REGISTERED NUMBER: SC205216 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Webster Building Supplies Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

377,710

327,071

Investments

6

569,365

569,365

947,075

896,436

CURRENT ASSETS

Stocks

488,119

491,393

Debtors

7

1,327,846

1,272,658

Investments

8

609,043

502,892

Cash at bank and in hand

182,520

414,323

2,607,528

2,681,266

CREDITORS

Amounts falling due within one year

9

(377,293

)

(498,011

)

NET CURRENT ASSETS

2,230,235

2,183,255

TOTAL ASSETS LESS CURRENT LIABILITIES

3,177,310

3,079,691

PROVISIONS FOR LIABILITIES

(94,427

)

(81,768

)

NET ASSETS

3,082,883

2,997,923

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

3,081,883

2,996,923

3,082,883

2,997,923

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 4 December 2025 and were signed on its behalf by:

Mr P S Miller - Director

1.	STATUTORY INFORMATION

Webster Building Supplies Limited is a private company, limited by shares, domiciled in Scotland, registration number SC205216. The registered office is 5 Campsie Road, Kirkintilloch, G66 1SL.

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.

Preparation of consolidated financial statements

The financial statements contain information about Webster Building Supplies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of goods and services in respect of trading as a builders merchant, excluding value added tax. Turnover is recognised at the point of sale.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold property costs

-

5% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

15% on cost

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represents purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

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

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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is

determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

Listed investments

Investments in listed shares are included at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

138,750

AMORTISATION

At 1 April 2024

and 31 March 2025

138,750

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Short

leasehold

Fixtures

property

Plant and

and

costs

machinery

fittings

£

£

£

COST

At 1 April 2024

13,561

214,762

20,645

Additions

-

165,540

1,355

Disposals

-

(124,300

)

-

At 31 March 2025

13,561

256,002

22,000

DEPRECIATION

At 1 April 2024

13,561

117,243

20,192

Charge for year

-

32,017

656

Eliminated on disposal

-

(70,489

)

-

At 31 March 2025

13,561

78,771

20,848

NET BOOK VALUE

At 31 March 2025

-

177,231

1,152

At 31 March 2024

-

97,519

453

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

384,330

16,217

649,515

Additions

29,800

-

196,695

Disposals

-

-

(124,300

)

At 31 March 2025

414,130

16,217

721,910

DEPRECIATION

At 1 April 2024

156,361

15,087

322,444

Charge for year

58,927

645

92,245

Eliminated on disposal

-

-

(70,489

)

At 31 March 2025

215,288

15,732

344,200

NET BOOK VALUE

At 31 March 2025

198,842

485

377,710

At 31 March 2024

227,969

1,130

327,071

6.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

564,290

5,075

569,365

NET BOOK VALUE

At 31 March 2025

564,290

5,075

569,365

At 31 March 2024

564,290

5,075

569,365

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,012,925

1,100,377

Amounts owed by group undertakings

126,342

48,000

Other debtors

188,579

124,281

1,327,846

1,272,658

8.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Listed investments

609,043

502,892

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

308,701

178,360

Amounts owed to group undertakings

4,803

204,919

Taxation and social security

24,185

70,479

Other creditors

39,604

44,253

377,293

498,011

10.	RELATED PARTY DISCLOSURES

During the year an administration charge of Nil (2024: £7,813) was paid to Dan Ramsay & Son Limited, a company in which Mr D F Stewart is also a director.