REGISTERED NUMBER: SC248438 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

J.V.B. Buchan Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J W Buchan Jnr

Mrs V A Buchan

REGISTERED OFFICE:

70 Fraser Crescent

Inverallochy

Fraserburgh

Aberdeenshire

AB43 8YG

REGISTERED NUMBER:

SC248438 (Scotland)

ACCOUNTANTS:

SBP

Accountants

27 Finlayson Street

Fraserburgh

Aberdeenshire

AB43 9JQ

FIXED ASSETS

Tangible assets

4

38,375

45,148

CURRENT ASSETS

Cash at bank

84,885

39,682

CREDITORS

Amounts falling due within one year

5

42,685

36,129

NET CURRENT ASSETS

42,200

3,553

TOTAL ASSETS LESS CURRENT LIABILITIES

80,575

48,701

CREDITORS

Amounts falling due after more than one year

6

29,687

32,980

NET ASSETS

50,888

15,721

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

50,878

15,711

SHAREHOLDERS' FUNDS

50,888

15,721

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

Mr J W Buchan Jnr - Director

1.	STATUTORY INFORMATION

J.V.B. Buchan 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 represents the amounts (excluding value added tax) derived from the provision of services to customers. Revenue is recognised at the point services are provide.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

15% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

55,243

DEPRECIATION

At 1 April 2025

10,095

Charge for year

6,773

At 31 March 2026

16,868

NET BOOK VALUE

At 31 March 2026

38,375

At 31 March 2025

45,148

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

55,243

DEPRECIATION

At 1 April 2025

10,095

Charge for year

6,773

At 31 March 2026

16,868

NET BOOK VALUE

At 31 March 2026

38,375

At 31 March 2025

45,148

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

3,293

3,293

Trade creditors

-

1,714

Taxation and social security

20,672

8,830

Other creditors

18,720

22,292

42,685

36,129

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

29,687

32,980

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by the Directors who between them own 100% of the issued share capital.