REGISTERED NUMBER: SC413388 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BRITE HOLDINGS (SCOTLAND) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G Thomson

Mrs M J Thomson

REGISTERED OFFICE:

Berkeley House

5 Newton Terrace

Glasgow

G3 7PJ

REGISTERED NUMBER:

SC413388 (Scotland)

ACCOUNTANTS:

Profit Counts Limited

13 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

FIXED ASSETS

Tangible assets

4

110,507

51,872

Investments

5

417

417

110,924

52,289

CURRENT ASSETS

Debtors

178,480

174,331

Cash at bank

158,101

131,906

336,581

306,237

CREDITORS

Amounts falling due within one year

61,134

49,066

NET CURRENT ASSETS

275,447

257,171

TOTAL ASSETS LESS CURRENT LIABILITIES

386,371

309,460

CREDITORS

Amounts falling due after more than one year

(44,190

)

-

PROVISIONS FOR LIABILITIES

6

(14,346

)

(3,206

)

NET ASSETS

327,835

306,254

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

327,833

306,252

SHAREHOLDERS' FUNDS

327,835

306,254

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.

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 Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

S G Thomson - Director

1.	STATUTORY INFORMATION

Brite Holdings (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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 5% on cost

Motor vehicles - 15% on cost

Computer equipment - 15% -25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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 estimated 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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

145,704

Additions

62,134

At 31 March 2025

207,838

DEPRECIATION

At 1 April 2024

93,832

Charge for year

3,499

At 31 March 2025

97,331

NET BOOK VALUE

At 31 March 2025

110,507

At 31 March 2024

51,872

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

417

NET BOOK VALUE

At 31 March 2025

417

At 31 March 2024

417

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

14,346

3,206

Deferred

tax

£

Balance at 1 April 2024

3,206

Accelerated capital allowances

11,140

Balance at 31 March 2025

14,346

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary A Shares

£1

2

2

8.

RESERVES

Retained

earnings

£

At 1 April 2024

306,252

Profit for the year

72,581

Dividends

(51,000

)

At 31 March 2025

327,833

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the period one of the directors advanced a loan to the company . The balance outstanding on this loan at the balance sheet date was £18,810 (2024 : £24,810).

10.	RELATED PARTY DISCLOSURES

The company is controlled by its parent company Brite Holdings and Investments Limited by virtue of its shareholding.

During the year the company made sales of £5,021 (2024: £1,745) and purchases of £1,000 (2024: £1,224) from Brite Services Ltd, a company under common control. Included within Debtors at the year end is £3,412 (2024: £3,412) owed from this company.

During the year the company made sales of £48,345 (2024: £44,753) from Brian Cullen Ltd, a company under common control. Included within Debtors at the year end is £25,733 (2024: £25,733) owed from this company.

During the year the company made sales of £88,339 (2024: £72,477) and made purchases of £1,372 (2024: £556) from Brite (Gilmerton) Limited, a company under common control. Included within Debtors at the year end is £49,839 (2024: £51,212) owed from this company.

During the year the company made sales of £Nil (2024: £6,792) and made purchase of £Nil (2024:£5,030) from CAM Laboratory Ltd, a company under common control.

During the year the company made sales of £3,250 (2024: £10,458) and made purchases of £5,769 (2024: £158) from 3D Denta Limited companies which are under common control.

During the year the company made sales of £152,724 (2024: £124,787) from Brite (Paisley) Limited Ltd, a company under common control.

During the year the company made sales of £43,347 (2024: £41,863) from Brite (Bridge of Weir & Houston) Limited a company under common control.

Included within Debtors at the year end is £40,200 (2024: £29,020) owed from Fusion Digital Dental Ltd, a company under common control.