REGISTERED NUMBER: SC254009 (Scotland)

Financial Statements for the Year Ended 31 August 2025

for

Aberdeen Boiler Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C P Brodie

REGISTERED OFFICE:

Nevis House

Balgownie Road

Bridge of Don

Aberdeen

AB22 8LX

REGISTERED NUMBER:

SC254009 (Scotland)

ACCOUNTANTS:

Tawse & Partners

Chartered Accountants

18 North Silver Street

Aberdeen

AB10 1JU

FIXED ASSETS

Tangible assets

5

292,861

265,885

CURRENT ASSETS

Stocks

3,900

3,800

Debtors

6

87,518

65,202

Cash at bank

635,847

504,525

727,265

573,527

CREDITORS

Amounts falling due within one year

7

163,702

108,595

NET CURRENT ASSETS

563,563

464,932

TOTAL ASSETS LESS CURRENT LIABILITIES

856,424

730,817

CREDITORS

Amounts falling due after more than one year

8

(48,091

)

(16,143

)

PROVISIONS FOR LIABILITIES

(38,281

)

(31,932

)

NET ASSETS

770,052

682,742

CAPITAL AND RESERVES

Called up share capital

11

33

33

Capital redemption reserve

12

67

67

Retained earnings

12

769,952

682,642

SHAREHOLDERS' FUNDS

770,052

682,742

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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.

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 24 May 2026 and were signed by:

C P Brodie - Director

1.	STATUTORY INFORMATION

Aberdeen Boiler Services 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical convention as modified by the revaluation of certain assets.

The principal accounting policies adopted in the preparation of the financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover and other income recognition

Turnover is measured at fair value of consideration received or receivable, net of VAT and discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from services rendered is recognised by reference to the stage of completion at the Balance Sheet date. Stage of completion is measured by reference to contractual rates of labour hours for services rendered and direct expenses incurred. When the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Interest

Interest income is recognised using the effective interest method.

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 shorter.

Freehold property - straight line, over 49 years

Improvements to property - fully depreciated during year

Plant and machinery -15% on cost

Motor Vehicles - 25% on cost

Office Equipment - 25% on cost

Tangible fixed assets are stated at deemed cost less accumulated depreciation and accumulated impairment.

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to sell. Costs include all costs of purchases, costs of conversion and the other costs incurred in bringing stock to its current location and condition. Provision is made for damaged, obsolete and slow moving stock where appropriate.

Financial instruments

The company has elected to apply provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an option to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction prices. Any losses arising from impairment are recognised in the Income Statement in other administrative expenses.

Amounts recoverable on contracts

Revenue from contracts ongoing at the year end are accounted for under the stage of completion method and included in turnover for the year. Amounts recoverable on contracts reflect the amounts due at the year end.

Impairment

Assets not measured at fair value are reviewed for any indication that the assets may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the Income Statement unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

149,505

232,361

381,866

Additions

-

90,015

90,015

Disposals

-

(37,591

)

(37,591

)

At 31 August 2025

149,505

284,785

434,290

DEPRECIATION

At 1 September 2024

11,348

104,633

115,981

Charge for year

1,418

55,756

57,174

Eliminated on disposal

-

(31,726

)

(31,726

)

At 31 August 2025

12,766

128,663

141,429

NET BOOK VALUE

At 31 August 2025

136,739

156,122

292,861

At 31 August 2024

138,157

127,728

265,885

Included in cost of land and buildings is freehold land of £ 80,000 (2024 - £ 80,000 ) which is not depreciated.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

78,739

57,322

Other debtors

8,779

7,880

87,518

65,202

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

18,044

20,436

Trade creditors

49,898

41,416

Taxation and social security

66,155

40,940

Other creditors

29,605

5,803

163,702

108,595

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

48,091

16,143

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Hire purchase contracts

66,135

36,579

The hire purchase balances are secured over the assets to which they relate.

10.	FINANCIAL INSTRUMENTS

31.08.25

31.08.24

£

£

Carrying amount of financial assets

Debt instruments measured at amortised cost

714,586

561,847

Carrying amount of financial liabilities

Credit instruments measured at amortised cost

145,638

83,798

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

33

Ordinary shares

£1

33

33

12.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 September 2024

682,642

67

682,709

Profit for the year

87,810

87,810

Dividends

(500

)

(500

)

At 31 August 2025

769,952

67

770,019

13.	OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £2,100 (2024 - £1,794).