Gus Robertson Building Contractor Ltd

Registered number

SC624307

Unaudited Filleted Accounts

31 March 2025

Gus Robertson Building Contractor Ltd
Registered number:		SC624307
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		600,244			447,880

Current assets
Stocks		5,333			36,917
Debtors	4	204,952			171,581
Cash at bank and in hand		176,402			179,255
		386,687			387,753

Creditors: amounts falling due within one year	5	(82,271)			(89,249)

Net current assets			304,416			298,504

Total assets less current liabilities			904,660			746,384

Creditors: amounts falling due after more than one year	6		(97,887)			(73,393)



Net assets			806,773			672,991

Capital and reserves
Called up share capital			2			2
Profit and loss account			806,771			672,989

Shareholders' funds			806,773			672,991

The directors are 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 directors acknowledge their 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.




Jennifer Robertson
Director
Approved by the board on 10 December 2025

Gus Robertson Building Contractor Ltd
Notes to the Accounts
for the year ended 31 March 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:

	Office Equipment					25% reducing balance
	Plant & Machinery - containers & scaffolding					over 20 years
	Plant & Machinery - machinery & trailers					over 10 years
	Plant & Machinery - tools & accessories					over 5 years
	Plant & Machinery - tools & machinery batteries					over 3 years
	Motor Vehicles - commercial					20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	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					3		3


3	Tangible fixed assets
		Office Equipment		Plant & Machinery		Motor Vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	1,588		469,411		72,814		543,813
	Additions	674		300,511		-		301,185
	Disposals	(996)		(99,234)		-		(100,230)
	At 31 March 2025	1,266		670,688		72,814		744,768

	Depreciation
	At 1 April 2024	683		79,092		16,158		95,933
	Charge for the year	225		56,550		12,932		69,707
	On disposals	(422)		(20,694)		-		(21,116)
	At 31 March 2025	486		114,948		29,090		144,524

	Net book value
	At 31 March 2025	780		555,740		43,724		600,244
	At 31 March 2024	905		390,319		56,656		447,880


4	Debtors					2025		2024
£							£

	Trade Debtors					159,500		126,798
	Wages Overpaid					280		-
	VAT Reclaimable					25,617		-
	Prepayments & Accrued Income					19,555		44,524
	PAYE/NIC Reclaimable					-		259
						204,952		171,581


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

	Accruals & Deferred Income					1,600		1,100
	VAT Payable					-		24,173
	Trade Creditors					36,960		32,366
	Taxation & Social Security Costs					27,552		19,906
	Deferred Tax					16,159		11,704
						82,271		89,249


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

	Deferred Tax					97,887		73,393


7	Other information

	Gus Robertson Building Contractor Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Sorne House
	Glengorm
	Tobermory
	Isle of Mull
	Argyll & Bute
	PA75 6QD