ACCOUNTS - Final Accounts preparation

Registered number: SC448916

BUILDSTORE MORTGAGE SERVICES LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

BUILDSTORE MORTGAGE SERVICES LIMITED

CONTENTS

	Page
Balance sheet	1
Notes to the financial statements	2 - 6

BUILDSTORE MORTGAGE SERVICES LIMITED

REGISTERED NUMBER: SC448916

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	290,565		250,571
Cash at bank and in hand		11,829		20,071
		302,394		270,642
Creditors: amounts falling due within one year	5	(196,813)		(165,933)
Net current assets			105,581		104,709
Total assets less current liabilities			105,581		104,709

Net assets			105,581		104,709

Capital and reserves
Called up share capital	1	1
Profit and loss account	105,580	104,708
	105,581	104,709

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 August 2026.

R T Connor

Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

BUILDSTORE MORTGAGE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Buildstore Mortgage Services Limited is a private company limited by shares incorporated in Scotland.
The registered office is 8 Houstoun Interchange Business Park, Livingston, West Lothian, EH54 5DW.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 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.
Monetary amounts in these financial statements are rounded to the nearest £.

Buildstore Mortgage Services Limited is a wholly owned undertaking of Buildstore Limited, a

company registered in England with their registered office being Nsb & Rc Lydiard Fields, Great

Western Way, Swindon, Wiltshire, SN5 8UB.

2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that
the company has adequate resources to continue in operational existence for the foreseeable future.
Thus the directors continue to adopt the going concern basis of accounting in preparing the financial
statements.

2.3

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 company's policy is to recognise a sale when the company obtains the right to
consideration.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 2

BUILDSTORE MORTGAGE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 3

BUILDSTORE MORTGAGE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Debtors with no stated interest rate or receivable within one year are recorded at transaction price.
Any losses arising from impairment are recognised in the income statement in other operating
expenses.

Creditors
Creditors with no stated interest rate and payable within one year are recorded at transaction price.

All interest bearing loans and borrowings which are basic financial instruments are initially
recognised at the present value of cash payable. After initial recognition they are measured at
amortised cost.

2.7

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction
costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer
at the discretion of the company.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's
services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably
committed to terminate the employment of an employee or to provide termination benefits.

2.10

Retirement benefits

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

Page 4

BUILDSTORE MORTGAGE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Employees

The average monthly number of employees, including directors, during the year was 20 (2024 - 24).

Debtors

					2025	2024
					£	£


Trade debtors	199,656	200,112
Amounts owed by group undertakings	2,240	-
Other debtors	88,669	50,459
	290,565	250,571

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	4,541	7,919
Amounts owed to group undertakings	59,701	22,032
Other taxation and social security	65,227	31,614
Other creditors	67,344	104,368
	196,813	165,933

6.	Share capital
		2025	2024
		£	£

Authorised, allotted, called up and fully paid

1 (2024 - 1) Ordinary shares of £1.00	1	1

7.	Financial commitments, guarantees and contingent liabilities

Bank of Scotland Plc holds a floating charge over the entire assets of the company.

8.	Related party transactions
	The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

Page 5

BUILDSTORE MORTGAGE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

The audit report was signed on 13 August 2026 by Alan Downie CA (Senior statutory auditor) on behalf of MHA.

Page 6