REGISTERED NUMBER: SC495839 (Scotland)

C & G Developments (Scotland) Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C B Porteous

G R Turnbull

REGISTERED OFFICE:

1 Dalmation House

Spott Road

Dunbar

East Lothian

EH42 1LE

REGISTERED NUMBER:

SC495839 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

The Lighthouse

Heugh Road

North Berwick

EH39 5PX

FIXED ASSETS

Tangible assets

4

136,846

172,780

CURRENT ASSETS

Stocks

316,827

155,000

Debtors

5

39,716

94,735

Cash at bank

180,808

161,438

537,351

411,173

CREDITORS

Amounts falling due within one year

6

307,820

221,010

NET CURRENT ASSETS

229,531

190,163

TOTAL ASSETS LESS CURRENT LIABILITIES

366,377

362,943

CREDITORS

Amounts falling due after more than one year

7

(86,550

)

(98,340

)

PROVISIONS FOR LIABILITIES

(32,949

)

(41,392

)

NET ASSETS

246,878

223,211

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

245,878

222,211

246,878

223,211

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 directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

C B Porteous - Director

1.	STATUTORY INFORMATION

C & G Developments (Scotland) 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 represents invoiced provision of property development and building projects.

Revenue from development projects are recognised when the service has been provided and all obligations to the customers under the agreement have been fulfilled.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The financial statements have been prepared on the going concern principle which assumes that the company will continue to trade in the foreseeable future.

Provisions

Provisions are recognised where the company has a present obligation as a result of a past event, it

is probable the company will be required to settle the obligations, and a reliable estimate can be

made of the obligations. The amount recgonised as a provision is the best estimate of the

consideration required to settle the present obligation at the end of the reporting period, taking into

account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

279,575

Additions

34,796

Disposals

(9,191

)

At 31 March 2025

305,180

DEPRECIATION

At 1 April 2024

106,795

Charge for year

64,168

Eliminated on disposal

(2,629

)

At 31 March 2025

168,334

NET BOOK VALUE

At 31 March 2025

136,846

At 31 March 2024

172,780

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

191,205

Additions

33,985

Transfer to ownership

(60,820

)

At 31 March 2025

164,370

DEPRECIATION

At 1 April 2024

55,576

Charge for year

41,093

Transfer to ownership

(33,595

)

At 31 March 2025

63,074

NET BOOK VALUE

At 31 March 2025

101,296

At 31 March 2024

135,629

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,535

89,171

Other debtors

15,181

5,564

39,716

94,735

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,000

8,000

Hire purchase contracts

30,209

36,682

Trade creditors

116,567

77,121

Taxation and social security

54,661

29,029

Other creditors

98,383

70,178

307,820

221,010

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,333

9,333

Hire purchase contracts

85,217

89,007

86,550

98,340

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

C B Porteous

Balance outstanding at start of year

1,947

(51

)

Amounts advanced

-

1,998

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,947

1,947