REGISTERED NUMBER: SC395543 (Scotland)

A F Bruce Engineering Limited

Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A F Bruce

REGISTERED OFFICE:

Park House Centre

South Street

Elgin

Moray

IV30 1JB

REGISTERED NUMBER:

SC395543 (Scotland)

ACCOUNTANTS:

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

16,969

19,458

16,969

19,458

CURRENT ASSETS

Debtors

6

21

1,135

Cash at bank

1,210

1,164

1,231

2,299

CREDITORS

Amounts falling due within one year

7

47,375

43,554

NET CURRENT LIABILITIES

(46,144

)

(41,255

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(29,175

)

(21,797

)

PROVISIONS FOR LIABILITIES

8

2,295

3,697

NET LIABILITIES

(31,470

)

(25,494

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(31,570

)

(25,594

)

SHAREHOLDERS' FUNDS

(31,470

)

(25,494

)

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 director acknowledges his 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 director and authorised for issue on 17 December 2025 and were signed by:

A F Bruce - Director

1.	STATUTORY INFORMATION

A F Bruce Engineering Limited 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

Accounts are prepared on a going concern basis which is dependant on the directors ongoing support.

Goodwill

Goodwill is the amount paid in connection with the acquisition of a business in 2011. After initially being amortised evenly over its initial estimated useful life of twenty years, the remainder (since 1 April 2016) is now being amortised evenly over its remaining estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

5,000

AMORTISATION

At 1 April 2024

and 31 March 2025

5,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 April 2024

70,506

Additions

499

At 31 March 2025

71,005

DEPRECIATION

At 1 April 2024

51,048

Charge for year

2,988

At 31 March 2025

54,036

NET BOOK VALUE

At 31 March 2025

16,969

At 31 March 2024

19,458

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

21

1,135

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

37

-

Other creditors

47,338

43,554

47,375

43,554

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

2,295

3,697

Deferred

tax

£

Balance at 1 April 2024

3,697

Provided during year

(1,402

)

Balance at 31 March 2025

2,295

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

(25,594

)

Deficit for the year

(5,976

)

At 31 March 2025

(31,570

)

11.	RELATED PARTY DISCLOSURES

Included in other creditors is a interest free directors loan of £45,837 (2024 - £42,153) due to A F Bruce. There are no repayment terms.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is A F Bruce.

The ultimate controlling party is A F Bruce.