THOMAS MUIR (ROSYTH) LTD


Directors	Catherine Muir
	George C Muir
	George A Muir
	Thomas Muir
	Thomas D Muir


Registered Address
	Cromarty Campus
	Rosyth
	KY11 2YB


Registered Number	SC379767 (Scotland)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		721,260		786,288
			721,260		786,288
Current assets
Stocks		745,674		250,833
Debtors	4	911,357		992,654
Cash at bank and on hand		203,377		864,028
		1,860,408		2,107,515
Creditors amounts falling due within one year	5	(1,172,524)		(1,456,009)
Net current assets (liabilities)			687,884		651,506
Total assets less current liabilities			1,409,144		1,437,794
Creditors amounts falling due after one year	6		(834)		(10,833)
Provisions for liabilities			(138,151)		(186,722)
Net assets			1,270,159		1,240,239
Capital and reserves
Called up share capital			500,003		500,003
Profit and loss account			770,156		740,236
Shareholders' funds			1,270,159		1,240,239

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 August 2026, and are signed on its behalf by:

Thomas Muir
Director
Registered Company No. SC379767

THOMAS MUIR (ROSYTH) LTD

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover represents amounts receivable during the period excluding value added tax.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Foreign currency translation
	Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange as set by directors at the balance sheet date. Transactions in foreign currencies are translated into sterling at the directors set rate of exchange at the date of the transaction. Exchange differences are taken into account in arriving at the operating result.

	Current 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.

Current 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.

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Long Leasehold - straight line over period of lease Plant & Machinery - 33% on cost, 15% on reducing balance & 10% on reducing balance Motor Vehicles - 25% on reducing balance Office Equipment - 25% on reducing balance

	Stocks and work in progress
	Stock and work in progress are valued at the lower of cost and net realisable value.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		8

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 December 24	136,661	1,877,200	326,037	713	2,340,611
Additions	-	22,998	36,219	-	59,217
Disposals	-	(41,209)	-	-	(41,209)
At 30 November 25	136,661	1,858,989	362,256	713	2,358,619
Depreciation and impairment
At 01 December 24	97,256	1,256,993	200,014	60	1,554,323
Charge for year	6,833	80,055	32,413	163	119,464
On disposals	-	(36,428)	-	-	(36,428)
At 30 November 25	104,089	1,300,620	232,427	223	1,637,359
Net book value
At 30 November 25	32,572	558,369	129,829	490	721,260
At 30 November 24	39,405	620,207	126,023	653	786,288

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,427	57,211
Amounts owed by group undertakings	732,868	737,148
Other debtors	129,404	142,436
Prepayments and accrued income	46,658	55,859
Total	911,357	992,654

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	910,280	1,071,828
Bank borrowings and overdrafts	10,000	10,000
Taxation and social security	52,600	39,377
Other creditors	196	660
Accrued liabilities and deferred income	199,448	334,144
Total	1,172,524	1,456,009

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	834	10,833
Total	834	10,833

7.	Secured creditors
	The Royal Bank of Scotland hold a Bond & Floating charge dated 1 February 2012 over all of the property & assets of the company.