ACCOUNTS - Final Accounts preparation

Registered number: SC811292

J&R SCOTLAND LTD

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

J&R SCOTLAND LTD

COMPANY INFORMATION

Directors	James Paton (appointed 22 May 2024)
	Ramsay White (appointed 22 May 2024)


Registered number	SC811292


Registered office	14 City Quay
	Dundee
	DD1 3JA


Accountants	EQ Accountants Limited
	Chartered Accountants
	14 City Quay
	Dundee
	DD1 3JA

J&R SCOTLAND LTD

REGISTERED NUMBER: SC811292

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025
Note		£

Fixed assets
Tangible assets	4		36,634
Investments	5		75
			36,709
Current assets
Debtors: amounts falling due within one year	6	19,541
Cash at bank and in hand		6,593
		26,134
Creditors: amounts falling due within one year	7	(84,611)
Net current (liabilities)/assets			(58,477)
Total assets less current liabilities			(21,768)

Net (liabilities)/assets			(21,768)

Capital and reserves
Called up share capital			100
Profit and loss account			(21,868)
			(21,768)

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J&R SCOTLAND LTD

REGISTERED NUMBER: SC811292

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 December 2025.

James Paton

Director

The notes on pages 3 to 6 form part of these financial statements.

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J&R SCOTLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

J&R SCOTLAND LTD is a private company, limited by shares, incorporated in Scotland with registration number SC811292. The registered office is 14 City Quay, Dundee, DD1 3JA.
The Company’s functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

These accounts have been prepared under the going concern basis. The company has net liabilities and is dependent on the continued support of the directors. The directors have confirmed that they will continue to provide support for the foreseeable future.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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J&R SCOTLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery	-	15%
Motor vehicles	-	20%
Office equipment	-	25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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J&R SCOTLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Employees

The average monthly number of employees, including directors, during the period was 3.

4.	Tangible fixed assets

	Plant and machinery	Motor vehicles	Office equipment	Total
	£	£	£	£
Cost or valuation
Additions	33,450	10,495	441	44,386
At 31 March 2025	33,450	10,495	441	44,386
Depreciation
Charge for the period on owned assets	5,018	2,624	110	7,752
At 31 March 2025	5,018	2,624	110	7,752
Net book value
At 31 March 2025	28,432	7,871	331	36,634

5.	Fixed asset investments

		Trade investments
		£

	Additions	75

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J&R SCOTLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Debtors

					2025
					£


	Trade debtors	5,636
	Other debtors	11,266
	Prepayments and accrued income	2,639
		19,541

7.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	8,121
	Other creditors	73,990
	Accruals and deferred income	2,500
		84,611

8.	Share capital
		2025
		£

		Allotted, called up and fully paid

		100 Ordinary £1 Shares shares of £1.00 each	100

The company was incorporated on 22 May 2024 with 100 Ordinary £1 shares issued at par value.

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