REGISTERED NUMBER: SC555337 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Paul Laird Joinery Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P T Laird

Ms C A Watt

REGISTERED OFFICE:

Kingswell

Banff

Aberdeenshire

AB45 3QL

REGISTERED NUMBER:

SC555337 (Scotland)

ACCOUNTANTS:

SBP

Accountants

9 Carmelite Street

Banff

Aberdeenshire

AB45 1AF

FIXED ASSETS

Tangible assets

4

45,774

26,582

CURRENT ASSETS

Stocks

5

500

780

Debtors

6

19,626

12,289

Cash at bank

33,460

28,430

53,586

41,499

CREDITORS

Amounts falling due within one year

7

22,224

14,298

NET CURRENT ASSETS

31,362

27,201

TOTAL ASSETS LESS CURRENT LIABILITIES

77,136

53,783

PROVISIONS FOR LIABILITIES

9,671

5,050

NET ASSETS

67,465

48,733

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

67,455

48,723

SHAREHOLDERS' FUNDS

67,465

48,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2026 and were signed on its behalf by:

Mr P T Laird - Director

1.	STATUTORY INFORMATION

Paul Laird Joinery Ltd 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 represents the amounts (excluding value added tax) derived from the provision of services to customers, Revenue is recognised at the point services are provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

18,798

37,349

1,959

58,106

Additions

32,562

-

333

32,895

Disposals

(1,341

)

(500

)

-

(1,841

)

At 31 January 2026

50,019

36,849

2,292

89,160

DEPRECIATION

At 1 February 2025

8,562

21,578

1,384

31,524

Charge for year

8,452

3,915

685

13,052

Eliminated on disposal

(801

)

(389

)

-

(1,190

)

At 31 January 2026

16,213

25,104

2,069

43,386

NET BOOK VALUE

At 31 January 2026

33,806

11,745

223

45,774

At 31 January 2025

10,236

15,771

575

26,582

5.

STOCKS

31.1.26

31.1.25

£

£

Stock valuation

500

780

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

9,036

-

CIS debtor

9,763

10,658

Other debtors

87

-

VAT

-

770

Prepayments

740

861

19,626

12,289

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

-

141

Tax

14,233

8,511

VAT

4,712

-

Other creditors

796

3,218

Directors' current accounts

450

563

Accrued expenses

2,033

1,865

22,224

14,298

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P T Laird.