DOCHERTY & CO. FINANCIAL SERVICES LIMITED


Director	J D Docherty


Company Secretary	A Docherty


Registered Address	21 Netherburn Avenue
	Houston
	Renfrewshire
	PA6 7NF


Registered Number	SC256987 (Scotland)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		500		1,500
Tangible assets	4		101,560		102,203
			102,060		103,703
Current assets
Debtors	5	233,540		185,932
Cash at bank and on hand		8,899		11,107
		242,439		197,039
Creditors amounts falling due within one year	6	(34,934)		(34,378)
Net current assets (liabilities)			207,505		162,661
Total assets less current liabilities			309,565		266,364
Provisions for liabilities			(390)		(551)
Net assets			309,175		265,813
Capital and reserves
Called up share capital			100		100
Profit and loss account			309,075		265,713
Shareholders' funds			309,175		265,813

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 Director acknowledges 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 Director on 14 September 2026, and are signed on its behalf by:

J D Docherty
Director
Registered Company No. SC256987

DOCHERTY & CO. FINANCIAL SERVICES LIMITED

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

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered office address is 21 Netherburn Avenue, Houston, Renfrewshire, PA6 7NF.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable. Turnover represents fees and commission attributable to the one principal activity of the company being that of financial services. Unbilled work is recognised as turnover in accordance with FRS102 and is included within debtors as amounts recoverable on contracts.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

	Tangible fixed assets and depreciation
	Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Freehold land and buildings - Nil Plant and equipment - 15% on reducing balance Fixtures and fittings - 15% on reducing balance Computer equipment - 33% on reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit and loss account.

Tangible fixed assets and depreciation

Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings                                           - Nil
Plant and equipment                                                      - 15% on reducing balance
Fixtures and fittings                                                        - 15% on reducing balance
Computer equipment                                                      - 33% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit and loss account.

	Trade and other debtors
	Amounts recoverable on contracts are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence that the asset is impaired.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately within current liabilities.

	Financial instruments
	The company only enters into basic financial instruments that result in the recognition of financial assets like trade debtors and creditors. These are measured at amortised cost and are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 October 24	20,000	20,000
At 30 September 25	20,000	20,000
Amortisation and impairment
At 01 October 24	18,500	18,500
Charge for year	1,000	1,000
At 30 September 25	19,500	19,500
Net book value
At 30 September 25	500	500
At 30 September 24	1,500	1,500

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 October 24	100,000	579	1,639	7,754	109,972
At 30 September 25	100,000	579	1,639	7,754	109,972
Depreciation and impairment
At 01 October 24	-	454	1,297	6,018	7,769
Charge for year	-	19	51	573	643
At 30 September 25	-	473	1,348	6,591	8,412
Net book value
At 30 September 25	100,000	106	291	1,163	101,560
At 30 September 24	100,000	125	342	1,736	102,203

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	233,540	185,932
Total	233,540	185,932

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	27,835	28,679
Other creditors	7,099	5,699
Total	34,934	34,378

7.	Directors advances, credits and guarantees
	As at 30 September 2025, the director owed the company £159,260 (2024 - £126,447).

8.	Share capital
	During the year the Ordinary Share Capital of 100 shares of £1 each was converted into Ordinary A and Ordinary B shares. The share capital as at 30 September 2025 is made up of 91 Ordinary A shares of £1 each and 9 Ordinary B shares of £1 each.