SUREWAY CONSTRUCTION CO. LIMITED - Accounts to registrar (filleted)

REGISTERED NUMBER: SC047045 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

SUREWAY CONSTRUCTION CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Buckley

F Doyle Jnr

REGISTERED OFFICE:

4 Kelbourne Crescent

Bellshill

ML4 7DY

REGISTERED NUMBER:

SC047045 (Scotland)

ACCOUNTANTS:

WDM Associates

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

BANKERS:

The Royal Bank of Scotland

253 Main Street

Bellshill

ML4 1AN

FIXED ASSETS

Investment property

4

507,220

CURRENT ASSETS

Debtors

5

-

25,000

Cash at bank

95,324

88,986

95,324

113,986

CREDITORS

Amounts falling due within one year

6

19,348

33,278

NET CURRENT ASSETS

75,976

80,708

TOTAL ASSETS LESS CURRENT
LIABILITIES

583,196

587,928

CAPITAL AND RESERVES

Called up share capital

1,000

Revaluation reserve

7

316,722

Retained earnings

265,474

270,206

SHAREHOLDERS' FUNDS

583,196

587,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2026 and were signed on its behalf by:

Mrs R Buckley - Director

1.	STATUTORY INFORMATION

SUREWAY CONSTRUCTION CO. 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.

Investment property

Properties are held for investment purposes and in accordance with Statement of Standard Accounting Practice No. 19:

(1) Properties are included in the accounts at open market valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

(2) No depreciation is provided in respect of the properties. This is a departure from the requirement to depreciate all fixed assets. The directors consider that this accounting policy is necessary for the accounts to give a true and fair view.

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

507,220

NET BOOK VALUE

At 31 October 2025

507,220

At 31 October 2024

507,220

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

-

25,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Tax

1,713

1,725

Directors' current accounts

16,315

30,233

Accrued expenses

1,320

19,348

33,278

7.

RESERVES

Revaluation

reserve

£

At 1 November 2024

and 31 October 2025

316,722