Registration number: SC587522

S F Building Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

S F Building Ltd

Company Information

Director

Mr Stephen Ford

Registered office

13-15 Morningside Drive Edinburgh EH10 5LZ

Accountants

JS Accounting Services Ltd 13-15 Morningside Drive Edinburgh EH10 5LZ

S F Building Ltd

(Registration number: SC587522)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	1,110	1,746
Current assets
Debtors	4	69,040	69,757
Cash at bank and in hand		17,141	10,945
		86,181	80,702
Creditors: Amounts falling due within one year	5	(21,964)	(14,692)
Net current assets		64,217	66,010
Total assets less current liabilities		65,327	67,756
Creditors: Amounts falling due after more than one year	5	(3,799)	(6,833)
Net assets		61,528	60,923
Capital and reserves
Called up share capital		1	1
Retained earnings		61,527	60,922
Shareholders' funds		61,528	60,923

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 May 2026
 

......................................... Mr Stephen Ford Director

S F Building Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% Straight line

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

S F Building Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

S F Building Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 September 2024	2,382	2,382
At 31 August 2025	2,382	2,382
Depreciation
At 1 September 2024	636	636
Charge for the year	636	636
At 31 August 2025	1,272	1,272
Carrying amount
At 31 August 2025	1,110	1,110
At 31 August 2024	1,746	1,746

4

Debtors

Current	Note	2025 £	2024 £
Trade debtors		-	1,680
Amounts owed by related parties		69,040	68,077
		69,040	69,757

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	17,364	8,092
Accruals and deferred income	4,600	6,600
	21,964	14,692

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	6	3,799	6,833

S F Building Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	3,799	6,833