IRIS Accounts Production v26.1.10.60 SC468515 director 1.4.25 31.3.26 31.3.26 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC468515 2025-03-31 SC468515 2026-03-31 SC468515 2025-04-01 2026-03-31 SC468515 2024-03-31 SC468515 2024-04-01 2025-03-31 SC468515 2025-03-31 SC468515 ns15:Scotland 2025-04-01 2026-03-31 SC468515 ns14:PoundSterling 2025-04-01 2026-03-31 SC468515 ns10:Director1 2025-04-01 2026-03-31 SC468515 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC468515 ns10:SmallEntities 2025-04-01 2026-03-31 SC468515 ns10:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 SC468515 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 SC468515 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC468515 ns10:AbridgedAccounts 2025-04-01 2026-03-31 SC468515 ns5:CurrentFinancialInstruments 2026-03-31 SC468515 ns5:CurrentFinancialInstruments 2025-03-31 SC468515 ns5:ShareCapital 2026-03-31 SC468515 ns5:ShareCapital 2025-03-31 SC468515 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 SC468515 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 SC468515 ns10:RegisteredOffice 2025-04-01 2026-03-31 SC468515 ns5:PlantMachinery 2025-04-01 2026-03-31 SC468515 ns5:FurnitureFittings 2025-04-01 2026-03-31 SC468515 ns5:MotorVehicles 2025-04-01 2026-03-31 SC468515 ns5:Secured 2026-03-31 SC468515 ns5:Secured 2025-03-31

REGISTERED NUMBER: SC468515 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| FIBREGLO INSULATIONS LIMITED |

FIBREGLO INSULATIONS LIMITED (REGISTERED NUMBER: SC468515) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2026

Page |

| Abridged Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| Chartered Accountants' Report | 6 |

FIBREGLO INSULATIONS LIMITED (REGISTERED NUMBER: SC468515) |

ABRIDGED BALANCE SHEET

31 March 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 203,442 |  | 186,082 |  |

CURRENT ASSETS

Debtors | 648,734 |  | 563,642 |  |

Cash at bank | 1,003,872 |  | 425,573 |  |

1,652,606 |  | 989,215 |  |

CREDITORS

Amounts falling due within one year | 266,118 |  | 177,847 |  |

NET CURRENT ASSETS | 1,386,488 |  | 811,368 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,589,930 |  | 997,450 |  |

PROVISIONS FOR LIABILITIES | 41,624 |  | 28,832 |  |

NET ASSETS | 1,548,306 |  | 968,618 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 1,548,206 |  | 968,518 |  |

1,548,306 |  | 968,618 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

FIBREGLO INSULATIONS LIMITED (REGISTERED NUMBER: SC468515) |

ABRIDGED BALANCE SHEET - continued

31 March 2026

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

G Coburn - Director

FIBREGLO INSULATIONS LIMITED (REGISTERED NUMBER: SC468515) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Fibreglo Insulations 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: | SC468515

| Registered office: | Unit 21A

| Glencryan Road

| Carbrain Industrial Estate

| Cumbernauld

| G67 2UH

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 insulation services, excluding VAT. Revenue is recognised when services are provided to the customer.

| 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 | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on cost

| 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.

FIBREGLO INSULATIONS LIMITED (REGISTERED NUMBER: SC468515) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2026

2. | ACCOUNTING POLICIES - continued

| 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 11 (2025 - 8 ) .

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2025 | 298,312 |  |

| Additions | 175,101 |  |

| Disposals | (148,673 | ) |

| At 31 March 2026 | 324,740 |  |

| DEPRECIATION

| At 1 April 2025 | 112,230 |  |

| Charge for year | 60,719 |  |

| Eliminated on disposal | (51,651 | ) |

| At 31 March 2026 | 121,298 |  |

| NET BOOK VALUE

| At 31 March 2026 | 203,442 |  |

| At 31 March 2025 | 186,082 |  |

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

| Totals

£ |

| COST

| At 1 April 2025 | 34,730 |  |

| Disposals | (37,225 | ) |

| Reclassification/transfer | 2,495 |  |

| At 31 March 2026 | - |  |

| DEPRECIATION

| At 1 April 2025 | 9,306 |  |

| Eliminated on disposal | (9,306 | ) |

| At 31 March 2026 | - |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 March 2025 | 25,424 |  |

FIBREGLO INSULATIONS LIMITED (REGISTERED NUMBER: SC468515) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2026

5. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.26 |  | 31.3.25

£ | £ |

| Other loans | - |  | 2,145 |  |

| The bank overdraft & other loans are secured by personal guarantees from the directors.

6. | ULTIMATE CONTROLLING PARTY

| The company is controlled by the director

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR

ON THE UNAUDITED FINANCIAL STATEMENTS OF

FIBREGLO INSULATIONS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fibreglo Insulations Limited for the year ended 31 March 2026 which comprise the Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of Fibreglo Insulations Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fibreglo Insulations Limited and state those matters that we have agreed to state to the director of Fibreglo Insulations Limited in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Fibreglo Insulations Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fibreglo Insulations Limited. You consider that Fibreglo Insulations Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fibreglo Insulations Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Curle & Co

Chartered Accountants

22 Backbrae Street

Kilsyth

G65 0NH

21 May 2026