REGISTERED NUMBER: SC468515 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FIBREGLO INSULATIONS LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

Chartered Accountants' Report

6

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.

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

G Coburn - Director

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.

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

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

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