WEDDERHILL LIMITED - Filleted accounts

Registered number

SC183308

WEDDERHILL LIMITED

Filleted Unaudited Accounts

31 March 2026

WEDDERHILL LIMITED
Registered number:		SC183308
Balance Sheet
As at 31 March 2026


	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		40,959		58,393

Current assets
Stock		4,004		3,810
Debtors	4	87,461		92,895
Cash at bank and in hand		67,531		71,789
		158,996		168,494

Creditors: amounts falling due within one year	5	(46,057)		(59,190)

Net current assets			112,939		109,304

Total assets less current liabilities			153,898		167,697


Provisions for liabilities			(7,782)		(11,095)

Net assets			146,116		156,602

Capital and reserves
Called up share capital			140,000		140,000
Profit and loss account			6,116		16,602

Shareholders' funds			146,116		156,602


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.


Mr B S J Thomson
Director
Approved by the board on 5 August 2026

WEDDERHILL LIMITED
Notes to the Accounts
For the year ended 31 March 2026


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:
	Plant and machinery		over 5 years straight line
	Motor vehicles		over 5 years straight line

	Stock
	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.
	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.
	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026	2025
				Number	Number

	Average number of persons employed by the company			8	8



3	Tangible fixed assets		Plant and machinery	Motor vehicles	Total
			£	£	£
	Cost
	At 1 April 2025		8,346	102,396	110,742
	Additions		1,216	-	1,216
	Disposals		-	(17,058)	(17,058)
	At 31 March 2026		9,562	85,338	94,900

	Depreciation
	At 1 April 2025		5,422	46,927	52,349
	Charge for the year		1,582	17,068	18,650
	On disposals		-	(17,058)	(17,058)
	At 31 March 2026		7,004	46,937	53,941

	Net book value
	At 31 March 2026		2,558	38,401	40,959
	At 31 March 2025		2,924	55,469	58,393


4	Debtors			2026	2025
				£	£

	Trade debtors			74,746	79,055
	Other debtors			12,715	13,840
				87,461	92,895


5	Creditors: amounts falling due within one year			2026	2025
				£	£

	Obligations under finance lease and hire purchase contracts			-	2,000
	Trade creditors			16,142	19,181
	Taxation and social security costs			19,588	21,620
	Other creditors			10,327	16,389
				46,057	59,190



6	Other financial commitments			2026	2025
£					£

	Total future minimum payments under non-cancellable operating leases			43,471	25,725


7	Loans (from)/to directors
	Description and conditions	B/fwd	Paid	Repaid	C/fwd
		£	£	£	£
	Mr B S J Thomson
	Unsecure interest free loan with no set repayment date	(3,750)	-	3,750	-

	Mrs J B Thomson
	Unsecure interest free loan with no set repayment date	(3,750)	-	3,750	-

		(7,500)	-	7,500	-


8	Controlling party

	During the current and previous year the company was controlled by the directors Mr B S J and Mrs J B Thomson.


9	Other information

	WEDDERHILL LIMITED is a private company limited by shares and incorporated in Scotland. Its registered office is:

	Wedderhill
	34 Robert Street
	Stonehaven
	Aberdeenshire
	AB39 2DJ

	Trading address is:
	Unit 13 Spurryhillock Industrial Estate
	Broomhill Road
	Stonehaven
	Kincardineshire
	AN39 2NH