Company registration number SC041421 (Scotland)
WALTER BROWN (BUILDING CONTRACTORS) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
WALTER BROWN (BUILDING CONTRACTORS) LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
WALTER BROWN (BUILDING CONTRACTORS) LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
73,444
54,314
Current assets
Stocks
11,875
18,987
Debtors
4
25,677
14,259
Cash at bank and in hand
257,440
253,501
294,992
286,747
Creditors: amounts falling due within one year
5
(124,548)
(124,313)
Net current assets
170,444
162,434
Total assets less current liabilities
243,888
216,748
Provisions for liabilities
(15,274)
(7,811)
Net assets
228,614
208,937
Capital and reserves
Called up share capital
6
1,100
1,100
Profit and loss reserves
227,514
207,837
Total equity
228,614
208,937

For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 June 2026 and are signed on its behalf by:
Mr A Candlish
Director
Company registration number SC041421 (Scotland)
WALTER BROWN (BUILDING CONTRACTORS) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 2 -
1
Accounting policies
Company information

Walter Brown (Building Contractors) Ltd is a private company limited by shares incorporated in Scotland. The company's registered number and registered office address can be found on the Company Information page.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.3
Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Machinery
25% reducing balance
Computers
25% straight line
Motor Vehicles
25% reducing balance
Land and Buildings
4% on cost
1.4
Work in progress

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and included all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Completed work, which has not been invoiced, is included in work in progress at invoice value excluding value added tax.

1.5
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 tax

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.

WALTER BROWN (BUILDING CONTRACTORS) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reserved 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 law that have been enacted or substantively enacted by the period 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.

1.6
Pension costs and other post-retirement benefits

The company operates a defined contribution scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
4
4
3
Tangible fixed assets
Freehold Property
Plant and Machinery
Computers
Motor Vehicles
Total
£
£
£
£
£
Cost
At 1 March 2025
21,410
25,243
399
60,475
107,527
Additions
-
0
2,316
-
0
28,930
31,246
At 28 February 2026
21,410
27,559
399
89,405
138,773
Depreciation and impairment
At 1 March 2025
8,204
21,536
399
23,074
53,213
Depreciation charged in the year
856
1,307
-
0
9,953
12,116
At 28 February 2026
9,060
22,843
399
33,027
65,329
Carrying amount
At 28 February 2026
12,350
4,716
-
0
56,378
73,444
At 28 February 2025
13,206
3,707
-
0
37,401
54,314
WALTER BROWN (BUILDING CONTRACTORS) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 4 -
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
19,465
12,877
Other debtors
6,212
1,382
25,677
14,259
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
4,382
3,321
Corporation tax
12,412
5,991
Other taxation and social security
2,113
7,352
Other creditors
103,156
105,289
Accruals and deferred income
2,485
2,360
124,548
124,313
6
Called up share capital
2026
2025
£
£
Ordinary share capital
Issued and fully paid
1,000 Ordinary A of £1 each
1,000
1,000
25 Ordinary B of £1 each
25
25
25 Ordinary C of £1 each
25
25
25 Ordinary D of £1 each
25
25
25 Ordinary E of £1 each
25
25
1,100
1,100

The ordinary non-voting shares are divided into four classes, B, C, D & E of 25 shares each. These classes have exactly the same rights as each other.

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