REGISTERED NUMBER: SC068875 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

ALEXANDER BROWN PLUMBING FITTINGS

SPECIALISTS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C A Brown

REGISTERED OFFICE:

1320 Springburn Road

Glasgow

G21 1UT

REGISTERED NUMBER:

SC068875 (Scotland)

ACCOUNTANTS:

SD Business Management

Suite 4.5 Turnberry House

175 West George Street

Glasgow

G2 2LB

FIXED ASSETS

Tangible assets

4

232,717

241,583

CURRENT ASSETS

Stocks

22,250

18,850

Debtors

148,809

256,986

Cash at bank

124,106

65,845

295,165

341,681

CREDITORS

Amounts falling due within one year

321,053

353,048

NET CURRENT LIABILITIES

(25,888

)

(11,367

)

TOTAL ASSETS LESS CURRENT LIABILITIES

206,829

230,216

PROVISIONS FOR LIABILITIES

947

2,105

NET ASSETS

205,882

228,111

CAPITAL AND RESERVES

Called up share capital

3,750

3,750

Capital redemption reserve

6,250

6,250

Retained earnings

195,882

218,111

SHAREHOLDERS' FUNDS

205,882

228,111

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2025 and were signed by:

C A Brown - Director

1.	STATUTORY INFORMATION

Alexander Brown Plumbing Fittings Specialists Ltd 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

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

310,461

Additions

1,342

At 31 March 2025

311,803

DEPRECIATION

At 1 April 2024

68,878

Charge for year

10,208

At 31 March 2025

79,086

NET BOOK VALUE

At 31 March 2025

232,717

At 31 March 2024

241,583

5.	SECURED DEBTS

The Royal Bank of Scotland plc holds a standard security and a bond and floating charge over the company's assets.

6.	RELATED PARTY DISCLOSURES