REGISTERED NUMBER: SC273342 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

R & S SILLARS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R H G Sillars

Mrs S J Sillars

J Coulter

Mrs F B Symington

Mrs K Lowe

SECRETARY:

Mrs S J Sillars

REGISTERED OFFICE:

Arran House

15D Skye Road

Prestwick

Ayrshire

KA9 2TA

REGISTERED NUMBER:

SC273342 (Scotland)

ACCOUNTANTS:

McLay, McAlister & McGibbon (Ayr) Ltd

Arran House

15D Skye Road

Prestwick

Ayrshire

KA9 2TA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,844

6,162

Investments

6

-

2

5,844

6,164

CURRENT ASSETS

Stocks

78,319

79,924

Debtors

7

64,178

61,940

Cash at bank

337,102

283,929

479,599

425,793

CREDITORS

Amounts falling due within one year

8

90,858

102,931

NET CURRENT ASSETS

388,741

322,862

TOTAL ASSETS LESS CURRENT LIABILITIES

394,585

329,026

PROVISIONS FOR LIABILITIES

9

1,461

1,541

NET ASSETS

393,124

327,485

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

363,124

297,485

SHAREHOLDERS' FUNDS

393,124

327,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

R H G Sillars - Director

1.	STATUTORY INFORMATION

R & S Sillars 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.

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 value of goods supplied, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is amortised evenly over its estimated useful life of seven years.

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.

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 etc

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

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

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 5 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 October 2024

and 30 September 2025

60,000

Amortisation

At 1 October 2024

and 30 September 2025

60,000

Net book value

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 October 2024

42,456

Additions

1,397

At 30 September 2025

43,853

Depreciation

At 1 October 2024

36,294

Charge for year

1,715

At 30 September 2025

38,009

Net book value

At 30 September 2025

5,844

At 30 September 2024

6,162

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 October 2024

2

Disposals

(2

)

At 30 September 2025

-

Net book value

At 30 September 2025

-

At 30 September 2024

2

.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

47,616

43,254

Other debtors

16,562

18,686

64,178

61,940

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

45,498

46,305

Amounts owed to group undertakings

-

2

Taxation and social security

38,211

41,103

Other creditors

7,149

15,521

90,858

102,931

9.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

1,461

1,541

Deferred

tax

£

Balance at 1 October 2024

1,541

Credit to Income Statement during year

(80

)

Balance at 30 September 2025

1,461

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

£

R H G Sillars and Mrs S J Sillars

Balance outstanding at start of year

10,143

-

Amounts advanced

7,975

10,143

Amounts repaid

(10,143

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,975

10,143

The loan balance is interest free and repayable on demand.