Barrie Scott Limited 31/03/2026 iXBRL

Company registration number: SC424746

Barrie Scott Limited

Trading as Barrie Scott & Co

Unaudited filleted financial statements

31 March 2026

Barrie Scott Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Barrie Scott Limited

Directors and other information


	Directors	Diane E Jack
		George R Thomson
		James A R Brown
		Craig J Allison
		Fiona Deans


	Company number	SC424746


	Registered office	16-18 Weir Street
		Falkirk
		FK1 1RA


	Business address	16-18 Weir Street
		Falkirk
		FK1 1RA

Barrie Scott Limited

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	21,272		30,133
		_______		_______
			21,272		30,133

Current assets
Debtors	7	398,826		388,580
Cash at bank and in hand		268,157		248,149
		_______		_______
		666,983		636,729
Creditors: amounts falling due
within one year	8	( 305,333)		( 342,018)
		_______		_______
Net current assets			361,650		294,711
			_______		_______
Total assets less current liabilities			382,922		324,844


Provisions for liabilities			( 5,318)		( 7,533)

			_______		_______
Net assets			377,604		317,311
			_______		_______

Capital and reserves
Called up share capital			22,052		22,052
Capital redemption reserve			12,902		12,902
Profit and loss account			342,650		282,357
			_______		_______
Shareholders funds			377,604		317,311
			_______		_______

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.

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 comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 01 July 2026 , and are signed on behalf of the board by:

Diane E Jack

Director

Company registration number: SC424746

Barrie Scott 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 Scotland. The address of the registered office is 16-18 Weir Street, Falkirk, FK1 1RA.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

These financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Revenue represents the total invoice value, excluding value added tax, of accounting and taxation services provided during the year, with an adjustment for the recoverable value of incomplete work at the end of the year, together with commission earned.Revenue for completed work is recognised on completion.Revenue for on-going services is recognised by reference to the stage of completion, discounted for non recoverable amounts.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	Straight line over 12 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

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 and machinery	-	3 - 5 years Straight line
Fittings fixtures and equipment	-	15% Reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price.Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 20 (2025: 19 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2025 and 31 March 2026	1,155,000	1,155,000
	_______	_______
Amortisation
At 1 April 2025 and 31 March 2026	1,155,000	1,155,000
	_______	_______
Carrying amount
At 31 March 2026	-	-
	_______	_______
At 31 March 2025	-	-
	_______	_______

6. Tangible assets

	Computer equipment	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2025	76,499	18,983	95,482
Additions	1,104	-	1,104
Disposals	( 16,537)	-	( 16,537)
	_______	_______	_______
At 31 March 2026	61,066	18,983	80,049
	_______	_______	_______
Depreciation
At 1 April 2025	51,678	13,672	65,350
Charge for the year	9,167	797	9,964
Disposals	( 16,537)	-	( 16,537)
	_______	_______	_______
At 31 March 2026	44,308	14,469	58,777
	_______	_______	_______
Carrying amount
At 31 March 2026	16,758	4,514	21,272
	_______	_______	_______
At 31 March 2025	24,821	5,311	30,132
	_______	_______	_______

7. Debtors

	2026	2025
	£	£
Trade debtors	186,448	197,504
Other debtors	212,378	191,076
	_______	_______
	398,826	388,580
	_______	_______

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Loans	83,333	125,000
Trade creditors	15,356	19,604
Corporation tax	98,275	92,458
Social security and other taxes	102,784	98,299
Other creditors	5,585	6,657
	_______	_______
	305,333	342,018
	_______	_______

9. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	984	984
Later than 1 year and not later than 5 years	1,476	2,460
	_______	_______
	2,460	3,444
	_______	_______