Solway Tile and D.I.Y. Centre Limited 31/12/2025 iXBRL

Company registration number: SC050426

Solway Tile and D.I.Y. Centre Limited

Trading as Solway Tile And D.I.Y. Centre Limited

Unaudited filleted financial statements

31 December 2025

Solway Tile and D.I.Y. Centre Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Solway Tile and D.I.Y. Centre Limited

Directors and other information


	Directors	Mr A.J. Buckle
		Mrs L. Buckle


	Secretary	Mrs L Buckle


	Company number	SC050426


	Registered office	238 Heathhall Industrial Estate
		Dumfries
		DG1 3PH


	Accountants	Messrs Carson & Trotter
		123 Irish Street
		Dumfries
		DG1 2PE

Solway Tile and D.I.Y. Centre Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Solway Tile and D.I.Y. Centre Limited

Year ended 31st December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Solway Tile and D.I.Y. Centre Limited for the year ended 31st December 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the board of directors of Solway Tile and D.I.Y. Centre Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Solway Tile and D.I.Y. Centre Limited and state those matters that we have agreed to state to the board of directors of Solway Tile and D.I.Y. Centre Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Solway Tile and D.I.Y. Centre Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Solway Tile and D.I.Y. Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Solway Tile and D.I.Y. Centre Limited. You consider that Solway Tile and D.I.Y. Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Solway Tile and D.I.Y. Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Messrs Carson & Trotter

Chartered Accountants

123 Irish Street

Dumfries

DG1 2PE

1st September 2026

Solway Tile and D.I.Y. Centre Limited

Statement of financial position

31st December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	46,490		39,098
		_______		_______
			46,490		39,098

Current assets
Stocks		406,975		378,609
Debtors	6	130,577		77,396
Cash at bank and in hand		1,093,462		1,038,357
		_______		_______
		1,631,014		1,494,362
Creditors: amounts falling due
within one year	7	( 140,533)		( 104,224)
		_______		_______
Net current assets			1,490,481		1,390,138
			_______		_______
Total assets less current liabilities			1,536,971		1,429,236


Provisions for liabilities			( 11,623)		( 9,774)

			_______		_______
Net assets			1,525,348		1,419,462
			_______		_______

Capital and reserves
Called up share capital	8		250		250
Profit and loss account			1,525,098		1,419,212
			_______		_______
Shareholders funds			1,525,348		1,419,462
			_______		_______

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 31 August 2026 , and are signed on behalf of the board by:

Mr A.J. Buckle

Director

Company registration number: SC050426

Solway Tile and D.I.Y. Centre Limited

Notes to the financial statements

Year ended 31st December 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 238 Heathhall Industrial Estate, Dumfries, DG1 3PH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	20 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance
Computers	-	33.3 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 5 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
At 1st January 2025	58,473	64,366	31,444	4,785	159,068
Additions	750	1,335	18,498	1,332	21,915
Disposals	-	-	( 8,395)	-	( 8,395)
	_______	_______	_______	_______	_______
At 31st December 2025	59,223	65,701	41,547	6,117	172,588
	_______	_______	_______	_______	_______
Depreciation
At 1st January 2025	46,303	49,117	20,227	4,323	119,970
Charge for the year	2,582	2,490	7,056	901	13,029
Disposals	-	-	( 6,901)	-	( 6,901)
	_______	_______	_______	_______	_______
At 31st December 2025	48,885	51,607	20,382	5,224	126,098
	_______	_______	_______	_______	_______
Carrying amount
At 31st December 2025	10,338	14,094	21,165	893	46,490
	_______	_______	_______	_______	_______
At 31st December 2024	12,170	15,249	11,217	462	39,098
	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	130,577	77,396
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	51,886	47,564
Corporation tax	31,465	12,116
Social security and other taxes	55,219	42,738
Other creditors	1,963	1,806
	_______	_______
	140,533	104,224
	_______	_______

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares shares of £ 1.00 each	250	250	250	250
	_______	_______	_______	_______

9. Controlling party

The company is under the control of Mr and Mrs Buckle, the directors of the company.