REGISTERED NUMBER: SC558153 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

NODRAM DECORATORS (ABERDEEN) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Levickis

REGISTERED OFFICE:

28 South Esplanade West

Aberdeen

AB11 9AA

REGISTERED NUMBER:

SC558153 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Intangible assets

4

35,279

38,583

Tangible assets

5

63,851

57,789

99,130

96,372

CURRENT ASSETS

Stocks

2,765

11,822

Debtors

6

283,012

392,882

Cash at bank

6,500

71,318

292,277

476,022

CREDITORS

Amounts falling due within one year

7

160,187

237,924

NET CURRENT ASSETS

132,090

238,098

TOTAL ASSETS LESS CURRENT LIABILITIES

231,220

334,470

CREDITORS

Amounts falling due after more than one year

8

(32,964

)

(54,546

)

PROVISIONS FOR LIABILITIES

9

(13,565

)

(7,994

)

NET ASSETS

184,691

271,930

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

184,591

271,830

SHAREHOLDERS' FUNDS

184,691

271,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 17 June 2026 and were signed by:

A Levickis - Director

1.	STATUTORY INFORMATION

Nodram Decorators (Aberdeen) Ltd 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.

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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 includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 8 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 March 2025

and 28 February 2026

46,134

AMORTISATION

At 1 March 2025

7,551

Amortisation for year

3,304

At 28 February 2026

10,855

NET BOOK VALUE

At 28 February 2026

35,279

At 28 February 2025

38,583

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 March 2025

4,633

24,994

166

Additions

-

28,697

-

Disposals

-

-

-

At 28 February 2026

4,633

53,691

166

DEPRECIATION

At 1 March 2025

1,523

14,885

11

Charge for year

312

8,479

32

Eliminated on disposal

-

-

-

At 28 February 2026

1,835

23,364

43

NET BOOK VALUE

At 28 February 2026

2,798

30,327

123

At 28 February 2025

3,110

10,109

155

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2025

86,078

3,841

119,712

Additions

-

15,800

44,497

Disposals

(27,250

)

-

(27,250

)

At 28 February 2026

58,828

19,641

136,959

DEPRECIATION

At 1 March 2025

43,295

2,209

61,923

Charge for year

6,618

2,714

18,155

Eliminated on disposal

(6,970

)

-

(6,970

)

At 28 February 2026

42,943

4,923

73,108

NET BOOK VALUE

At 28 February 2026

15,885

14,718

63,851

At 28 February 2025

42,783

1,632

57,789

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

Motor

vehicles

£

COST

At 1 March 2025

and 28 February 2026

49,440

DEPRECIATION

At 1 March 2025

17,689

Charge for year

4,137

At 28 February 2026

21,826

NET BOOK VALUE

At 28 February 2026

27,614

At 28 February 2025

31,751

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

88,856

209,883

Other debtors

164,362

148,015

Directors' current accounts

23,133

23,133

Tax

6,311

6,311

VAT

-

2,868

Prepayments

350

2,672

283,012

392,882

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

5,520

52,414

Hire purchase contracts

3,501

8,488

Trade creditors

15,442

22,688

Tax

79,134

98,383

Social security and other taxes

51,122

52,836

VAT

2,963

-

Other creditors

2,230

2,939

Accrued expenses

275

176

160,187

237,924

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans - 1-2 years

11,040

11,520

Bank loans - 2-5 years

5,701

10,021

Hire purchase contracts

1,458

17,013

Other creditors

14,765

15,992

32,964

54,546

9.	PROVISIONS FOR LIABILITIES

28.2.26

28.2.25

£

£

Deferred tax

13,565

7,994

Deferred

tax

£

Balance at 1 March 2025

7,994

Movement during the year

5,571

Balance at 28 February 2026

13,565