REGISTERED NUMBER: SC034469 (Scotland)

Financial Statements for the Year Ended 31 October 2025

for

Archibald Young Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Andrew Sutherland Young

Ian Robert Young OBE - Chairman

REGISTERED OFFICE:

Milton Road

Kirkintilloch

Glasgow

East Dumbartonshire

G66 1SY

REGISTERED NUMBER:

SC034469 (Scotland)

AUDITORS:

Bannerman Johnstone Maclay Chartered Accountants

and Statutory Auditor

213 St Vincent Street

Glasgow

G2 5QY

BANKERS:

Royal Bank of Scotland

116 Cowgate

Kirkintilloch

Glasgow

G66 1JX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

440,531

477,177

Investments

6

1

1

440,532

477,178

CURRENT ASSETS

Stocks

7

318,376

384,489

Debtors

8

574,070

492,506

Cash at bank

167,765

158,871

1,060,211

1,035,866

CREDITORS

Amounts falling due within one year

9

372,269

386,235

NET CURRENT ASSETS

687,942

649,631

TOTAL ASSETS LESS CURRENT LIABILITIES

1,128,474

1,126,809

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

1,127,474

1,125,809

SHAREHOLDERS' FUNDS

1,128,474

1,126,809

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 14 July 2026 and were signed on its behalf by:

Ian Robert Young OBE - Chairman - Director

1.	STATUTORY INFORMATION

Archibald Young 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.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with FRS

102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small

entities by section 1A of the standard).

Preparation of consolidated financial statements

The financial statements contain information about Archibald Young Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Freehold property

-

2% on cost

Plant and machinery

-

25% on cost and 10% on cost

Motor vehicles

-

25% on cost

Investments in subsidiaries

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated

impairment losses. Listed investments are measured at fair value. Unlisted investments are measured

at fair value unless the value cannot be measured reliably, in which case they are measured at cost

less any accumulated impairment losses. Changes in fair value are included in the profit and loss

account.

Stocks

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

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include certain debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including certain creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method

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.

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 24 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

125,020

AMORTISATION

At 1 November 2024

and 31 October 2025

125,020

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

581,175

476,691

39,103

1,096,969

DEPRECIATION

At 1 November 2024

177,903

408,290

33,599

619,792

Charge for year

11,624

19,518

5,504

36,646

At 31 October 2025

189,527

427,808

39,103

656,438

NET BOOK VALUE

At 31 October 2025

391,648

48,883

-

440,531

At 31 October 2024

403,272

68,401

5,504

477,177

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

and 31 October 2025

1

NET BOOK VALUE

At 31 October 2025

1

At 31 October 2024

1

7.

STOCKS

2025

2024

£

£

Stocks

318,376

384,489

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

512,301

454,080

Amounts owed by group undertakings

-

1,807

Other debtors

640

426

Deferred tax

5,750

18,490

Prepayments and accrued income

55,379

17,703

574,070

492,506

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

254,047

263,398

Amounts owed to group undertakings

22,580

-

Social security and other taxes

54,555

34,900

Other creditors

14,242

43,298

Accruals and deferred income

26,845

44,639

372,269

386,235

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

20,000

Ordinary

5p

1,000

1,000

8

Alphabet A-H

5p

-

-

1,000

1,000

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Douglas Paton BSc CA (Senior Statutory Auditor)

for and on behalf of Bannerman Johnstone Maclay Chartered Accountants