REGISTERED NUMBER: SC029829 (Scotland)

Report of the Director and

Financial Statements For The Year Ended 28 February 2026

for

Deacon Brothers (Printers) Limited

Page

Company Information

1

Report of the Director

2

Abridged Statement of Comprehensive Income

3

Abridged Statement of Financial Position

4

Statement of Changes in Equity

6

Notes to the Financial Statements

7

DIRECTOR:

T P McCotter

REGISTERED OFFICE:

Old Mill Park

Kirkintilloch

Glasgow

G66 1SW

REGISTERED NUMBER:

SC029829 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

The director presents his report with the financial statements of the company for the year ended 28 February 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of manufacturing of printers and stationery.

DIRECTOR

T P McCotter held office during the whole of the period from 1 March 2025 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

T P McCotter - Director

13 August 2026

GROSS PROFIT

198,478

176,367

Administrative expenses

189,411

196,628

OPERATING PROFIT/(LOSS)

9,067

(20,261

)

Interest receivable and similar income

118

586

9,185

(19,675

)

Interest payable and similar expenses

444

701

PROFIT/(LOSS) BEFORE TAXATION

8,741

(20,376

)

Tax on profit/(loss)

1,660

(1,303

)

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

7,081

(19,073

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THE YEAR

7,081

(19,073

)

FIXED ASSETS

Tangible assets

4

18,556

23,731

CURRENT ASSETS

Stocks

38,227

47,358

Debtors

287,921

243,084

Cash at bank and in hand

682

19,305

326,830

309,747

CREDITORS

Amounts falling due within one year

90,880

74,931

NET CURRENT ASSETS

235,950

234,816

TOTAL ASSETS LESS CURRENT LIABILITIES

254,506

258,547

CREDITORS

Amounts falling due after more than one year

(444

)

(10,649

)

PROVISIONS FOR LIABILITIES

(2,476

)

(3,393

)

NET ASSETS

251,586

244,505

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Capital redemption reserve

400

400

Retained earnings

246,186

239,105

SHAREHOLDERS' FUNDS

251,586

244,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements were approved by the director and authorised for issue on 13 August 2026 and were signed by:

T P McCotter - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 March 2024

5,000

258,178

400

263,578

Changes in equity

Total comprehensive loss

-

(19,073

)

-

(19,073

)

Balance at 28 February 2025

5,000

239,105

400

244,505

Changes in equity

Total comprehensive income

-

7,081

-

7,081

Balance at 28 February 2026

5,000

246,186

400

251,586

1.	STATUTORY INFORMATION

Deacon Brothers (Printers) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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 11 (2025 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

and 28 February 2026

215,052

DEPRECIATION

At 1 March 2025

191,321

Charge for year

5,175

At 28 February 2026

196,496

NET BOOK VALUE

At 28 February 2026

18,556

At 28 February 2025

23,731

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

26,700

26,700

Between one and five years

86,700

93,401

In more than five years

10,000

30,000

123,400

150,101

6.	RELATED PARTY DISCLOSURES

Included within other debtors at 28 February 2026, is an amount of £1,188 (2025 - £1,188) owed to the company by GCT Office Supplies Ltd., a company under common control.

Also included within other debtors at 28 February 2026, is an amount of £202,291 (2025 - £169,531) owed to the company by Deacon Brothers (Holdings) Limited, a company under common control.

The above amounts are unsecured, interest free and repayable upon demand.