STUART LIVINGSTONE JOINERY LIMITED

Company Registration Number:
SC334437 (Scotland)

Unaudited abridged accounts for the year ended 30 November 2025

Period of accounts

Start date: 01 December 2024

End date: 30 November 2025

STUART LIVINGSTONE JOINERY LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2025

Balance sheet
Notes

STUART LIVINGSTONE JOINERY LIMITED

Balance sheet

As at 30 November 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 38,208 42,795
Total fixed assets: 38,208 42,795
Current assets
Stocks: 473,569 179,235
Debtors:   16,330 32,631
Cash at bank and in hand: 10,345 317,136
Total current assets: 500,244 529,002
Creditors: amounts falling due within one year: 4 (165,925) (207,605)
Net current assets (liabilities): 334,319 321,397
Total assets less current liabilities: 372,527 364,192
Creditors: amounts falling due after more than one year: 5 0 (6,348)
Total net assets (liabilities): 372,527 357,844
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 371,527 356,844
Shareholders funds: 372,527 357,844

The notes form part of these financial statements

STUART LIVINGSTONE JOINERY LIMITED

Balance sheet statements

For the year ending 30 November 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 August 2026
and signed on behalf of the board by:

Name: Stuart Livingstone
Status: Director

The notes form part of these financial statements

STUART LIVINGSTONE JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: - the Company has transferred the significant risks and rewards of ownership to the buyer; - the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the transaction; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably; and - the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis Long-term leasehold property -10% Plant and machinery - 20% Motor vehicles - 25%

STUART LIVINGSTONE JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

2. Employees

2025 2024
Average number of employees during the period 6 7

STUART LIVINGSTONE JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Tangible Assets

Total
Cost £
At 01 December 2024 232,282
Additions 6,019
At 30 November 2025 238,301
Depreciation
At 01 December 2024 189,487
Charge for year 10,606
At 30 November 2025 200,093
Net book value
At 30 November 2025 38,208
At 30 November 2024 42,795

STUART LIVINGSTONE JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Creditors: amounts falling due within one year note

2025 2024 £ £ Bank overdrafts 9,055 4,313 Bank loans 6,129 10,098 Trade creditors 8,880 31,833 Corporation tax 5,196 2,361 Other taxation and social security 11,770 7,391 Other creditors 123,640 150,369 Accruals and deferred income 1,255 1,240 165,925 207,605

STUART LIVINGSTONE JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2025

5. Creditors: amounts falling due after more than one year note

2025 2024 £ £ Bank loans - 6,348