REGISTERED NUMBER: SC582777 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Ferguson Logistics Management Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E A Ferguson

Mrs A Ferguson

REGISTERED OFFICE:

Unit 3 The Springfield Centre

Greenwell Road

Aberdeen

AB12 3AX

REGISTERED NUMBER:

SC582777 (Scotland)

ACCOUNTANTS:

The Grant Considine Partnership

Chartered Accountants

46 High Street

Banchory

Aberdeenshire

AB31 5SR

FIXED ASSETS

Tangible assets

5

126,168

89,684

CURRENT ASSETS

Stocks

26,094

23,341

Debtors

6

266,932

457,563

Cash at bank

251,613

140,273

544,639

621,177

CREDITORS

Amounts falling due within one year

7

350,823

399,652

NET CURRENT ASSETS

193,816

221,525

TOTAL ASSETS LESS CURRENT LIABILITIES

319,984

311,209

CREDITORS

Amounts falling due after more than one year

8

(17,884

)

(33,905

)

PROVISIONS FOR LIABILITIES

(27,101

)

(18,996

)

NET ASSETS

274,999

258,308

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

274,899

258,208

SHAREHOLDERS' FUNDS

274,999

258,308

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 15 July 2026 and were signed on its behalf by:

Mr E A Ferguson - Director

1.	STATUTORY INFORMATION

Ferguson Logistics Management Limited 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under historical cost convention.

Revenue recognition

Turnover is measured at fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income is recognised when the service has been provided, when the amount of revenue can be measured reliably and when its probable that future economic benefits will flow to the entity. If a customer has not been invoiced for services provided during the period the income is accrued and included in debtors under prepayments and accrued income.

Tangible fixed assets

Tangible Fixed Assets are stated as cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.

Fixtures and fittings - 33% on reducing balance

Motor vehicles - 25% on reducing balance

Plant and machinery - 25% on reducing balance

Computer equipment - 33% reducing balance

Tenants Improvements - depreciated over the term of the lease

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and

directors' loans.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the

undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost 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 profit and loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

182,501

Additions

64,738

At 31 March 2026

247,239

DEPRECIATION

At 1 April 2025

92,817

Charge for year

28,254

At 31 March 2026

121,071

NET BOOK VALUE

At 31 March 2026

126,168

At 31 March 2025

89,684

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

236,497

434,153

Other debtors

30,435

23,410

266,932

457,563

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 9)

5,257

5,003

Hire purchase contracts (see note 10)

10,593

12,711

Trade creditors

150,947

229,733

Taxation and social security

74,005

112,788

Other creditors

110,021

39,417

350,823

399,652

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 9)

17,884

23,312

Hire purchase contracts (see note 10)

-

10,593

17,884

33,905

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

2,133

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

5,257

5,003

Premium Credit Tax Loan

66,807

14,933

72,064

19,936

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,269

5,117

Amounts falling due between two and five years:

Bank loans - 2-5 years

12,615

16,062

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

2,133

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

10,593

12,711

Between one and five years

-

10,593

10,593

23,304

Non-cancellable

operating leases

2026

2025

£

£

Within one year

77,000

38,500

Between one and five years

77,000

-

In more than five years

32,083

-

186,083

38,500

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

23,141

28,315