IRIS Accounts Production v26.1.0.640 SC334851 Board of Directors 1.4.25 31.3.26 31.3.26 false true false false false true false 106 14 14745 5131 14835 5011 16 106 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC334851 2025-03-31 SC334851 2026-03-31 SC334851 2025-04-01 2026-03-31 SC334851 2024-03-31 SC334851 2024-04-01 2025-03-31 SC334851 2025-03-31 SC334851 ns15:Scotland 2025-04-01 2026-03-31 SC334851 ns14:PoundSterling 2025-04-01 2026-03-31 SC334851 ns10:Director1 2025-04-01 2026-03-31 SC334851 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC334851 ns10:SmallEntities 2025-04-01 2026-03-31 SC334851 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 SC334851 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 SC334851 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC334851 ns10:FullAccounts 2025-04-01 2026-03-31 SC334851 1 2025-04-01 2026-03-31 SC334851 ns10:Director1 41 2025-03-31 SC334851 ns10:Director1 41 2024-03-31 SC334851 ns10:Director1 41 2025-04-01 2026-03-31 SC334851 ns10:Director1 41 2024-04-01 2025-03-31 SC334851 ns10:Director1 41 2026-03-31 SC334851 ns10:Director1 41 2025-03-31 SC334851 ns10:Director2 2025-04-01 2026-03-31 SC334851 ns10:CompanySecretary1 2025-04-01 2026-03-31 SC334851 ns10:RegisteredOffice 2025-04-01 2026-03-31 SC334851 ns5:CurrentFinancialInstruments 2026-03-31 SC334851 ns5:CurrentFinancialInstruments 2025-03-31 SC334851 ns5:Non-currentFinancialInstruments 2026-03-31 SC334851 ns5:Non-currentFinancialInstruments 2025-03-31 SC334851 ns5:ShareCapital 2026-03-31 SC334851 ns5:ShareCapital 2025-03-31 SC334851 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 SC334851 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 SC334851 ns5:NetGoodwill 2025-04-01 2026-03-31 SC334851 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 SC334851 ns5:LeaseholdImprovements 2025-04-01 2026-03-31 SC334851 ns5:PlantMachinery 2025-04-01 2026-03-31 SC334851 ns5:FurnitureFittings 2025-04-01 2026-03-31 SC334851 ns5:MotorVehicles 2025-04-01 2026-03-31 SC334851 ns5:NetGoodwill 2025-03-31 SC334851 ns5:NetGoodwill 2026-03-31 SC334851 ns5:NetGoodwill 2025-03-31 SC334851 ns5:LeaseholdImprovements 2025-03-31 SC334851 ns5:PlantMachinery 2025-03-31 SC334851 ns5:FurnitureFittings 2025-03-31 SC334851 ns5:MotorVehicles 2025-03-31 SC334851 ns5:LeaseholdImprovements 2026-03-31 SC334851 ns5:PlantMachinery 2026-03-31 SC334851 ns5:FurnitureFittings 2026-03-31 SC334851 ns5:MotorVehicles 2026-03-31 SC334851 ns5:LeaseholdImprovements 2025-03-31 SC334851 ns5:PlantMachinery 2025-03-31 SC334851 ns5:FurnitureFittings 2025-03-31 SC334851 ns5:MotorVehicles 2025-03-31 SC334851 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 SC334851 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 SC334851 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2026-03-31 SC334851 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-03-31 SC334851 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2026-03-31 SC334851 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-03-31 SC334851 ns5:HirePurchaseContracts 2026-03-31 SC334851 ns5:HirePurchaseContracts 2025-03-31 SC334851 ns5:WithinOneYear 2026-03-31 SC334851 ns5:WithinOneYear 2025-03-31 SC334851 ns5:BetweenOneFiveYears 2026-03-31 SC334851 ns5:BetweenOneFiveYears 2025-03-31 SC334851 ns5:AllPeriods 2026-03-31 SC334851 ns5:AllPeriods 2025-03-31 SC334851 2 ns10:Director2 2025-03-31 SC334851 2 ns10:Director2 2024-03-31 SC334851 2 ns10:Director2 2025-04-01 2026-03-31 SC334851 2 ns10:Director2 2024-04-01 2025-03-31 SC334851 2 ns10:Director2 2026-03-31 SC334851 2 ns10:Director2 2025-03-31

REGISTERED NUMBER: SC334851 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED |

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | R C Stevenson

| C Stevenson

| SECRETARY: | C Stevenson

| REGISTERED OFFICE: | 2 Canyon Road

| Netherton Industrial Estate

| Wishaw

| ML2 0EG

| REGISTERED NUMBER: | SC334851 (Scotland)

| ACCOUNTANTS: | McDaid & Partners

| Stanley House

| 69/71 Hamilton Road

| Motherwell

| Lanarkshire

| ML1 3DG

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

BALANCE SHEET

31 MARCH 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 175,384 |  | 159,112 |  |

175,384 |  | 159,112 |  |

CURRENT ASSETS

Stocks | 42,900 |  | 42,900 |  |

Debtors | 6 | 466,617 |  | 335,893 |  |

Cash at bank | 123,971 |  | 89,737 |  |

633,488 |  | 468,530 |  |

CREDITORS

Amounts falling due within one year | 7 | 258,524 |  | 210,342 |  |

NET CURRENT ASSETS | 374,964 |  | 258,188 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 550,348 |  | 417,300 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (41,957 | ) | (55,120 | ) |

PROVISIONS FOR LIABILITIES | (43,141 | ) | (39,692 | ) |

NET ASSETS | 465,250 |  | 322,488 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 464,250 |  | 321,488 |  |

465,250 |  | 322,488 |  |

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.

