Powderhall Bronze Ltd. - Filleted accounts

Registered number

SC307311

Powderhall Bronze Ltd.

Filleted Accounts

31 August 2025

Powderhall Bronze Ltd.
Registered number:		SC307311
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		64,544			82,127

Current assets
Stocks		100,000			100,000
Debtors	5	130,035			290,022
Cash at bank and in hand		110,030			159,506
		340,065			549,528

Creditors: amounts falling due within one year	6	(341,425)			(565,453)

Net current liabilities			(1,360)			(15,925)

Total assets less current liabilities			63,184			66,202

Creditors: amounts falling due after more than one year	7		(6,822)			(24,106)

Provisions for liabilities			(16,136)			(20,532)


Net assets			40,226			21,564

Capital and reserves
Called up share capital			101			101
Profit and loss account			40,125			21,463

Shareholders' funds			40,226			21,564

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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 accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Kerry Hammond Brian Caster
Directors
Approved by the board on 12 May 2026

Powderhall Bronze Ltd.
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% Reducing Balance
	Commercial Vehicles			25% Reducing Balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					27		27

3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 September 2024							92,500
	At 31 August 2025							92,500

	Amortisation
	At 1 September 2024							92,500
	At 31 August 2025							92,500

	Net book value
	At 31 August 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 3 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	3,120		106,932		52,889		162,941
	Additions	-		3,376		-		3,376
	Disposals	-		(1,753)		-		(1,753)
	At 31 August 2025	3,120		108,555		52,889		164,564

	Depreciation
	At 1 September 2024	57		65,803		14,954		80,814
	Charge for the year	307		10,648		9,484		20,439
	On disposals	-		(1,233)		-		(1,233)
	At 31 August 2025	364		75,218		24,438		100,020

	Net book value
	At 31 August 2025	2,756		33,337		28,451		64,544
	At 31 August 2024	3,063		41,129		37,935		82,127


5	Debtors					2025		2024
£							£

	Trade debtors					59,159		224,540
	Other debtors					70,876		65,482
						130,035		290,022


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					8,000		103,677
	Obligations under finance lease and hire purchase contracts					9,188		9,188
	Trade creditors					103,166		242,316
	Taxation and social security costs					179,689		187,223
	Other creditors					41,382		23,049
						341,425		565,453


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					4,525		12,621
	Obligations under finance lease and hire purchase contracts					2,297		11,485
						6,822		24,106


8	Related party transactions

	During the year transactions totalling £16 took place between Powderhall Bronze Ltd and Powderhall Bronze Editions Ltd which is owned by a member of the directors family. At the year end £14,530 was due from Powderhall Bronze Editions Ltd to Powderhall Bronze Ltd. Transactions totalling £71 took place between Powderhall Bronze Ltd and Hamster Editions Ltd which share the same directors. At the year end £2,745 was due from Hamster Editions Ltd to Powderhall Bronze Ltd. Both loans are interest free, unsecured and repayable on demand.


9	Controlling party

	The company is controlled by Mr Brian Caster and Ms Kerry Hammond by virtue of their majority shareholding.


10	Other information

	Powderhall Bronze Ltd. is a private company limited by shares and incorporated in Scotland. Its registered office is:
	20a Bridge Street,
	Musselburgh,
	East Lothian
	EH21 6AG