REGISTERED NUMBER: SC285529 (Scotland)

Unaudited Financial Statements

for the Year Ended

31 July 2025

for

JOHN BLACK & SON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Black Jnr

Mrs F Murray

REGISTERED OFFICE:

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

REGISTERED NUMBER:

SC285529 (Scotland)

ACCOUNTANTS:

WDM Associates

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

FIXED ASSETS

Tangible assets

4

8,085

14,027

CURRENT ASSETS

Stocks

141,670

131,960

Debtors

5

125,847

143,554

Cash at bank and in hand

1,621

799

269,138

276,313

CREDITORS

Amounts falling due within one year

6

(274,095

)

(272,552

)

NET CURRENT (LIABILITIES)/ASSETS

(4,957

)

3,761

TOTAL ASSETS LESS CURRENT LIABILITIES

3,128

17,788

CREDITORS

Amounts falling due after more than one year

7

(2,960

)

(17,383

)

NET ASSETS

168

405

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

166

403

SHAREHOLDERS' FUNDS

168

405

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 28 April 2026 and were signed on its behalf by:

Mrs F Murray - Director

J Black Jnr - Director

1.	STATUTORY INFORMATION

John Black & Son 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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance and at directors' valuation

Stocks

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

Stock consists of goods for resale.

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised 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.

Assets obtained under hire purchase contracts are capitalised as tangible fixed assets and depreciated over their useful lives. Obligations under hire purchase contracts are included in creditors net of the finance charge allocated to future periods. Finance charges are charged to the profit and loss account on a straight line basis.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

1,275

33,260

34,970

69,505

DEPRECIATION

At 1 August 2024

1,275

26,216

27,987

55,478

Charge for year

-

4,195

1,747

5,942

At 31 July 2025

1,275

30,411

29,734

61,420

NET BOOK VALUE

At 31 July 2025

-

2,849

5,236

8,085

At 31 July 2024

-

7,044

6,983

14,027

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

111,409

138,590

Other debtors

14,438

4,964

125,847

143,554

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

57,100

52,927

Hire purchase contracts

697

3,748

Trade creditors

118,738

124,002

Tax

10,269

29,904

Social security and other taxes

2,853

13,231

VAT

19,175

11,235

Other creditors

24,763

-

Directors' current accounts

37,813

28,337

Accrued expenses

2,687

9,168

274,095

272,552

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

10,000

Other loans - 1-2 years

2,960

7,383

2,960

17,383

8.	RELATED PARTY DISCLOSURES

The company was under the control of the directors and joint shareholders throughout the current period.

No transactions with related parties were carried out such as are required to be disclosed under FRS 8.

9.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors.