SC450490 false Electrical installation 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/2024-12-31 http://www.companieshouse.gov.uk/cd:CompanySecretary1 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-12-31 http://www.companieshouse.gov.uk/cd:Director1 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-12-31 http://www.companieshouse.gov.uk/cd:Director2 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2024-12-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2025-12-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-12-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-12-31 http://www.companieshouse.gov.uk/2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/2024-12-31 http://www.companieshouse.gov.uk/cd:FRS102 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/2025-12-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2025-01-01 2025-12-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC450490
RB Grant Ltd
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Prepared By:
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ

RB Grant Ltd

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
DIRECTORS
Ronnie Grant
Karen Young
SECRETARY
Karen Young
REGISTERED OFFICE
12b Faraday Road
Glenrothes
Fife
KY6 2RU
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC450490
ACCOUNTANTS
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ

RB Grant Ltd

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

RB Grant Ltd

BALANCE SHEET AT 31 December 2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Intangible assets |  | 3 |  |  |  | 48,000 |  |  |  | 80,000
Tangible assets |  | 4 |  |  |  | 283,172 |  |  |  | 330,059
Investment Assets |  | 5 |  |  |  | 153,969 |  |  |  | 148,906
|  |  |  |  |  | 485,141 |  |  |  | 558,965
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 25,096 |  |  |  | 25,500 |  |
Debtors |  | 6 |  | 791,103 |  |  |  | 675,948 |  |
Cash at bank and in hand |  |  |  | 1,031,674 |  |  |  | 1,257,531 |  |
|  |  |  | 1,847,873 |  |  |  | 1,958,979 |  |
CREDITORS: Amounts falling due within one year |  | 7 |  | 354,764 |  |  |  | 562,584 |  |
NET CURRENT ASSETS |  |  |  |  |  | 1,493,109 |  |  |  | 1,396,395
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 1,978,250 |  |  |  | 1,955,360
PROVISIONS FOR LIABILITIES AND CHARGES |  |  |  |  |  | 25,306 |  |  |  | 81,417
NET ASSETS |  |  |  |  |  | 1,952,944 |  |  |  | 1,873,943
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 10 |  |  |  | 10
Profit and loss account |  |  |  |  |  | 1,952,934 |  |  |  | 1,873,933
SHAREHOLDERS' FUNDS |  |  |  |  |  | 1,952,944 |  |  |  | 1,873,943
For the year ending 31 December 2025 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17 April 2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Ronnie Grant |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

RB Grant Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025

1. ACCOUNTING POLICIES

1a. General Information Basis Of Accounting
The company is limited by shares and incorporated in Scotland. The address of the registered office is given in the company information on page 1 of these financial statements.
The financial statements have been prepared in accordance with Financial Reporting Standard FRS 102 including Section 1A Small Entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. There were no material departures from that standard.
The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise shown.

1b. Turnover
Turnover is recognised as the fair value of the consideration received or receivable for services provided in the normal course of business, net of VAT and trade discounts.

1c. Goodwill
Goodwill represents the excess of the cost of acquisition over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised over its expected life, which is 10 years.

1d. Depreciation |  |
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Plant And Machinery |  | reducing balance 25%
Commercial Vehicles |  | reducing balance 25%
Fixtures And Fittings |  | reducing balance 25%
Equipment |  | reducing balance 25%

1e. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

1f. Cash And Cash Equivalents
Cash and cash equivalents are basic financial instruments which include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

RB Grant Ltd

1g. Financial Instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1h. Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

1i. Critical Accounting Estimates Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.
The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 42 |  | 59

RB Grant Ltd

3. INTANGIBLE FIXED ASSETS |  |  |  |
|  | Purchased |  |
|  | Goodwill |  | Total
|  | £ |  | £
Cost |  |  |  |
At 1 January 2025 |  | 320,000 |  | 320,000
At 31 December 2025 |  | 320,000 |  | 320,000
Depreciation |  |  |  |
At 1 January 2025 |  | 240,000 |  | 240,000
For the year |  | 32,000 |  | 32,000
At 31 December 2025 |  | 272,000 |  | 272,000
Net Book Amounts |  |  |  |
At 31 December 2025 |  | 48,000 |  | 48,000
At 31 December 2024 |  | 80,000 |  | 80,000

4. TANGIBLE FIXED ASSETS |  |  |  |
|  | Plant and |  |
|  | Machinery Etc. |  | Total
|  | £ |  | £
Cost |  |  |  |
At 1 January 2025 |  | 587,728 |  | 587,728
Additions |  | 53,302 |  | 53,302
Disposals |  | (31,200) |  | (31,200)
At 31 December 2025 |  | 609,830 |  | 609,830
Depreciation |  |  |  |
At 1 January 2025 |  | 257,669 |  | 257,669
Disposals |  | (23,494) |  | (23,494)
For the year |  | 92,483 |  | 92,483
At 31 December 2025 |  | 326,658 |  | 326,658
Net Book Amounts |  |  |  |
At 31 December 2025 |  | 283,172 |  | 283,172
At 31 December 2024 |  | 330,059 |  | 330,059

5. FINANCIAL ASSETS |  |  |  |
|  | Other |  |
|  | Investments |  | Total
|  | £ |  | £
Cost |  |  |  |
At 1 January 2025 |  | 148,906 |  | 148,906
Additions |  | 5,063 |  | 5,063
At 31 December 2025 |  | 153,969 |  | 153,969
Amortisation |  |  |  |
Net Book Amounts |  |  |  |
At 31 December 2025 |  | 153,969 |  | 153,969
At 31 December 2024 |  | 148,906 |  | 148,906

RB Grant Ltd

6. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year: |  |  |  |  |  |
Trade debtors |  |  |  | 309,661 |  | 227,670
Other debtors |  |  |  | 481,442 |  | 448,278
|  |  |  | 791,103 |  | 675,948

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Trade creditors |  |  |  | 134,126 |  | 389,418
Taxation and social security |  |  |  | 153,309 |  | 116,934
Other creditors |  |  |  | 67,329 |  | 56,232
|  |  |  | 354,764 |  | 562,584

8. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
10 Ordinary shares of £1 each |  |  |  | 10 |  | 10
|  |  |  | 10 |  | 10

9. TRANSACTIONS WITH DIRECTORS
Included at the year end is a loan to the directors of £217,977 (2024 - £210,858). The maximum outstanding balance in the year was £217,977. Interest is charged at 2.25% to 5 April 2025 and 3.75% onwards. There are no fixed terms of repayment.

10. RELATED PARTY TRANSACTIONS
Included in other debtors is an interest free loan to FMY Property Limited, a company controlled by Ronnie Grant and Karen Young, of £165,000 (2024 - £140,000).