CAMPBELL & SELLAR LIMITED


Directors	STRACHAN, Athol Gordon
	STRACHAN, Jacqueline Elspeth


Registered Address	East Lodge Greenwell Road
	East Tullos
	Aberdeen
	AB12 3AX


Registered Number	SC435348 (Scotland)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		275,388		194,032
			275,388		194,032
Current assets
Debtors		85,155		86,666
Cash at bank and on hand		518,984		367,564
		604,139		454,230
Creditors amounts falling due within one year	4	(593,120)		(497,471)
Net current assets (liabilities)			11,019		(43,241)
Total assets less current liabilities			286,407		150,791
Creditors amounts falling due after one year	5		(109,831)		(20,924)
Net assets			176,576		129,867
Capital and reserves
Called up share capital			100		100
Profit and loss account			176,476		129,767
Shareholders' funds			176,576		129,867

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 8 September 2025, and are signed on its behalf by:

STRACHAN, Athol Gordon
Director
Registered Company No. SC435348

CAMPBELL & SELLAR LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	5
	Vehicles	5
	Office Equipment	5

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	12		12

3.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 24	434,975	1,930	60,432	497,337
Additions	189,665	-	2,311	191,976
Disposals	(166,057)	(327)	(4,257)	(170,641)
At 31 December 24	458,583	1,603	58,486	518,672
Depreciation and impairment
At 01 January 24	244,973	1,930	56,402	303,305
Charge for year	77,750	-	1,915	79,665
On disposals	(136,223)	(327)	(3,136)	(139,686)
At 31 December 24	186,500	1,603	55,181	243,284
Net book value
At 31 December 24	272,083	-	3,305	275,388
At 31 December 23	190,002	-	4,030	194,032

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	52,977	79,255
Bank borrowings and overdrafts	13,774	13,686
Amounts owed to related parties	423,118	305,118
Taxation and social security	30,750	56,538
Finance lease and HP contracts	61,850	30,168
Other creditors	8,085	10,485
Accrued liabilities and deferred income	2,566	2,221
Total	593,120	497,471

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	4,167	14,167
Other creditors	105,664	6,757
Total	109,831	20,924

6.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	167,514		36,925