1 January 2025 false No description of principal activity Taxfiler 2024.6 SC438944business:PrivateLimitedCompanyLtd2025-01-012025-12-31 SC4389442024-12-31 SC4389442025-01-012025-12-31 SC438944business:AuditExemptWithAccountantsReport2025-01-012025-12-31 SC438944business:FilletedAccounts2025-01-012025-12-31 SC4389442025-12-31 SC438944business:Director12025-01-012025-12-31 SC438944business:Director22025-01-012025-12-31 SC438944business:RegisteredOffice2025-01-012025-12-31 SC4389442024-12-31 SC438944core:WithinOneYear2025-12-31 SC438944core:WithinOneYear2024-12-31 SC438944core:AfterOneYear2025-12-31 SC438944core:AfterOneYear2024-12-31 SC438944core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 SC438944core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC438944core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 SC438944core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC438944core:PreviouslyStatedAmount2025-12-31 SC438944core:PreviouslyStatedAmount2024-12-31 SC438944business:SmallEntities2025-01-012025-12-31 SC438944countries:Scotland2025-01-012025-12-31 SC438944core:PlantMachinery2024-12-31 SC438944core:MotorVehicles2024-12-31 SC438944core:FurnitureFittings2024-12-31 SC438944core:ComputerEquipment2024-12-31 SC438944core:PlantMachinery2025-01-012025-12-31 SC438944core:MotorVehicles2025-01-012025-12-31 SC438944core:FurnitureFittings2025-01-012025-12-31 SC438944core:ComputerEquipment2025-01-012025-12-31 SC438944core:PlantMachinery2025-12-31 SC438944core:MotorVehicles2025-12-31 SC438944core:FurnitureFittings2025-12-31 SC438944core:ComputerEquipment2025-12-31 SC4389442024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC438944 (Scotland)
GLASGOW SEALANTS LTD Unaudited accounts for the year ended 31 December 2025
GLASGOW SEALANTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GLASGOW SEALANTS LTD Company Information for the year ended 31 December 2025
Directors
Frank Kerr Stuart Richford
Company Number
SC438944 (Scotland)
Registered Office
Glasgow Sealants Ltd 14 Carmyle Avenue Glasgow Lanarkshire G32 8HJ Scotland
Accountants
McCreath Accountancy Phoenix House Phoenix Business Park Paisley Renfrewshire PA1 2BH
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GLASGOW SEALANTS LTD Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
69,428 
74,942 
Current assets
Inventories
26,468 
23,201 
Debtors
5
122,130 
83,021 
Cash at bank and in hand
61,140 
72,270 
209,738 
178,492 
Creditors: amounts falling due within one year
6
(38,199)
(33,791)
Net current assets
171,539 
144,701 
Total assets less current liabilities
240,967 
219,643 
Creditors: amounts falling due after more than one year
7
(99,780)
(110,702)
Net assets
141,187 
108,941 
Capital and reserves
Called up share capital
160 
160 
Profit and loss account
141,027 
108,781 
Shareholders' funds
141,187 
108,941 
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2026 and were signed on its behalf by
Stuart Richford Director Company Registration No. SC438944
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GLASGOW SEALANTS LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
GLASGOW SEALANTS LTD is a private company, limited by shares, registered in Scotland, registration number SC438944. The registered office is Glasgow Sealants Ltd, 14 Carmyle Avenue, Glasgow, Lanarkshire, G32 8HJ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2025
60,498 
180,990 
9,753 
3,996 
255,237 
Additions
68,919 
- 
- 
- 
68,919 
Disposals
(46,000)
(20,000)
- 
- 
(66,000)
At 31 December 2025
83,417 
160,990 
9,753 
3,996 
258,156 
Depreciation
At 1 January 2025
43,484 
126,759 
8,733 
1,319 
180,295 
Charge for the year
32,355 
40,248 
511 
1,319 
74,433 
On disposals
(46,000)
(20,000)
- 
- 
(66,000)
At 31 December 2025
29,839 
147,007 
9,244 
2,638 
188,728 
Net book value
At 31 December 2025
53,578 
13,983 
509 
1,358 
69,428 
At 31 December 2024
17,014 
54,231 
1,020 
2,677 
74,942 
- 5 -
GLASGOW SEALANTS LTD Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
65,277 
- 
Other debtors
- 
46,734 
65,277 
46,734 
Amounts falling due after more than one year
Trade debtors
14,079 
36,287 
Other debtors
42,774 
- 
56,853 
36,287 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
18,735 
22,105 
Taxes and social security
19,464 
11,686 
38,199 
33,791 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
16,303 
16,297 
Obligations under finance leases and hire purchase contracts
50,134 
54,077 
Other creditors
33,343 
40,328 
99,780 
110,702 
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).
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