henderson (Bridgeton) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D C Henderson

Mrs R W Henderson

REGISTERED OFFICE:

Johnstone House

52-54 Rose Street

Aberdeen

Aberdeenshire

AB10 1HA

REGISTERED NUMBER:

SC059910 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

5,475,474

5,428,051

Investments

5

4,002

4,002

5,479,476

5,432,053

CURRENT ASSETS

Stocks

98,620

99,150

Debtors

6

12,442

35,469

Cash at bank

10,830

259

121,892

134,878

CREDITORS

Amounts falling due within one year

7

1,855,879

1,776,657

NET CURRENT LIABILITIES

(1,733,987

)

(1,641,779

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,745,489

3,790,274

CREDITORS

Amounts falling due after more than one year

8

(1,215,328

)

(1,305,003

)

PROVISIONS FOR LIABILITIES

(418,105

)

(413,739

)

NET ASSETS

2,112,056

2,071,532

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Fair value reserve

9

1,582,344

1,582,344

Retained earnings

479,712

439,188

2,112,056

2,071,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

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

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 29 August 2025 and were signed on its behalf by:

Mr D C Henderson - Director

1.	STATUTORY INFORMATION

J. & D. Henderson (Bridgeton) 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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on reducing balance

Plant and machinery

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Tractor & motor vehicles

-

10% on cost

Computer equipment

-

33% on cost

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST OR VALUATION

At 1 May 2024

5,379,600

376,034

23,611

Additions

34,738

61,090

-

At 30 April 2025

5,414,338

437,124

23,611

DEPRECIATION

At 1 May 2024

175,611

296,844

20,001

Charge for year

10,296

15,805

541

At 30 April 2025

185,907

312,649

20,542

NET BOOK VALUE

At 30 April 2025

5,228,431

124,475

3,069

At 30 April 2024

5,203,989

79,190

3,610

Tractor &

motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 May 2024

334,827

500

6,114,572

Additions

-

-

95,828

At 30 April 2025

334,827

500

6,210,400

DEPRECIATION

At 1 May 2024

193,565

500

686,521

Charge for year

21,763

-

48,405

At 30 April 2025

215,328

500

734,926

NET BOOK VALUE

At 30 April 2025

119,499

-

5,475,474

At 30 April 2024

141,262

-

5,428,051

Cost or valuation at 30 April 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

Valuation in 2005

417,268

-

-

Valuation in 2017

1,536,243

-

-

Cost

3,460,827

437,124

23,611

5,414,338

437,124

23,611

Tractor &

motor

Computer

vehicles

equipment

Totals

£

£

£

Valuation in 2005

-

-

417,268

Valuation in 2017

-

-

1,536,243

Cost

334,827

500

4,256,889

334,827

500

6,210,400

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

Tractor &

Plant and

motor

machinery

vehicles

Totals

£

£

£

COST OR VALUATION

At 1 May 2024

-

153,000

153,000

Additions

44,500

-

44,500

At 30 April 2025

44,500

153,000

197,500

DEPRECIATION

At 1 May 2024

-

30,600

30,600

Charge for year

4,450

15,300

19,750

At 30 April 2025

4,450

45,900

50,350

NET BOOK VALUE

At 30 April 2025

40,050

107,100

147,150

At 30 April 2024

-

122,400

122,400

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

and 30 April 2025

4,002

NET BOOK VALUE

At 30 April 2025

4,002

At 30 April 2024

4,002

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

-

24,098

Other debtors

12,442

11,371

12,442

35,469

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

94,402

101,442

Hire purchase contracts

7,797

33,801

Trade creditors

397

25,382

Taxation and social security

32,975

7,855

Other creditors

1,720,308

1,608,177

1,855,879

1,776,657

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

1,207,531

1,305,003

Hire purchase contracts

7,797

-

1,215,328

1,305,003

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,003,497

1,045,224

9.

RESERVES

Fair

value

reserve

£

At 1 May 2024

and 30 April 2025

1,582,344

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

Mr D C Henderson

Balance outstanding at start of year

(336,782

)

(568,893

)

Amounts advanced

202,246

243,381

Amounts repaid

(48,592

)

(11,270

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(183,128

)

(336,782

)

11.	RELATED PARTY DISCLOSURES

Included in creditors is a balance due to Timrow Energy Limited, a company controlled by the directors, of £1,409,521 (2024 - £1,143,736).

Included in creditors is a balance due to Mrs R W Henderson, a director of the company, of £110,000 (2024 - £110,000) in respect of an interest free, unsecured loan.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D C Henderson.