PWB Developments Ltd - Filleted accounts

Registered number

SC741637

PWB Developments Ltd

Filleted Accounts

31 October 2025

PWB Developments Ltd
Registered number:		SC741637
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		685,598			414,074

Current assets
Stocks		12,429			2,300
Debtors	4	364,227			639,893
Cash at bank and in hand		993,798			356,699
		1,370,454			998,892

Creditors: amounts falling due within one year	5	(411,199)			(496,675)

Net current assets			959,255			502,217

Total assets less current liabilities			1,644,853			916,291

Creditors: amounts falling due after more than one year	6		(127,249)			(15,501)



Net assets			1,517,604			900,790

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,517,603			900,789

Shareholder's funds			1,517,604			900,790

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Paul McLean
Director
Approved by the board on 31 July 2026

PWB Developments Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	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).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles	25% SLM
	Office Equipment	25% SLM

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2

3	Tangible fixed assets
		Office equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	6,584		453,940		460,524
	Additions	4,500		444,195		448,695
	Disposals	-		(7,698)		(7,698)
	At 31 October 2025	11,084		890,437		901,521

	Depreciation
	At 1 November 2024	563		45,887		46,450
	Charge for the year	2,209		170,472		172,681
	On disposals	-		(3,208)		(3,208)
	At 31 October 2025	2,772		213,151		215,923

	Net book value
	At 31 October 2025	8,312		677,286		685,598
	At 31 October 2024	6,021		408,053		414,074

4	Debtors			2025		2024
£					£

	Trade debtors			245,361		491,059
	VAT			25,888		60,160
	Other debtors			92,978		88,674
				364,227		639,893

5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			-		51,039
	Hire purchase loan			13,384		6,000
	Trade creditors			93,233		190,302
	Corporation tax			294,911		244,799
	Taxation and social security costs			-		771
	CIS liability			-		3,764
				411,199		496,675

6	Creditors: amounts falling due after one year			2025		2024
£					£

	Hire purchase loan			127,249		15,501


7	Other information

	PWB Developments Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:

	Office 6 Merryfield Business Centre
	Macmerry
	Scotland
	EH33 1ET