REGISTERED NUMBER: SC249720 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Kingfisher Building Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G L Grainger

SECRETARY:

Mrs A J Ballingall MBA

REGISTERED OFFICE:

150 Shuna Street

Glasgow

G20 9ES

REGISTERED NUMBER:

SC249720 (Scotland)

ACCOUNTANTS:

WR Accountants

Bank Chambers

31 The Square

Cumnock

Ayrshire

KA18 1AT

FIXED ASSETS

Intangible assets

4

108,410

5

Tangible assets

5

427,960

404,350

536,370

404,355

CURRENT ASSETS

Stocks

755,084

851,344

Debtors

6

484,155

385,199

Cash at bank and in hand

19,592

35,500

1,258,831

1,272,043

CREDITORS

Amounts falling due within one year

7

877,386

783,351

NET CURRENT ASSETS

381,445

488,692

TOTAL ASSETS LESS CURRENT LIABILITIES

917,815

893,047

CREDITORS

Amounts falling due after more than one year

8

(85,598

)

(72,709

)

PROVISIONS FOR LIABILITIES

-

(20,310

)

NET ASSETS

832,217

800,028

CAPITAL AND RESERVES

Called up share capital

266,667

266,667

Retained earnings

565,550

533,361

SHAREHOLDERS' FUNDS

832,217

800,028

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 August 2026 and were signed by:

G L Grainger - Director

1.	STATUTORY INFORMATION

Kingfisher Building Products 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Amortisation of intangible assets - Amortisation is not charged in the year of addition. Thereafter amortisation is provided at a rate of 33 1/3% per annum on cost to write off the cost of the intangible asset off over it's expected useful life.

Tangible fixed assets

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value of each asset evenly over its expected useful economic life as follows:

annual rate

Improvements to property

4%

Plant and machinery

10%

Motor vehicles

20%

Computer equipment

33 1/3%

Stocks

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

Financial instruments

Kingfisher Building Products Limited operate a recourse factoring arrangement against Invoices due.

Amounts advanced to Kingfisher Building Products Limited are included in Other Creditors until repaid.

Factor charges in respect of interest and administration fees are expensed to the Profit and Loss account as incurred.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 15 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2024

272,675

Additions

161,806

At 31 August 2025

434,481

AMORTISATION

At 1 September 2024

272,670

Charge for year

53,401

At 31 August 2025

326,071

NET BOOK VALUE

At 31 August 2025

108,410

At 31 August 2024

5

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

506,160

512,942

1,019,102

Additions

-

94,236

94,236

At 31 August 2025

506,160

607,178

1,113,338

DEPRECIATION

At 1 September 2024

292,524

322,228

614,752

Charge for year

25,754

44,872

70,626

At 31 August 2025

318,278

367,100

685,378

NET BOOK VALUE

At 31 August 2025

187,882

240,078

427,960

At 31 August 2024

213,636

190,714

404,350

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

463,271

366,302

Other debtors

20,884

18,897

484,155

385,199

Trade debtor amounts subject to factoring arrangements are as follows:

31.8.25

31.8.24

£

£

Amounts due to factors included in trade debtors

194,314

173,965

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

55,964

103,464

Hire purchase contracts

29,544

36,858

Trade creditors

507,273

388,833

Taxation and social security

61,284

54,244

Other creditors

223,321

199,952

877,386

783,351

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

12,234

11,498

Hire purchase contracts

73,364

61,211

85,598

72,709

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank loans

12,234

30,792

Factors advances

194,314

173,965

206,548

204,757

Bank loans are secured by bond and floating charge over the assets of the company.

Factors advances are secured over trade debtors.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Mr G Grainger

Directors loan

31.8.25

31.8.24

£

£

At 1 September 2024

11,035

16,014

The maximum amount due to Mr Grainger in the year under review was

14,165

16,014

At 31 August 2025

14,165

11,035

Rent charges

The company rents factory space from from Mr G Grainger. Rents charged in the year under review are as

follows:

31.8.25

31.8.24

£

£

Rental charges

103,900

103,900

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY

The controlling party is G L Grainger.