Fibreplan Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC652256

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Fixed Assets	4		118,726		471,025

			118,726		471,025
CURRENT ASSETS
Debtors	5	1,609,160		1,504,461
Cash at bank and in hand		791,511		1,195,574

		2,400,671		2,700,035
Creditors: Amounts Falling Due Within One Year	6	(302,746 )		(632,917 )

NET CURRENT ASSETS (LIABILITIES)			2,097,925		2,067,118

TOTAL ASSETS LESS CURRENT LIABILITIES			2,216,651		2,538,143

PROVISIONS FOR LIABILITIES
Deferred Taxation			(29,682 )		(94,106 )

NET ASSETS			2,186,969		2,444,037

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			2,186,967		2,444,035

SHAREHOLDERS' FUNDS			2,186,969		2,444,037

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Fibreplan Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J C Gallagher

Director

17 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Fibreplan Limited is a private company, limited by shares, registered in Scotland, company registration number SC652256 . The registered office is 14 The Paddock, Hamilton, South Lanarkshire, ML3 0RB.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

Judgements

The directors have considered the judgements made in applying the company’s accounting policies that could have the most significant effect on the amounts recognised in the financial statements.

The principal judgement during the year related to the accounting treatment of asset transfers and intercompany balances arising as part of the group reorganisation. The directors considered the available supporting documentation and the agreed reorganisation arrangements in determining the appropriate accounting treatment.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

2.4. Turnover

Turnover comprises the invoiced cost of goods and services provided during the year, excluding value added tax. The company's policy is to recognise revenue when substantively all the risks and rewards in connection with the goods and services have been passed to the customer.

2.5. Tangible Fixed Assets and Depreciation

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

Plant and machinery etc

20% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Impairment of tangible fixed assets

At each reporting date non-financial assets not carried at fair value, like plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of value in use and fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

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Fibreplan Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and investments in non-puttable ordinary shares.

Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

2.7. Taxation

Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a nondiscounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

With the exception of changes arising on the initial recognition of a business combination, the tax expense ispresented either in profit or loss, other comprehensive income or statement of changes in equity depending on the transaction that resulted in the tax expense.

Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate to.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2025: 3)

4. Tangible Fixed Assets

	Plant & Machinery etc.
	£
Cost
As at 1 February 2025	757,571
Additions	1
Disposals	(407,564 )

As at 31 January 2026	350,008

Depreciation
As at 1 February 2025	286,546
Provided during the period	72,702
Disposals	(127,966 )

As at 31 January 2026	231,282

Net Book Value
As at 31 January 2026	118,726

As at 1 February 2025	471,025

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Fibreplan Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	104,732	475,371
Amounts owed by group undertakings	1,500,000	-
Other debtors	4,428	1,029,090

	1,609,160	1,504,461

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	-	479
Other creditors	13,270	80,895
Taxation and social security	289,476	551,543

	302,746	632,917

7. Capital contribution on reorganisation

On 30 June 2025, the company ceased to be controlled by Beauly Developments Limited as part of a group reorganisation. The net settlement of balances with the former parent company, amounting to £420,222 was recognised directly in equity. No amount was recognised in profit or loss in respect of this settlement.

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