No Value Reported iso4217:GBP xbrli:pure xbrli:shares iso4217:GBP xbrli:shares SC248721 2025-04-30 SC248721 2024-04-30 SC248721 2024-05-01 2025-04-30 SC248721 2023-05-01 2024-04-30 SC248721 bus:Director3 2024-05-01 2025-04-30 SC248721 bus:Director2 2024-05-01 2025-04-30 SC248721 bus:Director1 2024-05-01 2025-04-30 SC248721 bus:Director4 2024-05-01 2025-04-30 SC248721 bus:Director5 2024-05-01 2025-04-30 SC248721 bus:SmallEntities 2024-05-01 2025-04-30 SC248721 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 SC248721 bus:FilletedAccounts 2024-05-01 2025-04-30 SC248721 bus:Director1 2024-05-01 2025-04-30 SC248721 2024-05-01 2025-04-30 SC248721 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30
SCOTTISH BUILDING CONTRACT COMMITTEE LIMITED
Registration Number SC248721 (Scotland)
Filleted Unaudited Financial Statements
for the year ended 30 April 2025
SCOTTISH BUILDING CONTRACT COMMITTEE LIMITED
Filleted Financial Statements for the year ended 30 April 2025
STATEMENT OF FINANCIAL POSITION
Notes
2025 £
2024 £
Fixed assets
Investments
2
403,682
Current assets
Inventory
10,649
10,406
Debtors
3
6,635
7,373
Cash at bank and in hand
231,539
586,459
248,823
604,238
Current liabilities
Creditors: amounts falling due within one year
4
57,979
58,881
Net current assets
190,844
545,357
Total assets less current liabilities
594,526
545,357
Net assets
594,526
545,357
Capital and reserves
Called up share capital
5
12,500
15,000
Profit and loss account
582,026
530,357
Shareholder's funds
594,526
545,357
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. These financial statements and reports have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the statement of comprehensive income has been taken.
For the year ended 30 April 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 of its accounts for the year ended 30 April 2025 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirments of the Companies Act 2006 with respect of accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the Board of Directors on 25th September 2025.
Signed by order of the Board of Directors on behalf of Scottish Building Contract Committee Limited on _______________
SCOTTISH BUILDING CONTRACT COMMITTEE LIMITED
Filleted Financial Statements for the year ended 30 April 2025
STATEMENT OF FINANCIAL POSITION
Notes
2025 £
2024 £
_______________________
J McLeish
The notes on pages preview to update form part of these accounts.
SCOTTISH BUILDING CONTRACT COMMITTEE LIMITED
(Registration Number SC248721)
Filleted Financial Statements for the year ended 30 April 2025
NOTES TO THE FINANCIAL STATEMENTS
1.
Summary of significant accounting policies
1.1
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is RIAS, 15 Rutland Square, Edinburgh, EH1 2BE.
RIAS
15 Rutland Square
Edinburgh
EH1 2BE
1.2
Statement of compliance
These financial statements have been prepared in accordance with FRS 102 the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland as adapted by Section 1A of FRS 102 and the Companies Act 2006.
The financial statements are prepared in sterling (£) which is the functional currency of the company and rounded to the nearest £.
1.3
Going concern
The financial statements have been prepared on a going concern basis. The directors have assessed the Company's ability to continue as a going concern and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing these financial statements.
1.2
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
1.3
Investments
Investments are measured at fair value with changes in fair value being recognised in the profit or loss.
1.4
Tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
SCOTTISH BUILDING CONTRACT COMMITTEE LIMITED
(Registration Number SC248721)
Filleted Financial Statements for the year ended 30 April 2025
NOTES TO THE FINANCIAL STATEMENTS
1.5
Turnover and other income
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
1.6
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial assets, which include trade and other debtors,prepaid expenses and cash at bank, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Basic financial liabilities, which include trade and other creditors and taxes due are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. At each reporting date the company assesses whether there is objective evidence that any financial asset has been impaired. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due. The amount of the provision is recognised immediately in profit or loss
2.
Investments
Movement in investments
Investments £
Cost or valuation
At 01 May 2024
-
Additions
402,964
Revaluations
718
At 30 April 2025
403,682
Carrying amount
At 30 April 2024
-
At 30 April 2025
403,682
SCOTTISH BUILDING CONTRACT COMMITTEE LIMITED
(Registration Number SC248721)
Filleted Financial Statements for the year ended 30 April 2025
NOTES TO THE FINANCIAL STATEMENTS
3.
Debtors
Debtors comprise:
Amounts falling due within one year
2025 £
2024 £
Trade debtors
779
2,606
Other debtors
5,853
4,767
6,632
7,373
4.
Creditors: amounts falling due within one year
Creditors: amounts falling due within one year comprise:
2025 £
2024 £
2024 £
Trade creditors
858
627
Other creditors
42,740
43,299
Social security and other taxes
2,521
4,787
Corporation tax
11,860
10,168
57,979
58,881
5.
Called up share capital
Alloted, called up and fully paid
2025 £
2024 £
Ordinary shares of £1 each
12,500
15,000
On 4th April 2025 the company repurchased 2,500 shares of £1 per share. The total consideration paid for these shares amounted to £2,500.
Appendix - Additional XBRL Tags and Values
Accounting standards applied
bus_SmallEntities
Accounts status, audited or unaudited
bus_AuditExemptWithAccountantsReport
Accounts type
bus_FilletedAccounts
Average number of employees during the period
0
Average number of employees during the period
0
Balance sheet date
30 April 2025
Date of auditor's report
0001-01-01
Date of authorisation of financial statements for issue
08 October 2025
Description of principal activities
The company principal activity during the year was that of the production and sale of contract documentation for the construction industry in Scotland.
Director signing Directors' Report
bus_Director1
Director signing financial statements
bus_Director1
End date for period covered by report
30 April 2025
Entity current legal or registered name
Scottish Building Contract Committee Limited
Entity is dormant [true/false]
false
Entity trading status
[default]
Legal form of entity
bus_PrivateLimitedCompanyLtd
Name of entity auditors
CT
Name of entity officer
P J Loftus
Name of entity officer
E G Geddes
Name of entity officer
J McLeish
Name of entity officer
E Fleming
Name of entity officer
S J Peterson
Name of individual auditor
CT
Name of production software
Draftworx Cloud
Start date for period covered by report
01 May 2024
UK Companies House registered number
SC248721
Appendix - Footnotes
Investments
No Value Reported