REGISTERED NUMBER: SC487330 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

W BUCHANAN SURFACING LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

69,867

63,878

69,867

63,878

CURRENT ASSETS

Stocks

6

2,206

-

Debtors

7

18,653

30,833

Cash at bank

8,887

19,948

29,746

50,781

CREDITORS

Amounts falling due within one year

8

(55,168

)

(9,675

)

NET CURRENT ASSETS

84,914

60,456

TOTAL ASSETS LESS CURRENT LIABILITIES

154,781

124,334

CREDITORS

Amounts falling due after more than one year

9

(12,379

)

(7,194

)

PROVISIONS FOR LIABILITIES

(14,388

)

(14,726

)

NET ASSETS

128,014

102,414

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

128,012

102,412

SHAREHOLDERS' FUNDS

128,014

102,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 May 2026 and were signed by:

Ms E Buchanan - Director

1.	STATUTORY INFORMATION

W Buchanan Surfacing Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC487330

Registered office:

22 Backbrae Street

Kilsyth

Glasgow

Lanarkshire

G65 0NH

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 and revenue recognition

Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of four 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their

settlement value.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

11,000

AMORTISATION

At 1 October 2024

and 30 September 2025

11,000

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2024

98,715

145,261

243,976

Additions

-

20,490

20,490

At 30 September 2025

98,715

165,751

264,466

DEPRECIATION

At 1 October 2024

74,728

105,370

180,098

Charge for year

4,798

9,703

14,501

At 30 September 2025

79,526

115,073

194,599

NET BOOK VALUE

At 30 September 2025

19,189

50,678

69,867

At 30 September 2024

23,987

39,891

63,878

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2024

80,000

18,495

98,495

Additions

-

20,490

20,490

At 30 September 2025

80,000

38,985

118,985

DEPRECIATION

At 1 October 2024

59,664

6,658

66,322

Charge for year

4,067

4,758

8,825

At 30 September 2025

63,731

11,416

75,147

NET BOOK VALUE

At 30 September 2025

16,269

27,569

43,838

At 30 September 2024

20,336

11,837

32,173

6.

STOCKS

30.9.25

30.9.24

£

£

Work-in-progress

2,206

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

10,365

13,182

VAT

8,288

17,651

18,653

30,833

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

7,364

10,648

Hire purchase contracts

5,600

5,731

Tax

31,934

20,127

Social security and other taxes

(117,384

)

(60,349

)

Pension due

307

338

Other creditors

2,793

-

Accrued expenses

14,218

13,830

(55,168

)

(9,675

)

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans - 2-5 years

-

6,716

Hire purchase contracts

12,379

478

12,379

7,194

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank loans

7,364

17,364

The Royal Bank of Scotland hold a floating charge delivered to Companies House on 8 December 2017 over the company assets.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms E Buchanan.