REID & ORCHISTON LIMITED


Director	JEFFREY, James Leslie


Registered Address	10 Jerviswood
	Motherwell
	ML1 4AJ


Registered Number	SC026838 (Scotland)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		165,370		165,803
			165,370		165,803
Current assets
Cash at bank and on hand		201,388		168,320
		201,388		168,320
Creditors amounts falling due within one year	4	(30,839)		(28,425)
Net current assets (liabilities)			170,549		139,895
Total assets less current liabilities			335,919		305,698
Creditors amounts falling due after one year	5		(9,167)		(20,000)
Provisions for liabilities			(613)		-
Net assets			326,139		285,698
Capital and reserves
Called up share capital			1,500		1,500
Revaluation reserve			54,578		54,578
Profit and loss account			270,061		229,620
Shareholders' funds			326,139		285,698

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 22 December 2025, and are signed on its behalf by:

JEFFREY, James Leslie
Director
Registered Company No. SC026838

REID & ORCHISTON LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised when the outcome of the transaction can be estimated reliably. Revenue is measured at the fair value of the consideration received or receivable, excluding VAT and other sales-related taxes.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	15
	Office Equipment	15

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	189,082
	At 31 March 25	189,082
	Depreciation and impairment
	At 01 April 24	23,279
	Charge for year	433
	At 31 March 25	23,712
	Net book value
	At 31 March 25	165,370
	At 31 March 24	165,803

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	10,833	10,833
Taxation and social security	13,450	10,172
Other creditors	4,705	5,625
Accrued liabilities and deferred income	1,851	1,795
Total	30,839	28,425

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	9,167	20,000
Total	9,167	20,000

6.	Directors advances, credits and guarantees
	At the year-end, there is a balance of £2,480.49 (2024: £3,400) due to the directors. This loan is interest free and repayable on demand.

7.	Controlling party
	The ultimate controlling party is Mr. James Jeffrey.