Fibreplan Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: SC652256

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Fixed Assets	4		471,025		499,487

			471,025		499,487
CURRENT ASSETS
Debtors	5	1,504,461		1,445,799
Cash at bank and in hand		1,195,574		1,176,717

		2,700,035		2,622,516
Creditors: Amounts Falling Due Within One Year	6	(632,917 )		(763,427 )

NET CURRENT ASSETS (LIABILITIES)			2,067,118		1,859,089

TOTAL ASSETS LESS CURRENT LIABILITIES			2,538,143		2,358,576

PROVISIONS FOR LIABILITIES
Deferred Taxation			(94,106 )		(124,872 )

NET ASSETS			2,444,037		2,233,704

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			2,444,035		2,233,702

SHAREHOLDERS' FUNDS			2,444,037		2,233,704

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J C Gallagher Director	Mr C N Clark Director
8 September 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Fibreplan Limited is a private company, limited by shares, registered in Scotland, company registration number SC652256 . The registered office is 14 The Paddock, Hamilton, South Lanarkshire, ML3 0RB.

The presentation currency of the financial statements is Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

Judgements

The company considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The directors consider there to be no such significant judgements.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

2.4. Turnover

Turnover comprises the invoiced cost of goods and services provided during the year, excluding value added tax. The company's policy is to recognise revenue when substantively all the risks and rewards in connection with the goods and services have been passed to the contractor.

2.5. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

20% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Impairment of tangible fixed assets

At each reporting date non-financial assets not carried at fair value, like plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of value in use and fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

2.6. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and investments in non-puttable ordinary shares.

Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

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Fibreplan Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.7. Taxation

Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a nondiscounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

With the exception of changes arising on the initial recognition of a business combination, the tax expense ispresented either in profit or loss, other comprehensive income or statement of changes in equity depending on the transaction that resulted in the tax expense.

Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate to.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Fixed Assets

	Plant and machinery etc
	£
Cost
As at 1 February 2024	690,052
Additions	141,019
Disposals	(73,500 )

As at 31 January 2025	757,571

Depreciation
As at 1 February 2024	190,565
Provided during the period	125,381
Disposals	(29,400 )

As at 31 January 2025	286,546

Net Book Value
As at 31 January 2025	471,025

As at 1 February 2024	499,487

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	475,371	344,808
Other debtors	1,029,090	1,100,991

	1,504,461	1,445,799

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Fibreplan Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	479	38,498
Other creditors	80,895	432,774
Taxation and social security	551,543	292,155

	632,917	763,427

7. Ultimate Controlling Party

The company's ultimate controlling party is Beauly Developments Ltd by virtue of ownership of 100% of the issued share capital in the company.

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