REGISTERED NUMBER: SC272362 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

J.E. DOUGLAS & SONS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mrs S K Foster

D Brydon

SECRETARY:

Mrs S K Foster

REGISTERED OFFICE:

J E Douglas & Sons Limited

Industrial Estate

Station Road

Duns

Berwickshire

TD11 3HS

REGISTERED NUMBER:

SC272362 (Scotland)

ACCOUNTANTS:

J.H. Greenwood & Company

Chartered Accountants

Ava Lodge

Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J.E. Douglas & Sons Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of J.E. Douglas & Sons Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J.E. Douglas & Sons Limited and state those matters that we have agreed to state to the Board of Directors of J.E. Douglas & Sons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J.E. Douglas & Sons Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that J.E. Douglas & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J.E. Douglas & Sons Limited. You consider that J.E. Douglas & Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J.E. Douglas & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

J.H. Greenwood & Company

Chartered Accountants

Ava Lodge

Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

30 June 2026

FIXED ASSETS

Intangible assets

4

-

63,000

Tangible assets

5

849,614

538,064

849,614

601,064

CURRENT ASSETS

Stocks

4,600

4,600

Debtors

6

355,212

224,310

Cash at bank

573,786

968,643

933,598

1,197,553

CREDITORS

Amounts falling due within one year

7

659,799

627,459

NET CURRENT ASSETS

273,799

570,094

TOTAL ASSETS LESS CURRENT LIABILITIES

1,123,413

1,171,158

PROVISIONS FOR LIABILITIES

26,819

11,382

NET ASSETS

1,096,594

1,159,776

CAPITAL AND RESERVES

Called up share capital

1,511

2,260

Retained earnings

1,095,083

1,157,516

SHAREHOLDERS' FUNDS

1,096,594

1,159,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

Mrs S K Foster - Director

1.	STATUTORY INFORMATION

J.E. Douglas & Sons Limited 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.

Goodwill

Goodwill is the amount paid in connection with the acquisition of a business in 2005. This was originally ammortised over 20 years straight line. This was amended in 2016 to 10 years straight line in line with FRS102.

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

-

25% on cost

Motor vehicles

-

25% on reducing balance

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 Profit and Loss Account, 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.

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 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

900,000

AMORTISATION

At 1 April 2025

837,000

Charge for year

63,000

At 31 March 2026

900,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

63,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

Building

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

576,605

224,788

89,490

4,593

895,476

Additions

264,243

29,486

40,300

-

334,029

At 31 March 2026

840,848

254,274

129,790

4,593

1,229,505

DEPRECIATION

At 1 April 2025

99,540

187,986

65,677

4,209

357,412

Charge for year

-

12,528

9,567

384

22,479

At 31 March 2026

99,540

200,514

75,244

4,593

379,891

NET BOOK VALUE

At 31 March 2026

741,308

53,760

54,546

-

849,614

At 31 March 2025

477,065

36,802

23,813

384

538,064

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

337,021

204,437

Other debtors

18,191

19,873

355,212

224,310

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Payments on account

1,500

1,500

Trade creditors

298,537

292,372

Taxation and social security

249,457

223,223

Other creditors

110,305

110,364

659,799

627,459