B & H Auto Spares (Oban) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC106798 (Scotland)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

B & H Auto Spares (Oban) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr JM Bamber

Mr GL Hogg

Mr P D Bamber

Mr C M Bamber

Mr J R Bamber

SECRETARY:

Mr JM Bamber

REGISTERED OFFICE:

Unit 1

Claggan Road

Fort William

PH33 6PH

REGISTERED NUMBER:

SC106798 (Scotland)

ACCOUNTANTS:

Towers + Gornall Ltd

Chartered Certified Accountants

River View

96 High Street

Garstang

Preston

Lancashire

PR3 1WZ

BANKERS:

Bank of Scotland

62 High Street

Fort William

Inverness-shire

PH33 6AE

FIXED ASSETS

Property, plant and equipment

4

292,114

188,031

CURRENT ASSETS

Inventories

253,154

220,212

Debtors

5

69,391

54,576

Cash at bank and in hand

355,941

484,689

678,486

759,477

CREDITORS

Amounts falling due within one year

6

210,099

270,685

NET CURRENT ASSETS

468,387

488,792

TOTAL ASSETS LESS CURRENT
LIABILITIES

760,501

676,823

PROVISIONS FOR LIABILITIES

7

44,621

18,600

NET ASSETS

715,880

658,223

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

715,680

658,023

SHAREHOLDERS' FUNDS

715,880

658,223

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 16th April 2026 and were signed on its behalf by:

Mr JM Bamber - Director

Mr GL Hogg - Director

Mr P D Bamber - Director

Mr C M Bamber - Director

Mr J R Bamber - Director

1.	STATUTORY INFORMATION

B & H Auto Spares (Oban) 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

Revenue 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

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

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

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.

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 10 (2024 - 9 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Heritable

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 1st January 2025

113,632

43,682

104,596

33,162

295,072

Additions

-

9,762

119,930

934

130,626

Disposals

-

(21,017

)

-

(21,017

)

At 31st December 2025

113,632

53,444

203,509

34,096

404,681

DEPRECIATION

At 1st January 2025

-

30,687

47,334

29,020

107,041

Charge for year

-

1,868

20,364

2,149

24,381

Eliminated on disposal

-

(18,855

)

-

(18,855

)

At 31st December 2025

-

32,555

48,843

31,169

112,567

NET BOOK VALUE

At 31st December 2025

113,632

20,889

154,666

2,927

292,114

At 31st December 2024

113,632

12,995

57,262

4,142

188,031

Included in tangible fixed assets is a property included at cost. In the directors' opinion this represents a fair value of the property.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

65,941

52,326

Prepayments and accrued income

3,450

2,250

69,391

54,576

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

109,417

126,614

Corporation tax

50,439

90,426

Social security and other taxes

43,134

46,861

Directors' current accounts

2,109

Accruals and deferred income

5,000

4,675

210,099

270,685

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

44,621

18,600

Deferred

tax

£

Balance at 1st January 2025

18,600

Provided during year

26,021

Balance at 31st December 2025

44,621

8.	RELATED PARTY DISCLOSURES

At the year end, the company owed £2,109 (2024: £2,109) to the directors. No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.