IRIS Accounts Production v26.1.10.61 SC090710 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC090710 2024-12-31 SC090710 2025-12-31 SC090710 2025-01-01 2025-12-31 SC090710 2023-12-31 SC090710 2024-01-01 2024-12-31 SC090710 2024-12-31 SC090710 ns15:Scotland 2025-01-01 2025-12-31 SC090710 ns14:PoundSterling 2025-01-01 2025-12-31 SC090710 ns10:Director1 2025-01-01 2025-12-31 SC090710 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC090710 ns10:SmallEntities 2025-01-01 2025-12-31 SC090710 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC090710 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 SC090710 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC090710 ns10:FullAccounts 2025-01-01 2025-12-31 SC090710 ns10:Director2 2025-01-01 2025-12-31 SC090710 ns10:RegisteredOffice 2025-01-01 2025-12-31 SC090710 ns5:CurrentFinancialInstruments 2025-12-31 SC090710 ns5:CurrentFinancialInstruments 2024-12-31 SC090710 ns5:Non-currentFinancialInstruments 2025-12-31 SC090710 ns5:Non-currentFinancialInstruments 2024-12-31 SC090710 ns5:ShareCapital 2025-12-31 SC090710 ns5:ShareCapital 2024-12-31 SC090710 ns5:RevaluationReserve 2025-12-31 SC090710 ns5:RevaluationReserve 2024-12-31 SC090710 ns5:CapitalRedemptionReserve 2025-12-31 SC090710 ns5:CapitalRedemptionReserve 2024-12-31 SC090710 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 SC090710 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC090710 ns5:LandBuildings 2024-12-31 SC090710 ns5:PlantMachinery 2024-12-31 SC090710 ns5:LandBuildings 2025-01-01 2025-12-31 SC090710 ns5:PlantMachinery 2025-01-01 2025-12-31 SC090710 ns5:LandBuildings 2025-12-31 SC090710 ns5:PlantMachinery 2025-12-31 SC090710 ns5:LandBuildings 2024-12-31 SC090710 ns5:PlantMachinery 2024-12-31 SC090710 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 SC090710 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-01-01 2025-12-31 SC090710 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-12-31 SC090710 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 SC090710 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 SC090710 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 SC090710 ns5:RevaluationReserve 2024-12-31

REGISTERED NUMBER: SC090710 (Scotland)

Financial Statements for the Year Ended 31 December 2025

for

R & J Simpson Limited

R & J Simpson Limited (Registered number: SC090710)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

R & J Simpson Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | N Stephen

| R Simpson

| REGISTERED OFFICE: | 37 Albyn Place

| Aberdeen

| Aberdeenshire

| AB10 1YN

| REGISTERED NUMBER: | SC090710 (Scotland)

| ACCOUNTANTS: | Tawse & Partners

| Chartered Accountants

| 18 North Silver Street

| Aberdeen

| AB10 1JU

R & J Simpson Limited (Registered number: SC090710)

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,330,210 |  | 1,225,293 |  |

CURRENT ASSETS

Stocks | 17,550 |  | 12,780 |  |

Debtors | 5 | 582,408 |  | 603,355 |  |

Cash at bank | 442,393 |  | 248,711 |  |

1,042,351 |  | 864,846 |  |

CREDITORS

Amounts falling due within one year | 6 | 479,177 |  | 331,804 |  |

NET CURRENT ASSETS | 563,174 |  | 533,042 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,893,384 |  | 1,758,335 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (151,531 | ) | (67,222 | ) |

PROVISIONS FOR LIABILITIES | (188,211 | ) | (153,587 | ) |

NET ASSETS | 1,553,642 |  | 1,537,526 |  |

CAPITAL AND RESERVES

Called up share capital | 17,500 |  | 17,500 |  |

Revaluation reserve | 8 | 369,964 |  | 369,964 |  |

Capital redemption reserve | 17,500 |  | 17,500 |  |

Retained earnings | 1,148,678 |  | 1,132,562 |  |

1,553,642 |  | 1,537,526 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

R & J Simpson Limited (Registered number: SC090710)

Balance Sheet - continued

31 December 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

R Simpson - Director

R & J Simpson Limited (Registered number: SC090710)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| R & J Simpson 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

| Accounting convention

| 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" (FRS102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

| The financial statements are prepared in sterling, which is the functional currency of the company.

| The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| Depreciation is recognised as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

| Freehold land and buildings 4% straight line

| Plant and equipment 10% reducing balance

| Fixtures and fittings 10% reducing balance/ 4 years straight line

| Motor vehicles 25% reducing balance

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less cost to complete and sell. Cost comprises of direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

| Taxation

| The tax expense represents the sum of the tax currently payable and deferred tax.

| Current tax

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

R & J Simpson Limited (Registered number: SC090710)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

| The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

| Foreign exchange

| Transactions in currencies other than in pounds sterling are recorded at rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

| Leases

| Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

| Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

| Retirement benefits

| Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 48 (2024 - 48 ) .

R & J Simpson Limited (Registered number: SC090710)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 380,000 |  | 2,058,847 |  | 2,438,847 |  |

| Additions | - |  | 452,948 |  | 452,948 |  |

| Disposals | - |  | (170,770 | ) | (170,770 | ) |

| At 31 December 2025 | 380,000 |  | 2,341,025 |  | 2,721,025 |  |

| DEPRECIATION

| At 1 January 2025 | 76,000 |  | 1,137,554 |  | 1,213,554 |  |

| Charge for year | 15,200 |  | 317,328 |  | 332,528 |  |

| Eliminated on disposal | - |  | (155,267 | ) | (155,267 | ) |

| At 31 December 2025 | 91,200 |  | 1,299,615 |  | 1,390,815 |  |

| NET BOOK VALUE

| At 31 December 2025 | 288,800 |  | 1,041,410 |  | 1,330,210 |  |

| At 31 December 2024 | 304,000 |  | 921,293 |  | 1,225,293 |  |

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

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025 | 136,475 |  |

| Additions | 395,970 |  |

| At 31 December 2025 | 532,445 |  |

| DEPRECIATION

| At 1 January 2025 | 8,530 |  |

| Charge for year | 124,524 |  |

| At 31 December 2025 | 133,054 |  |

| NET BOOK VALUE

| At 31 December 2025 | 399,391 |  |

| At 31 December 2024 | 127,945 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 345,523 |  | 354,853 |  |

| Amounts owed by group undertakings | 130,883 |  | 102,176 |  |

| Other debtors | 106,002 |  | 146,326 |  |

582,408 |  | 603,355 |  |

R & J Simpson Limited (Registered number: SC090710)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Hire purchase contracts | 123,271 |  | 36,667 |  |

| Trade creditors | 147,063 |  | 139,452 |  |

| Taxation and social security | 212,948 |  | 161,775 |  |

| Other creditors | (4,105 | ) | (6,090 | ) |

479,177 |  | 331,804 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Hire purchase contracts | 151,531 |  | 67,222 |  |

8. | RESERVES

| Revaluation

| reserve

£ |

| At 1 January 2025

| and 31 December 2025 | 369,964 |  |