Scotson Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 4386505

Scotson Construction Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2026

Scotson Construction Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	7		4,617	5,560

Current assets

Debtors	8	31,821	29,758
Cash at bank and in hand		2,230	6,941
		--------	--------
		34,051	36,699

Creditors: amounts falling due within one year	9	20,050		22,002
		--------		--------
Net current assets			14,001	14,697
			--------	--------
Total assets less current liabilities			18,618	20,257

Provisions

Taxation including deferred tax	877	1,056
	--------	--------
Net assets	17,741	19,201
	--------	--------

Capital and reserves

Called up share capital	10	10
Profit and loss account	17,731	19,191
	--------	--------
Shareholders funds	17,741	19,201
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The 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 Act with respect to accounting records and the preparation of financial statements .

Scotson Construction Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 5 June 2026 , and are signed on behalf of the board by:

Mr G Scotson

Director

Scotson Construction Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 339 Lancaster Road, Morecambe, Lancashire, LA4 6RH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2025: 6 ).

5. Tax on profit

Major components of tax expense

	2026	2025
	£	£

Current tax:

UK current tax expense	11,412	7,261
Adjustments in respect of prior periods	–	( 19)
	--------	-------
Total current tax	11,412	7,242
	--------	-------

Deferred tax:

Origination and reversal of timing differences	( 179)	( 286)
	--------	-------
Tax on profit	11,233	6,956
	--------	-------

6. Dividends

Dividends paid during the year (excluding those for which a liability existed at the end of the prior year):

	2026	2025
	£	£

Equity dividends on ordinary shares	46,500	31,500
	--------	--------

7. Tangible assets

Plant and machinery	Motor vehicles	Total
£	£	£

Cost
At 1 April 2025	10,740	25,352	36,092
Additions	266	–	266
	--------	--------	--------
At 31 March 2026	11,006	25,352	36,358
	--------	--------	--------
Depreciation
At 1 April 2025	8,532	22,000	30,532
Charge for the year	371	838	1,209
	--------	--------	--------
At 31 March 2026	8,903	22,838	31,741
	--------	--------	--------
Carrying amount
At 31 March 2026	2,103	2,514	4,617
	--------	--------	--------
At 31 March 2025	2,208	3,352	5,560
	--------	--------	--------

8. Debtors

	2026	2025
	£	£

Trade debtors	22,860	20,999
Prepayments and accrued income	1,920	1,953
Other debtors	7,041	6,806
	--------	--------
	31,821	29,758
	--------	--------

9. Creditors: amounts falling due within one year

	2026	2025
	£	£

Trade creditors	2,336	2,185
Accruals and deferred income	1,017	4,424
Corporation tax	11,412	8,814
Social security and other taxes	5,059	6,333
Director loan accounts	226	246
	--------	--------
	20,050	22,002
	--------	--------

10. Directors' advances, credits and guarantees

The Directors Loan Account in the Company remained in credit throughout the year.