REGISTERED NUMBER: SC218053 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Brannock Decorators LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J F Burns

W Parker

SECRETARY:

Mrs M Downie

REGISTERED OFFICE:

24 Main Street

Cleland

Motherwell

Lanarkshire

ML1 5QN

REGISTERED NUMBER:

SC218053 (Scotland)

ACCOUNTANTS:

Gordon Ferguson & Co Ltd

76 Hamilton Road

Motherwell

Lanarkshire

ML1 3BY

FIXED ASSETS

Tangible assets

4

270,655

266,270

CURRENT ASSETS

Debtors

5

130,046

141,332

Cash at bank and in hand

489,463

409,840

619,509

551,172

CREDITORS

Amounts falling due within one year

6

375,690

398,137

NET CURRENT ASSETS

243,819

153,035

TOTAL ASSETS LESS CURRENT LIABILITIES

514,474

419,305

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

514,374

419,205

SHAREHOLDERS' FUNDS

514,474

419,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

J F Burns - Director

1.	STATUTORY INFORMATION

Brannock Decorators LTD. 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.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 28 (2025 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

800

15,537

480,630

23,006

519,973

Additions

-

-

103,565

2,451

106,016

Disposals

-

-

(61,238

)

-

(61,238

)

At 31 March 2026

800

15,537

522,957

25,457

564,751

DEPRECIATION

At 1 April 2025

752

14,403

221,502

17,046

253,703

Charge for year

12

283

71,030

1,541

72,866

Eliminated on disposal

-

-

(32,473

)

-

(32,473

)

At 31 March 2026

764

14,686

260,059

18,587

294,096

NET BOOK VALUE

At 31 March 2026

36

851

262,898

6,870

270,655

At 31 March 2025

48

1,134

259,128

5,960

266,270

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

121,046

110,131

Other debtors

(1,608

)

(880

)

VAT

7,275

28,748

Prepayments and accrued income

3,333

3,333

130,046

141,332

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

31,099

Other loans

-

6,250

Trade creditors

60,672

46,580

Tax

81,463

59,436

Social security and other taxes

27,661

17,713

Other creditors

4,059

3,741

Net wage control account

11,426

10,197

Pension fund

3,352

2,446

Directors' current accounts

32,270

66,846

Accrued expenses

154,787

153,829

375,690

398,137