REGISTERED NUMBER: SC500922 (Scotland)

Financial Statements For The Year Ended 31 August 2025

for

Castle Decor North Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Miss R C Duffy

REGISTERED OFFICE:

c/o Robb Ferguson

Regent Court

70 West Regent Street

G2 2QZ

REGISTERED NUMBER:

SC500922 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

145,484

58,197

145,484

58,197

CURRENT ASSETS

Stocks

25,000

25,000

Debtors

6

508,289

533,656

Cash at bank

374,717

421,782

908,006

980,438

CREDITORS

Amounts falling due within one year

7

679,986

715,273

NET CURRENT ASSETS

228,020

265,165

TOTAL ASSETS LESS CURRENT LIABILITIES

373,504

323,362

PROVISIONS FOR LIABILITIES

30,269

7,506

NET ASSETS

343,235

315,856

CAPITAL AND RESERVES

Called up share capital

103

103

Retained earnings

343,132

315,753

343,235

315,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 November 2025 and were signed by:

Miss R C Duffy - Director

1.	STATUTORY INFORMATION

Castle Decor North 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 (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of six years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixed plant and equipment

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer Equipment

-

33.33% on cost

Stocks

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

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2024 - 38 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

150,000

AMORTISATION

At 1 September 2024

and 31 August 2025

150,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixed

plant and

Motor

Computer

equipment

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 September 2024

7,835

150,179

3,600

161,614

Additions

-

134,987

-

134,987

Disposals

-

(95,090

)

-

(95,090

)

At 31 August 2025

7,835

190,076

3,600

201,511

DEPRECIATION

At 1 September 2024

6,769

93,048

3,600

103,417

Charge for year

351

32,063

-

32,414

Eliminated on disposal

-

(79,804

)

-

(79,804

)

At 31 August 2025

7,120

45,307

3,600

56,027

NET BOOK VALUE

At 31 August 2025

715

144,769

-

145,484

At 31 August 2024

1,066

57,131

-

58,197

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

453,162

470,528

Other debtors

798

754

VAT

26,591

33,380

Prepayments and accrued income

27,738

28,994

508,289

533,656

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

48,573

64,356

Tax

237,420

303,711

Social security and other taxes

47,373

40,463

Other creditors

299,915

299,915

Accrued expenses

46,705

6,828

679,986

715,273

8.	RELATED PARTY DISCLOSURES