iso4217:GBP xbrli:pure xbrli:shares iso4217:GBP xbrli:shares SC309717 2025-10-31 SC309717 2024-10-31 SC309717 2024-11-01 2025-10-31 SC309717 2023-11-01 2024-10-31 SC309717 bus:Director2 2024-11-01 2025-10-31 SC309717 bus:Director3 2024-11-01 2025-10-31 SC309717 bus:Director1 2024-11-01 2025-10-31 SC309717 bus:SmallEntities 2024-11-01 2025-10-31 SC309717 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 SC309717 bus:FilletedAccounts 2024-11-01 2025-10-31 SC309717 bus:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 SC309717 bus:Director1 2024-11-01 2025-10-31 SC309717 2024-11-01 2025-10-31 SC309717 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31
SINCLAIR WATT ARCHITECTS LIMITED
Registration Number SC309717 (Scotland)
Filleted Unaudited Financial Statements
for the year ended 31 October 2025
SINCLAIR WATT ARCHITECTS LIMITED
Filleted Financial Statements for the year ended 31 October 2025
BALANCE SHEET
Notes
2025 £
2024 £
Fixed assets
Tangible assets
2
4,614
4,821
Current assets
Stocks
37,440
44,105
Debtors
3
91,140
29,294
Cash at bank and in hand
112,818
68,877
241,398
142,276
Current liabilities
Creditors: amounts falling due within one year
4
119,251
53,282
Net current assets
122,147
88,994
Total assets less current liabilities
126,761
93,815
Non-current liabilities
Provision for liabilities
(1,154)
-
Net assets
125,607
93,815
Capital and reserves
Called up share capital
5
100
100
Profit and loss account
125,507
93,715
Shareholder's funds
125,607
93,815
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. These financial statements and reports have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the statement of comprehensive income and retained earnings has been taken.
Where applicable, a statement as to whether the auditor's report is qualified or unqualified
Where qualified, the basis of the qualification & reproduction of certain wording from the full report
The audit was performed by CT and signed off by .
For the year ended 31 October 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 of its accounts for the year ended 31 October 2025 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The financial statements were approved and authorised for issue by the Board of Directors on 1 May 2026.
SINCLAIR WATT ARCHITECTS LIMITED
Filleted Financial Statements for the year ended 31 October 2025
BALANCE SHEET
Notes
2025 £
2024 £
Signed on behalf of the Board of Directors
_______________________
I P G Mitchell
C H Mackenzie
Director
The notes on pages preview to update form part of these financial statements.
Company registration number: SC309717
SINCLAIR WATT ARCHITECTS LIMITED
Filleted Financial Statements for the year ended 31 October 2025
NOTES TO THE FINANCIAL STATEMENTS
1.
Summary of significant accounting policies
1.1
General information and basis of preparation
Sinclair Watt Architects Limited is a private company limited by shares, registered in Scotland. The address of the registered office and registration number are as below:
Quayside House, Dock Road
Methil Dock Business Park
Methil
Fife
KY8 3SR
These financial statements have been prepared in accordance with FRS 102 the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland as adapted by Section 1A of FRS 102 and the Companies Act 2006.
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling (£) which is the functional currency of the company and rounded to the nearest £.
The financial statements have been prepared on a going concern basis. The directors have assessed the Company's ability to continue as a going concern and have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing these financial statements.
1.2
Turnover and other income
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
1.3
Tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 reporting date that are expected to apply to the reversal of the timing difference.
SINCLAIR WATT ARCHITECTS LIMITED
Filleted Financial Statements for the year ended 31 October 2025
NOTES TO THE FINANCIAL STATEMENTS
1.4
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.
1.5
Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Asset class
Useful life / depreciation rate
Office and computer equipment
20% straight line
1.6
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
1.7
Stocks
Work in progress is measured by the stage completed at year end based on estimated income for each element of work.
SINCLAIR WATT ARCHITECTS LIMITED
Filleted Financial Statements for the year ended 31 October 2025
NOTES TO THE FINANCIAL STATEMENTS
1.8
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Other financial assets
Basic financial assets, which include trade and other debtors and cash, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial liabilities
Basic financial liabilities, which include trade and other creditors, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Impairment of financial assets
At each reporting date the company assesses whether there is objective evidence that any financial asset has been impaired. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due. The amount of the provision is recognised immediately in profit or loss.
1.9
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
Total current tax
(995)
-
SINCLAIR WATT ARCHITECTS LIMITED
Filleted Financial Statements for the year ended 31 October 2025
NOTES TO THE FINANCIAL STATEMENTS
2.
Tangible assets
Balances at year end and movements for the year
Office and computer equipment £
Cost
At 01 November 2024
18,099
Additions
1,723
At 31 October 2025
19,822
Depreciation
At 01 November 2024
(13,278)
Charge for the year
(1,930)
At 31 October 2025
(15,208)
Net book value
At 01 November 2024
4,821
At 31 October 2025
4,614
3.
Debtors
Debtors comprise:
2025 £
2024 £
Trade debtors
87,264
25,234
Other debtors
3,876
4,060
91,140
29,294
4.
Creditors: amounts falling due within one year
Creditors: amounts falling due within one year comprise:
2025 £
2024 £
Trade creditors
34,912
4,439
Other creditors
29,325
19,900
Social security and other taxes
39,651
28,943
Corporation tax
15,363
-
119,251
53,282
5.
Called up share capital
Issued, called up and fully paid
2025
2024
No.
£
No.
£
Ordinary shares of £1 each
100
100
100
100
Appendix - Additional XBRL Tags and Values
Accounting standards applied
[Current]
bus_SmallEntities
Accounts status, audited or unaudited
[Current]
bus_AuditExemptWithAccountantsReport
Accounts type
[Current]
bus_FilletedAccounts
Applicable legislation
[Current]
bus_SmallCompaniesRegimeForDirectorsReport
Average number of employees during the period
[Prior]
7
Average number of employees during the period
[Current]
7
Balance sheet date
[Current]
31 October 2025
Date of auditor's report
[Current]
0001-01-01
Date of authorisation of financial statements for issue
[Current]
01 May 2026
Director signing Directors' Report
[Current]
bus_Director1
Director signing financial statements
[Current]
bus_Director1
End date for period covered by report
[Current]
31 October 2025
Entity current legal or registered name
[Current]
Sinclair Watt Architects Limited
Entity is dormant [true/false]
[Current]
false
Entity trading status
[Current]
[default]
Equity [Multiple Tags or Values]
[Current]
251,214
Equity [Multiple Tags or Values]
[Prior]
187,630
Legal form of entity
[Current]
bus_PrivateLimitedCompanyLtd
Name of entity auditors
[Current]
CT
Name of entity officer
[Current]
G McDonald
Name of entity officer
[Current]
I P G Mitchell
Name of entity officer
[Current]
C H Mackenzie
Name of individual auditor
[Current]
CT
Name of production software
[Current]
Draftworx Cloud
Start date for period covered by report
[Current]
01 November 2024
UK Companies House registered number
[Current]
SC309717
Version of production software
[Current]
2026.8.0.0