REGISTERED NUMBER: SC245860 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

R.G. CONTRACTING LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

R C W Gaw

SECRETARY:

Mrs L H Gaw

REGISTERED OFFICE:

Low Drumskeog

Port William

Newton Stewart

Wigtownshire

DG8 9LS

REGISTERED NUMBER:

SC245860 (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 director 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 Director 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 R.G. Contracting Limited for the year ended 31 March 2026 which comprise the Profit & 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 director of R.G. Contracting Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R.G. Contracting Limited and state those matters that we have agreed to state to the director of R.G. Contracting Limited 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 R.G. Contracting Limited and its director for our work or for this report.

It is your duty to ensure that R.G. Contracting 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 R.G. Contracting Limited. You consider that R.G. Contracting 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 R.G. Contracting 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

7 July 2026

FIXED ASSETS

Intangible assets

4

-

2,120

Tangible assets

5

3,639,646

3,007,115

3,639,646

3,009,235

CURRENT ASSETS

Stocks

7,790

-

Debtors

6

447,100

358,069

Cash at bank

96,480

53,612

551,370

411,681

CREDITORS

Amounts falling due within one year

7

1,242,732

1,126,274

NET CURRENT LIABILITIES

(691,362

)

(714,593

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,948,284

2,294,642

CREDITORS

Amounts falling due after more than one year

8

(767,108

)

(486,558

)

PROVISIONS FOR LIABILITIES

(753,869

)

(607,066

)

NET ASSETS

1,427,307

1,201,018

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,427,107

1,200,818

SHAREHOLDERS' FUNDS

1,427,307

1,201,018

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 director acknowledges his 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 & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 July 2026 and were signed by:

R C W Gaw - Director

1.	STATUTORY INFORMATION

R.G. Contracting 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, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance and Straight line over 6 years

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 4 years

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 & 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 20 (2025 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

30,275

AMORTISATION

At 1 April 2025

28,155

Charge for year

2,120

At 31 March 2026

30,275

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

2,120

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Shed

machinery

fittings

£

£

£

COST

At 1 April 2025

120,000

6,355,211

1,950

Additions

-

1,658,407

-

Disposals

-

(845,221

)

-

At 31 March 2026

120,000

7,168,397

1,950

DEPRECIATION

At 1 April 2025

24,000

3,461,141

1,950

Charge for year

12,000

845,067

-

Eliminated on disposal

-

(678,404

)

-

At 31 March 2026

36,000

3,627,804

1,950

NET BOOK VALUE

At 31 March 2026

84,000

3,540,593

-

At 31 March 2025

96,000

2,894,070

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

106,604

1,666

6,585,431

Additions

1,800

945

1,661,152

Disposals

-

-

(845,221

)

At 31 March 2026

108,404

2,611

7,401,362

DEPRECIATION

At 1 April 2025

91,122

103

3,578,316

Charge for year

4,283

454

861,804

Eliminated on disposal

-

-

(678,404

)

At 31 March 2026

95,405

557

3,761,716

NET BOOK VALUE

At 31 March 2026

12,999

2,054

3,639,646

At 31 March 2025

15,482

1,563

3,007,115

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2025

3,638,588

Additions

1,641,500

Transfer to ownership

(1,206,070

)

At 31 March 2026

4,074,018

DEPRECIATION

At 1 April 2025

1,256,313

Charge for year

543,903

Transfer to ownership

(689,356

)

At 31 March 2026

1,110,860

NET BOOK VALUE

At 31 March 2026

2,963,158

At 31 March 2025

2,382,275

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

374,111

358,069

Other debtors

72,989

-

447,100

358,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

318,643

298,120

Hire purchase contracts

756,003

634,359

Payments on account

-

4,852

Trade creditors

49,315

78,731

Taxation and social security

13,556

45,299

Other creditors

105,215

64,913

1,242,732

1,126,274

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Hire purchase contracts

767,108

486,558

31/3/26

31/3/25

£

£

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

767,108

486,558