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

BALANCE SHEET - continued

31 MARCH 2026

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 26 June 2026 and were signed on its behalf by:

R C Stevenson - Director

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Specialist Building & Asbestos Services 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 stated net of VAT and trade discounts. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

| Goodwill

| Goodwill represents the excess of cost of acquisition of unincorporated business over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful left and is amortised on a systematic basis over its expected life, which is 10 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.

| Property improvements | - | 10% on cost

| Plant & machinery | - | 20% on cost

| Office equipment | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Stocks

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

| 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.

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| 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.

| Basic financial instruments

| Trade debtors

| Trade debtors are amounts due from customers for goods or services performed in the ordinary course of business.

| Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| Trade Creditors

| Trade creditors are amounts due to suppliers for goods or services obtained in the ordinary course of business.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Cash

| Cash and cash equivalents are basic financial assets and include cash on hand, deposits held at call with banks, other short-term liquid investments and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Government grants

| Government grants are eligible for recognition within the financial statements once they become receivable

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 19 (2025 - 17 ) .

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 110,000 |  |

| AMORTISATION

| At 1 April 2025

| and 31 March 2026 | 110,000 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 March 2025 | - |  |

5. | TANGIBLE FIXED ASSETS

| Property |  | Plant & |  | Office |  | Motor |

| improvements |  | machinery |  | equipment |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2025 | 10,400 |  | 118,957 |  | 2,711 |  | 152,850 |  | 284,918 |  |

| Additions | - |  | 33,743 |  | - |  | 44,946 |  | 78,689 |  |

| At 31 March 2026 | 10,400 |  | 152,700 |  | 2,711 |  | 197,796 |  | 363,607 |  |

| DEPRECIATION

| At 1 April 2025 | 4,996 |  | 42,540 |  | 2,711 |  | 75,559 |  | 125,806 |  |

| Charge for year | 1,041 |  | 22,127 |  | - |  | 39,249 |  | 62,417 |  |

| At 31 March 2026 | 6,037 |  | 64,667 |  | 2,711 |  | 114,808 |  | 188,223 |  |

| NET BOOK VALUE

| At 31 March 2026 | 4,363 |  | 88,033 |  | - |  | 82,988 |  | 175,384 |  |

| At 31 March 2025 | 5,404 |  | 76,417 |  | - |  | 77,291 |  | 159,112 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade debtors | 207,491 |  | 115,788 |  |

| Other debtors | 259,126 |  | 220,105 |  |

466,617 |  | 335,893 |  |

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Bank loans and overdrafts | 5,521 |  | 7,504 |  |

| Hire purchase contracts (see note 9) | 33,314 |  | 27,039 |  |

| Trade creditors | 96,047 |  | 49,050 |  |

| Taxation and social security | 46,419 |  | 42,372 |  |

| Other creditors | 77,223 |  | 84,377 |  |

258,524 |  | 210,342 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Bank loans | 18,985 |  | 24,641 |  |

| Hire purchase contracts (see note 9) | 22,972 |  | 30,479 |  |

41,957 |  | 55,120 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

| 31.3.26 |  | 31.3.25 |

£ | £ |

| Net obligations repayable:

| Within one year | 33,314 |  | 27,039 |  |

| Between one and five years | 22,972 |  | 30,479 |  |

56,286 |  | 57,518 |  |

| Non-cancellable |

| operating leases |

| 31.3.26 |  | 31.3.25

£ | £ |

| Within one year | 12,671 |  | 14,420 |  |

| Between one and five years | - |  | 7,316 |  |

12,671 |  | 21,736 |  |

| SPECIALIST BUILDING & ASBESTOS SERVICES |

| LIMITED (REGISTERED NUMBER: SC334851) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

| 31.3.26 |  | 31.3.25

£ | £ |

| C Stevenson and R C Stevenson

| Balance outstanding at start of year | 106 |  | (14 | ) |

| Amounts advanced | 14,745 |  | 5,131 |  |

| Amounts repaid | (14,835 | ) | (5,011 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 16 |  | 106 |  |

| Loans to/from directors are interest free and repayable upon demand.

11. | RELATED PARTY DISCLOSURES

| At 31 March 2026 there is an other debtor of £208,199 (2025 £208,224) due from SB & AS Holdings Ltd, the parent company.

12. | ULTIMATE CONTROLLING PARTY

| At 31 March 2026 the company was under the control of the parent company SB & AS Holdings Ltd, whose registered office is 2 Canyon Road, Netherton Industrial Estate, Wishaw ML2 0EG. SB & AS Holdings Ltd holds 100% of the company share capital.