REGISTERED NUMBER: SC205856 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

A & L BPS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A A Binning

SECRETARY:

L W Binning

REGISTERED OFFICE:

13 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

REGISTERED NUMBER:

SC205856 (Scotland)

ACCOUNTANTS:

Profit Counts Limited

13 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

FIXED ASSETS

Tangible assets

4

3,413

3,866

Investments

5

578,577

572,464

581,990

576,330

CURRENT ASSETS

Debtors

78,599

52,117

Cash at bank and in hand

49,173

56,123

127,772

108,240

CREDITORS

Amounts falling due within one year

(72,132

)

(64,977

)

NET CURRENT ASSETS

55,640

43,263

TOTAL ASSETS LESS CURRENT LIABILITIES

637,630

619,593

CREDITORS

Amounts falling due after more than one year

(10,500

)

(23,100

)

PROVISIONS FOR LIABILITIES

(648

)

(735

)

NET ASSETS

626,482

595,758

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

7

626,480

595,756

SHAREHOLDERS' FUNDS

626,482

595,758

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 December 2025 and were signed by:

A A Binning - Director

1.	STATUTORY INFORMATION

A & L BPS 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

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 is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where the contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

Tangible fixed assets

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

Plant & Machinery - 20% reducing balance

Fixtures & Fittings - 25% reducing balance

Computer equipment - 33% on cost

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

Rentals paid under operating leases are charged to profit or loss 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.

Investments

Investments are measured at fair value each year and any difference is taken to the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

59,716

Additions

828

At 31 March 2025

60,544

DEPRECIATION

At 1 April 2024

55,850

Charge for year

1,281

At 31 March 2025

57,131

NET BOOK VALUE

At 31 March 2025

3,413

At 31 March 2024

3,866

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

572,464

Additions

6,113

At 31 March 2025

578,577

NET BOOK VALUE

At 31 March 2025

578,577

At 31 March 2024

572,464

Investments comprise of the company's investment in Findlay Dunn Properties LLP, a limited liability partnership in which A Binning is a member.The value of the investment at the balance sheet date is measured at fair value each year.

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

7.

RESERVES

Retained

earnings

£

At 1 April 2024

595,756

Profit for the year

141,724

Dividends

(111,000

)

At 31 March 2025

626,480

8.	RELATED PARTY DISCLOSURES

At the year end the balance due by the company to the director was £620 (2024: £496).

During the year there were Dividends to the Directors of £111,000 (2024: £108,000).

The loan is unsecured, interest free and has no fixed repayment date.