| Registered Number:SC560918 |
For the year ended 31 March 2026
Scotland
Unaudited Financial Statements
For the year ended 31 March 2026
Its Bed And Pine Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Its Bed And Pine Limited
Statement of Financial Position
2025
2026
3,300
6,600
2
| Property, plant and equipment |
26,683
17,477
3
29,983
24,077
89,421
67,491
4
| Trade and other receivables |
14,474
8,478
5
167,768
| Cash and cash equivalents |
143,049
219,018
271,663
| Trade and other payables: amounts falling due within one |
| year |
(144,976)
(109,696)
6
126,687
109,322
Net current assets
| Total assets less current liabilities |
139,305
150,764
| Trade and other payables: amounts falling due after more |
| than one year |
(1,293)
(15,545)
7
(5,069)
-
| Provisions for liabilities |
118,691
Net assets
149,471
100
100
118,591
149,371
118,691
149,471
Shareholders' funds
| For the year ended 31 March 2026 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2026
Its Bed And Pine Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 23 June 2026 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2026
Its Bed And Pine Limited
Notes to the Financial Statements
Statutory Information
| Its Bed And Pine Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC560918. |
20 Wallsgreen Road
Cardenden
Lochgelly
Scotland
KY5 0JF
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in April 2017, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Office Equipment
Motor Vehicles
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 March 2026
Its Bed And Pine Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
33,000
33,000
26,400
3,300
Charge for year
29,700
3,300
6,600
| 3. Property, plant and equipment |
Motor Vehicles
62,312
3,632
40,695
17,985
21,181
-
17,000
4,181
-
(13,695)
-
(13,695)
22,166
44,000
3,632
69,798
| Provision for depreciation and impairment |
44,835
1,563
28,866
14,406
Charge for year
8,890
516
6,436
1,938
(10,610)
-
(10,610)
-
43,115
2,079
24,692
16,344
5,822
19,308
1,553
26,683
3,579
11,829
2,069
17,477
2025
2026
67,491
89,421
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For the year ended 31 March 2026
Its Bed And Pine Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2025
2026
4,625
10,716
3,853
3,758
14,474
8,478
| 6. Trade and other payables: amounts falling due within one year |
2025
2026
1,000
6,000
42,824
52,466
| Taxation and social security |
27,463
33,428
38,409
53,082
109,696
144,976
| 7. Trade and other payables: amounts falling due after more than one year |
2025
2026
-
1,000
15,545
293
15,545
1,293
| 8. Average number of persons employed |
During the year the average number of employees was 7 (2025 : 8)
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