R.C Adamson Ltd - Filleted accounts

Registered number

SC677455

R.C Adamson Ltd

Filleted Unaudited Accounts

31 October 2025

J T Rennie & Co

Accountants

5 Buccleuch Street

Dumfries

R.C Adamson Ltd
Registered number:		SC677455
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		302,101			197,228

Current assets
Debtors	4	41,789			15,472
Cash at bank and in hand		45,718			52,740
		87,507			68,212

Creditors: amounts falling due within one year	5	(136,598)			(29,383)

Net current (liabilities)/assets			(49,091)			38,829

Total assets less current liabilities			253,010			236,057

Creditors: amounts falling due after more than one year	6		-			(47,991)

Provisions for liabilities			(45,793)			(30,456)


Net assets			207,217			157,610

Capital and reserves
Called up share capital			4			4
Profit and loss account			207,213			157,606

Shareholders' funds			207,217			157,610

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R Adamson
Director
Approved by the board on 4 December 2025

R.C Adamson Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Motor vehicles			25% reducing balance
	Fixtures, fittings, tools and equipment			15% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	37,943		122,389		95,219		255,551
	Additions	24,346		117,450		16,717		158,513
	At 31 October 2025	62,289		239,839		111,936		414,064

	Depreciation
	At 1 November 2024	1,012		38,141		19,170		58,323
	Charge for the year	193		30,255		23,192		53,640
	At 31 October 2025	1,205		68,396		42,362		111,963

	Net book value
	At 31 October 2025	61,084		171,443		69,574		302,101
	At 31 October 2024	36,931		84,248		76,049		197,228


4	Debtors					2025		2024
£							£

	Trade debtors					41,789		4,366
	Other debtors					-		11,106
						41,789		15,472


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					47,991		9,456
	Trade creditors					8,926		666
	Taxation and social security costs					21,483		18,053
	Other creditors					58,198		1,208
						136,598		29,383


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					-		47,991


7	Other information

	R.C Adamson Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	3 Moss Loaning
	Dumfries
	DG1 4FG