REGISTERED NUMBER: SC309444 (Scotland)

Financial Statements for the Year Ended 31 October 2025

for

F Sutherland Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr F Sutherland

REGISTERED OFFICE:

2 Corsar Croft

Arbroath

DD11 4JG

REGISTERED NUMBER:

SC309444 (Scotland)

ACCOUNTANTS:

J M Taylor

5 Rubislaw Terrace

ABERDEEN

AB10 1XE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

188,969

205,115

188,969

205,115

CURRENT ASSETS

Stocks

6

75,000

58,778

Debtors

7

139,753

144,943

Cash at bank

94,051

185,482

308,804

389,203

CREDITORS

Amounts falling due within one year

8

151,581

233,518

NET CURRENT ASSETS

157,223

155,685

TOTAL ASSETS LESS CURRENT LIABILITIES

346,192

360,800

CREDITORS

Amounts falling due after more than one year

9

(21,632

)

(37,383

)

PROVISIONS FOR LIABILITIES

(47,242

)

(51,301

)

NET ASSETS

277,318

272,116

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

277,218

272,016

SHAREHOLDERS' FUNDS

277,318

272,116

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2026 and were signed by:

Mr F Sutherland - Director

1.	STATUTORY INFORMATION

F Sutherland 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 2006, is being amortised evenly over its estimated useful life of five 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.

Franchise Fee are being amortised evenly over their estimated useful life of five years.

Franchise fee

The company paid £10,000 in respect of a franchise fee and this is to be written off over a period of 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

Goodwill

Fee

Totals

£

£

£

COST

At 1 November 2024

21,835

10,000

31,835

Disposals

(21,835

)

(10,000

)

(31,835

)

At 31 October 2025

-

-

-

AMORTISATION

At 1 November 2024

21,835

10,000

31,835

Eliminated on disposal

(21,835

)

(10,000

)

(31,835

)

At 31 October 2025

-

-

-

NET BOOK VALUE

At 31 October 2025

-

-

-

At 31 October 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 November 2024

1,000

248,380

2,090

Additions

-

43,074

-

Disposals

-

(34,284

)

-

At 31 October 2025

1,000

257,170

2,090

DEPRECIATION

At 1 November 2024

1,000

75,129

1,703

Charge for year

-

38,634

78

Eliminated on disposal

-

(20,071

)

-

At 31 October 2025

1,000

93,692

1,781

NET BOOK VALUE

At 31 October 2025

-

163,478

309

At 31 October 2024

-

173,251

387

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

135,815

1,259

388,544

Additions

-

-

43,074

Disposals

-

-

(34,284

)

At 31 October 2025

135,815

1,259

397,334

DEPRECIATION

At 1 November 2024

104,338

1,259

183,429

Charge for year

6,295

-

45,007

Eliminated on disposal

-

-

(20,071

)

At 31 October 2025

110,633

1,259

208,365

NET BOOK VALUE

At 31 October 2025

25,182

-

188,969

At 31 October 2024

31,477

-

205,115

6.

STOCKS

31.10.25

31.10.24

£

£

Stocks

75,000

58,778

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

139,753

144,943

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

7,910

10,054

Hire purchase contracts

20,866

20,610

Trade creditors

51,725

84,181

Tax

24,608

9,512

Social security and other taxes

1,077

1,078

VAT

17,033

18,989

Other creditors

292

292

Credit card

912

772

Directors loan account

24,158

85,030

Accruals

3,000

3,000

151,581

233,518

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans - 1-2 years

-

8,166

Hire purchase contracts

21,632

29,217

21,632

37,383

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr F Sutherland.