Convery Prenty Shields Architects Ltd

Registered number

SC355997

Filleted Accounts

31 March 2025

Convery Prenty Shields Architects Ltd
Registered number:		SC355997
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		84,109			116,680
Investments	4		22,500			26,250
			106,609			142,930

Current assets
Debtors	5	681,916			653,090
Cash at bank and in hand		259,352			215,946
		941,268			869,036

Creditors: amounts falling due within one year	6	(358,030)			(393,590)

Net current assets			583,238			475,446

Total assets less current liabilities			689,847			618,376

Creditors: amounts falling due after more than one year	7		(61,405)			(117,095)

Provisions for liabilities			(21,027)			(29,170)


Net assets			607,415			472,111

Capital and reserves
Ordinary shares			6			6
Share premium			46,996			46,996
Profit and loss account			560,413			425,109

Shareholders' funds			607,415			472,111

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.

S Prenty
Director
Approved by the board on 3 December 2025

Convery Prenty Shields Architects 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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: Fixtures, fittings & equipment 25% straight line & 25% reducing balance Motor vehicles 25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	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			24		22


3	Tangible fixed assets
		Fixtures, fittings and equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	109,373		107,235		216,608
	At 31 March 2025	109,373		107,235		216,608

	Depreciation
	At 1 April 2024	68,084		31,844		99,928
	Charge for the year	13,723		18,848		32,571
	At 31 March 2025	81,807		50,692		132,499

	Net book value
	At 31 March 2025	27,566		56,543		84,109
	At 31 March 2024	41,289		75,391		116,680


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2024					26,250
	Amortisation					(3,750)

	At 31 March 2025					22,500

	The company owns 100% shareholding in Young and Gault (Architecture & Design) Ltd. Company number: SC621900.


5	Debtors			2025		2024
£					£

	Trade debtors			665,326		642,884
	Prepayments			16,590		10,206
				681,916		653,090

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

	Bank loans and overdrafts			36,679		36,678
	Obligations under finance lease and hire purchase contracts			25,896		25,857
	Trade creditors			86,167		75,432
	Directors' current account			3,000		12,510
	Corporation Tax			121,081		102,655
	Other taxes and social security costs			17,915		18,680
	VAT			52,468		105,663
	Accruals			5,731		5,710
	Other creditors			9,093		10,405
				358,030		393,590


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

	Bank loans			32,766		69,433
	Obligations under finance lease and hire purchase contracts			28,639		47,662
				61,405		117,095

8	Other information

	Convery Prenty Shields Architects Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	4th Floor
	144 West George Street
	Glasgow
	G2 2HG


8	Controlling party

	The company is jointly controlled by SSEF Ltd, Mount Annan Limited, East of West Ltd and Timoney & Timoney Ltd. The company does not have a single ultimate controlling party.