REGISTERED NUMBER: SC374920 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

AVESTA SCOTLAND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S McClure

S McClure

REGISTERED OFFICE:

c/o Henry Brown & Co

26 Portland Road

Kilmarnock

Ayrshire

KA1 2EB

REGISTERED NUMBER:

SC374920 (Scotland)

ACCOUNTANTS:

Henry Brown & Co

Chartered Accountants

26 Portland Road

Kilmarnock

Ayrshire

KA1 2EB

FIXED ASSETS

Tangible assets

4

154,235

155,427

CURRENT ASSETS

Stocks

10,209

47,500

Debtors

5

480,216

545,695

Cash in hand

-

1,220

490,425

594,415

CREDITORS

Amounts falling due within one year

6

315,671

368,974

NET CURRENT ASSETS

174,754

225,441

TOTAL ASSETS LESS CURRENT LIABILITIES

328,989

380,868

CREDITORS

Amounts falling due after more than one year

7

67,020

123,386

NET ASSETS

261,969

257,482

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

261,959

257,472

SHAREHOLDERS' FUNDS

261,969

257,482

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 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 23 December 2025 and were signed on its behalf by:

Mrs S McClure - Director

S McClure - Director

1.	STATUTORY INFORMATION

Avesta Scotland 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounts relate to a single entity

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.

Turnover

Turnover represents the net invoiced amount, excluding value added tax, of services provided for the installation of fire proof insulation.

In respect of long term contracts and on-going services , turnover represents the value of work done recognised by reference to the stage of completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on cost and 15% on reducing balance

Motor vehicles

-

25% on reducing balance and 12.5% on cost

Computer equipment

-

15% on reducing balance

Stocks

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

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants

Government grants are recognised at fair value when there is reasonable assurance that the Company will comply with the conditions attaching to them and the grants will be received. Grants related to purchase of assets are treated as deferred income and allocated to profit and loss account over the useful lives of the related assets while grants related to expenses are treated as other income in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

31,549

36,379

331,988

3,217

403,133

Additions

-

-

30,500

-

30,500

Disposals

-

-

(27,600

)

-

(27,600

)

At 31 March 2025

31,549

36,379

334,888

3,217

406,033

DEPRECIATION

At 1 April 2024

27,130

36,274

181,477

2,825

247,706

Charge for year

663

16

17,753

59

18,491

Eliminated on disposal

-

-

(14,399

)

-

(14,399

)

At 31 March 2025

27,793

36,290

184,831

2,884

251,798

NET BOOK VALUE

At 31 March 2025

3,756

89

150,057

333

154,235

At 31 March 2024

4,419

105

150,511

392

155,427

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

200,569

Additions

30,500

Transfer to ownership

(95,800

)

At 31 March 2025

135,269

DEPRECIATION

At 1 April 2024

51,177

Charge for year

9,127

Transfer to ownership

(18,835

)

At 31 March 2025

41,469

NET BOOK VALUE

At 31 March 2025

93,800

At 31 March 2024

149,392

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

357,527

394,268

Amounts recoverable on contract

6,873

33,154

Other debtors

115,816

118,273

480,216

545,695

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

97,614

93,195

Hire purchase contracts

29,723

48,346

Trade creditors

81,787

84,696

Taxation and social security

56,128

117,959

Other creditors

50,419

24,778

315,671

368,974

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

42,285

92,285

Hire purchase contracts

24,735

31,101

67,020

123,386

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

54,458

79,447

All hire purchase liabilities are secured against the asset which the finance was used to acquire.

9.	RELATED PARTY DISCLOSURES

During the year the company received management services from Avesta Compliance Ltd, a company in which S McClure and S McClure are directors, the value of these services was £210,000 (2024 - £180,000). At the Balance Sheet date the company owed Avesta Compliance Ltd £39,373 (2024 - £16,076).

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, S McClure and S McClure.