REGISTERED NUMBER: SC436043 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2025

FOR

BURGHEAD NATURAL STONE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W T Miller

Mr D Ralph

REGISTERED OFFICE:

Wards House

Wards Road

Elgin

Moray

IV30 1NL

REGISTERED NUMBER:

SC436043 (Scotland)

ACCOUNTANTS:

Goldwells

Wards House

Wards Road

Elgin

Moray

IV30 1NL

FIXED ASSETS

Tangible assets

4

25,603

25,893

CURRENT ASSETS

Stocks

5

47,031

47,031

Cash at bank

469

547

47,500

47,578

CREDITORS

Amounts falling due within one year

6

89,183

88,567

NET CURRENT LIABILITIES

(41,683

)

(40,989

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,080

)

(15,096

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(16,180

)

(15,196

)

SHAREHOLDERS' FUNDS

(16,080

)

(15,096

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 15th December 2025 and were signed on its behalf by:

Mr W T Miller - Director

Mr D Ralph - Director

1.	STATUTORY INFORMATION

Burghead Natural Stone Ltd 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

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.

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, of the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payments is due withing on year or less.

Taxation

There is no tax charge due to the availability of tax losses.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and included cash in hand.

Going concern

The directors have assessed the Balance Sheet and likely cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £16,080. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statement and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 31st March 2024

and 30th March 2025

28,999

3,457

32,456

DEPRECIATION

At 31st March 2024

3,106

3,457

6,563

Charge for year

290

-

290

At 30th March 2025

3,396

3,457

6,853

NET BOOK VALUE

At 30th March 2025

25,603

-

25,603

At 30th March 2024

25,893

-

25,893

5.

STOCKS

2025

2024

£

£

Stocks

9,965

9,965

Raw materials

37,066

37,066

47,031

47,031

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

286

Amounts owed to group undertakings

54,533

52,632

Other creditors

34,650

35,649

89,183

88,567

Included in amounts due to group undertakings is a loan due to Billy Miller Contractor & Plant Hire, a company under common control, totalling £54,533 (2024- £52,632). This loan is interest free and has no fixed terms of repayment.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 31st March 2024

(15,196

)

Deficit for the year

(984

)

At 30th March 2025

(16,180

)

9.	RELATED PARTY DISCLOSURES

As at 30th March 2024 and 31 March 2025, the company owed the director £34,150. This loan is granted free of interest and has no fixed terms of repayment.