Aberbuild Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

Report to the director on the preparation of the unaudited statutory accounts of Aberbuild Limited for the year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aberbuild Limited which comprise the Profit and Loss Account, the 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Aberbuild Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Aberbuild Limited and state those matters that we have agreed to state to the director of Aberbuild Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aberbuild Limited and its director as a body for our work or for this report.

It is your duty to ensure that Aberbuild Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Aberbuild Limited . You consider that Aberbuild 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 accounts of Aberbuild 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 financial statements.

20 July 2026

Nuvo Scotland Limited

Office 2&3

Thainstone Business Centre

Thainstone

Inverurie

AB51 5TB

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Aberbuild Limited

Balance Sheet

As At 31 October 2025

Balance Sheet

Registered number: SC289955

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		59,829		21,823

			59,829		21,823
CURRENT ASSETS
Stocks	5	2,420		2,186
Debtors	6	74,692		90,609
Cash at bank and in hand		22,968		8,497

		100,080		101,292
Creditors: Amounts Falling Due Within One Year	7	(74,159 )		(93,521 )

NET CURRENT ASSETS (LIABILITIES)			25,921		7,771

TOTAL ASSETS LESS CURRENT LIABILITIES			85,750		29,594

Creditors: Amounts Falling Due After More Than One Year	8		(39,299 )		(23,939 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,957 )		(5,456 )

NET ASSETS			31,494		199

CAPITAL AND RESERVES
Called up share capital			10		10
Profit and Loss Account			31,484		189

SHAREHOLDERS' FUNDS			31,494		199

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Aberbuild Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 20 July 2026 and were signed on its behalf by:

Mr G Smith

Director

The notes on pages 4 to 8 form part of these financial statements.

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Aberbuild Limited

Notes to the Financial Statements

For The Year Ended 31 October 2025

Notes to the Financial Statements

1. General Information

Aberbuild Limited is a private company, limited by shares, incorporated in Scotland, registered number SC289955 . The registered office is 10 Fare Park Gardens, Westhill, Aberdeenshire, AB32 6WL.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Aberbuild Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.6. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

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Aberbuild Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 November 2024	60,646	13,830	74,476
Additions	48,850	-	48,850
Disposals	(17,496 )	-	(17,496 )

As at 31 October 2025	92,000	13,830	105,830

Depreciation
As at 1 November 2024	40,699	11,954	52,653
Provided during the period	7,910	469	8,379
Disposals	(15,031 )	-	(15,031 )

As at 31 October 2025	33,578	12,423	46,001

Net Book Value
As at 31 October 2025	58,422	1,407	59,829

As at 1 November 2024	19,947	1,876	21,823

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	58,422	16,833

5. Stocks

	2025	2024
	£	£
Stock	2,420	2,186

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	57,894	76,504
Other debtors	2,322	2,463
VAT	14,476	-
Director's loan account	-	11,642

	74,692	90,609

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Aberbuild Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	26,235	4,001
Trade creditors	25,331	46,128
Bank loans and overdrafts	5,834	10,002
Corporation tax	16,311	14,451
Other taxes and social security	17	9,788
VAT	-	5,241
Net wages	-	180
Other creditors	-	2,948
Pension creditor	350	782
Director's loan account	81	-

	74,159	93,521

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	39,299	18,108
Bank loans	-	5,831

	39,299	23,939

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	26,235	4,001
Later than one year and not later than five years	39,299	18,108

	65,534	22,109

	65,534	22,109

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 November 2024	5,456	5,456
Deferred taxation	9,501	9,501

Balance at 31 October 2025	14,957	14,957

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Aberbuild Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

11. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr Garry Smith	11,642	792	(12,515 )	-	(81 )

The above loan is interest free and has no fixed repayment terms.

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