REGISTERED NUMBER: SC056141 (Scotland)

Financial Statements for the Year Ended 31 August 2025

for

Building Craftsmen (Dumfries) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W J Hewitson

REGISTERED OFFICE:

The Hollies

Peatford

Lockerbie

DG11 1BJ

REGISTERED NUMBER:

SC056141 (Scotland)

ACCOUNTANTS:

McLay McAlister & McGibbon LLP

Chartered Accountants

145 St Vincent Street

Glasgow

G2 5JF

FIXED ASSETS

Tangible assets

4

1,107,917

1,105,476

CURRENT ASSETS

Stocks

3,950,798

5,883,560

Debtors

5

1,109,739

1,601,241

Investments

6

1,181

1,181

Cash at bank

1,696,428

1,370,643

6,758,146

8,856,625

CREDITORS

Amounts falling due within one year

7

(2,969,504

)

(4,894,292

)

NET CURRENT ASSETS

3,788,642

3,962,333

TOTAL ASSETS LESS CURRENT LIABILITIES

4,896,559

5,067,809

CREDITORS

Amounts falling due after more than one year

8

(8,250

)

-

PROVISIONS FOR LIABILITIES

(31,872

)

(56,812

)

NET ASSETS

4,856,437

5,010,997

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Capital redemption reserve

51

51

Retained earnings

4,846,386

5,000,946

SHAREHOLDERS' FUNDS

4,856,437

5,010,997

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 May 2026 and were signed by:

W J Hewitson - Director

1.	STATUTORY INFORMATION

Building Craftsmen (Dumfries) 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 presentation currency of the financial statements is the Pound Sterling (£).

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

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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.

Property

-

5% on cost

Tenant's improvements

-

25% on reducing balance

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

Stocks

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Financial instruments

Debtors

Trade debtors and other debtors are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence the asset is impaired.

Cash and cash equivalents

Cash and cash equivalent in the balance sheet comprise cash at bank and in hand.

Creditors

Trade creditors and other creditors are recognised where the company has a present obligation resulting from a past event and are recognised at the settlement amount due after allowing for any trade discounts due.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 19 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Tenant's

Plant and

Motor

Property

improvements

machinery

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

632,009

22,407

1,245,288

727,567

2,627,271

Additions

-

-

17,283

315,277

332,560

Disposals

-

-

(58,712

)

(202,393

)

(261,105

)

At 31 August 2025

632,009

22,407

1,203,859

840,451

2,698,726

DEPRECIATION

At 1 September 2024

31,600

21,743

967,357

501,095

1,521,795

Charge for year

31,600

166

59,042

70,514

161,322

Eliminated on disposal

-

-

-

(92,308

)

(92,308

)

At 31 August 2025

63,200

21,909

1,026,399

479,301

1,590,809

NET BOOK VALUE

At 31 August 2025

568,809

498

177,460

361,150

1,107,917

At 31 August 2024

600,409

664

277,931

226,472

1,105,476

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

Motor

vehicles

£

COST

At 1 September 2024

44,535

Additions

90,897

Transfer to ownership

(44,535

)

At 31 August 2025

90,897

DEPRECIATION

At 1 September 2024

11,134

Charge for year

14,613

Transfer to ownership

(25,747

)

At 31 August 2025

-

NET BOOK VALUE

At 31 August 2025

90,897

At 31 August 2024

33,401

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

155,414

255,901

Other debtors

954,325

1,345,340

1,109,739

1,601,241

6.	CURRENT ASSET INVESTMENTS

31.8.25

31.8.24

£

£

Vehicle registrations

1,181

1,181

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

8,250

-

Trade creditors

190,363

288,152

Taxation and social security

140,440

176,448

Other creditors

2,630,451

4,429,692

2,969,504

4,894,292

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

8,250

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Hire purchase contracts

16,500

-

HP creditors are secured over the assets to which they relate.

The Royal Bank of Scotland PLC holds a bond and floating charge dated 27 February 1989 over the Company's whole property and undertaking.

10.	RELATED PARTY DISCLOSURES

Included in debtors is a loan due to the Company from the Director of £72,996 (2024: Nil) This loan has been repaid post year end.