REGISTERED NUMBER: SC586777 (Scotland)

Financial Statements

For The Year Ended 30 April 2026

for

Building Finishing Services UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Greenshields

REGISTERED OFFICE:

91 Alexander Street

Airdrie

North Lanarkshire

ML6 0BD

REGISTERED NUMBER:

SC586777 (Scotland)

ACCOUNTANTS:

Cahill Jack Associates Limited

91 Alexander Street

Airdrie

North Lanarkshire

ML6 0BD

FIXED ASSETS

Tangible assets

4

755,834

287,355

CURRENT ASSETS

Stocks

362,709

405,154

Debtors

5

1,183,643

646,334

Cash at bank

452,744

614,884

1,999,096

1,666,372

CREDITORS

Amounts falling due within one year

6

1,051,931

874,911

NET CURRENT ASSETS

947,165

791,461

TOTAL ASSETS LESS CURRENT LIABILITIES

1,702,999

1,078,816

CREDITORS

Amounts falling due after more than one year

7

(478,983

)

(140,123

)

PROVISIONS FOR LIABILITIES

(157,355

)

(71,839

)

NET ASSETS

1,066,661

866,854

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,066,561

866,754

1,066,661

866,854

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 30 July 2026 and were signed by:

C Greenshields - Director

1.	STATUTORY INFORMATION

Building Finishing Services UK Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 82 (2025 - 66 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

-

3,655

409,396

12,019

425,070

Additions

11,150

3,676

575,394

6,127

596,347

At 30 April 2026

11,150

7,331

984,790

18,146

1,021,417

DEPRECIATION

At 1 May 2025

-

1,834

130,508

5,373

137,715

Charge for year

2,788

1,374

120,512

3,194

127,868

At 30 April 2026

2,788

3,208

251,020

8,567

265,583

NET BOOK VALUE

At 30 April 2026

8,362

4,123

733,770

9,579

755,834

At 30 April 2025

-

1,821

278,888

6,646

287,355

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 May 2025

310,738

Additions

575,394

At 30 April 2026

886,132

DEPRECIATION

At 1 May 2025

114,683

Charge for year

102,212

At 30 April 2026

216,895

NET BOOK VALUE

At 30 April 2026

669,237

At 30 April 2025

196,055

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,037,944

574,926

Other debtors

145,699

71,408

1,183,643

646,334

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

833

10,000

Hire purchase contracts

196,918

73,301

Trade creditors

282,807

405,267

Taxation and social security

478,436

378,761

Other creditors

92,937

7,582

1,051,931

874,911

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

833

Hire purchase contracts

478,983

139,290

478,983

140,123

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

833

10,833

Hire purchase contracts

675,901

212,591

676,734

223,424

The Bounce back loan is supported by a 100% guarantee from the UK Government.

Hire purchase creditors are secured on the assets concerned.