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Registration number: SC741905

Abosie Architects Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

Abosie Architects Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Abosie Architects Limited

Company Information

Director | Mr Blair Charles Milne

Registered office | 1 Camptown Cottage Jedburgh TD8 6PN

Accountants | Deans Accountants And Business Advisors Ltd 27 North Bridge Street Hawick Borders TD9 9BD

Abosie Architects Limited

(Registration number: SC741905)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 3,903 | 4,595
Current assets |  |  |
Debtors | 5 | 488 | 524
Cash at bank and in hand |  | 756 | 2,554
|  | 1,244 | 3,078
Creditors: Amounts falling due within one year | 6 | (22,999) | (27,571)
Net current liabilities |  | (21,755) | (24,493)
Net liabilities |  | (17,852) | (19,898)
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | (17,952) | (19,998)
Shareholders' deficit |  | (17,852) | (19,898)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 July 2026

......................................... Mr Blair Charles Milne Director

Abosie Architects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
1 Camptown Cottage
Jedburgh
TD8 6PN

These financial statements were authorised for issue by the director on 28 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The accounts are presented in £GBP and are rounded to the nearest £1.

Going concern

The company has net liabilities of £17,852 as at 31st August 2025. The company relies on the continued support of the directors to finance the day to day working requirements.
The directors consider it appropriate to prepare the Financial Statements on a going concern basis after consideration of all the information available about the foreseeable future (limited to one year from the date of approval of these financial statements) there is reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future.
If adoption of the going concern basis was inappropriate, adjustments could be required to write down assets to the assessment of their recoverable value, to reclassify fixed assets as current assets and to provide for any further liabilities that may arise.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Abosie Architects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Asset class | Depreciation method and rate
Fixtures and Fittings | 15% Straight line
Computer Equipment | 33% Reducing balance
Property Improvements | 10% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 September 2024 | 1,694 | 3,727 | 5,421
At 31 August 2025 | 1,694 | 3,727 | 5,421
Depreciation
At 1 September 2024 | 45 | 781 | 826
Charge for the year | 169 | 523 | 692
At 31 August 2025 | 214 | 1,304 | 1,518
Carrying amount
At 31 August 2025 | 1,480 | 2,423 | 3,903
At 31 August 2024 | 1,649 | 2,946 | 4,595

Included within the net book value of land and buildings above is £1,480 (2024 - £1,649) in respect of freehold land and buildings.

Abosie Architects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 488 | 524
| 488 | 524

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 236
Accruals and deferred income | 640 | 1,500
Other creditors | 22,359 | 25,835
| 22,999 | 27,571

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Share of £1 each | 100 | 100 | 100 | 100

8 | Related party transactions

Other transactions with the director

Mr Blair Milne (Director and Shareholder)
During the year the director loaned money to the company. At the year end the balance outstanding from the company was £22,359 (2024 - £25,835).