CALBARRIE (GLASGOW) LIMITED


Director	Mr R M McGregor


Registered Address	0/1 66 Highburgh Road
	Glasgow
	G12 9EN


Registered Number	SC338205 (Scotland)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		56,181		66,591
			56,181		66,591
Current assets
Stocks		30,000		23,500
Debtors	4	178,836		148,460
Cash at bank and on hand		108,004		77,007
		316,840		248,967
Creditors amounts falling due within one year	5	(159,378)		(144,526)
Net current assets (liabilities)			157,462		104,441
Total assets less current liabilities			213,643		171,032
Creditors amounts falling due after one year	6		(9,167)		(22,083)
Provisions for liabilities			(13,587)		(16,550)
Net assets			190,889		132,399
Capital and reserves
Called up share capital			80		80
Profit and loss account			190,809		132,319
Shareholders' funds			190,889		132,399

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 Director acknowledges 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 Director on 29 October 2025, and are signed on its behalf by:

Mr R M McGregor
Director
Registered Company No. SC338205

CALBARRIE (GLASGOW) LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered office address is 0/1, 66 Highburgh Road, Glasgow, G12 9EN. The principal place of business is Unit 10, 15 Ladyloan Place, Glasgow, G15 8LB.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents the net invoiced sales of goods and services, except in respect of service contracts where turnover is recognised when the company obtains the right to the consideration, excluding value added tax, attributable to the one principal activity of the company being that of portable electrical appliance and fire extinguisher testing.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 

Turnover represents the net invoiced sales of goods and services, except in respect of service contracts where turnover is recognised when the company obtains the right to the consideration, excluding value added tax, attributable to the one principal activity of the company being that of portable electrical appliance and fire extinguisher testing.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Current taxation
	Current tax is recognised in profit or loss and represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss and represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Leasehold improvements - 20% straight line Plant and equipment - 15% on reducing balance Fixtures and fittings - 20% straight line Computer equipment - 33% on reducing balance Motor vehicles - 25% on reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit and loss account.

Tangible fixed assets and depreciation

Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements                                              - 20% straight line
Plant and equipment                                                     - 15% on reducing balance
Fixtures and fittings                                                       - 20% straight line
Computer equipment                                                     - 33% on reducing balance
Motor vehicles                                                               - 25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit and loss account.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in the profit and loss account. Reversals of impairment losses are also recognised in the profit and loss account.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in the profit and loss account. Reversals of impairment losses are also recognised in the profit and loss account.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately within current liabilities.

	Financial instruments
	The company only enters into basic financial instruments that result in the recognition of financial assets like trade debtors and creditors. These are measured at amortised cost and are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	11		12

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 February 24	4,205	20,238	88,831	575	7,155	121,004
Additions	-	-	11,132	-	605	11,737
Disposals	-	-	(10,194)	-	-	(10,194)
At 31 January 25	4,205	20,238	89,769	575	7,760	122,547
Depreciation and impairment
At 01 February 24	1,532	15,527	32,328	38	4,988	54,413
Charge for year	841	707	13,189	115	765	15,617
On disposals	-	-	(3,664)	-	-	(3,664)
At 31 January 25	2,373	16,234	41,853	153	5,753	66,366
Net book value
At 31 January 25	1,832	4,004	47,916	422	2,007	56,181
At 31 January 24	2,673	4,711	56,503	537	2,167	66,591

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	171,323	140,708
Other debtors	323	1,340
Prepayments and accrued income	7,190	6,412
Total	178,836	148,460

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	13,262	13,696
Bank borrowings and overdrafts	13,425	30,328
Taxation and social security	106,014	76,447
Other creditors	1,461	1,047
Accrued liabilities and deferred income	25,216	23,008
Total	159,378	144,526

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	9,167	22,083
Total	9,167	22,083

7.	Obligations under finance leases
	At 31 January 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £340 (2024: £332).