TAS Building Supplies Limited 31/03/2026 iXBRL

Company registration number: SC336876

TAS Building Supplies Limited

Trading as TAS Building Supplies Limited

Unaudited filleted financial statements

31 March 2026

TAS Building Supplies Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

TAS Building Supplies Limited

Directors and other information


	Directors
		Mr O Ansbro
		Miss Jenna Ansbro


	Company number	SC336876


	Registered office	123 Irish Street
		Dumfries
		DG1 2PE


	Business address	Station Yard Industrial Estate
		Castle Douglas
		DG7 1LA


	Accountants	Carson & Trotter
		123 Irish Street
		Dumfries
		DG1 2PE

TAS Building Supplies Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of TAS Building Supplies Limited

Year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TAS Building Supplies Limited for the year ended 31 March 2026 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 TAS Building Supplies 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 TAS Building Supplies Limited and state those matters that we have agreed to state to the board of directors of TAS Building Supplies 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 TAS Building Supplies Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that TAS Building Supplies 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 TAS Building Supplies Limited. You consider that TAS Building Supplies 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 TAS Building Supplies 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.

Carson & Trotter

Chartered Accountant

123 Irish Street

Dumfries

DG1 2PE

1 October 2026

TAS Building Supplies Limited

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,893,307		1,466,180
		_______		_______
			1,893,307		1,466,180

Current assets
Stocks		182,000		165,000
Debtors	6	552,319		756,501
Cash at bank and in hand		392,003		458,981
		_______		_______
		1,126,322		1,380,482
Creditors: amounts falling due
within one year	7	( 885,100)		( 1,154,300)
		_______		_______
Net current assets			241,222		226,182
			_______		_______
Total assets less current liabilities			2,134,529		1,692,362

Creditors: amounts falling due
after more than one year	8		( 72,746)		( 74,714)

Provisions for liabilities			( 47,349)		( 58,839)

			_______		_______
Net assets			2,014,434		1,558,809
			_______		_______

Capital and reserves
Called up share capital	9		100		100
Profit and loss account			2,014,334		1,558,709
			_______		_______
Shareholder funds			2,014,434		1,558,809
			_______		_______

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The member has 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 01 October 2026 , and are signed on behalf of the board by:

Mr O Ansbro

Director

Company registration number: SC336876

TAS Building Supplies Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 123 Irish Street, Dumfries, DG1 2PE.

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.

Going concern

At the balance sheet date, the company had a strong net current asset position and the continuing support of its directors. At the time of signing these accounts, the directors have considered the effect of the current economic climate and other matters on the going concern position, and consider that this does indicate that the company will continue to trade for a period of at least 12 months from the date of signing these accounts due to the resources available to it.On that basis, the directors have prepared these financial statements on a going concern basis.

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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

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	-	10 %	straight line
Motor vehicles	-	25 %	reducing balance

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.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

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

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financial 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.

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 22 (2025: 21 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost or valuation
At 1 April 2025	1,230,825	144,922	8,283	293,046	1,677,076
Additions	3,610	8,795	2,823	68,086	83,314
Disposals	( 100,000)	-	-	( 91,308)	( 191,308)
Revaluation	549,175	-	-	-	549,175
	_______	_______	_______	_______	_______
At 31 March 2026	1,683,610	153,717	11,106	269,824	2,118,257
	_______	_______	_______	_______	_______
Depreciation
At 1 April 2025	-	75,538	4,077	131,281	210,896
Charge for the year	-	11,724	1,759	45,993	59,476
Disposals	-	-	-	( 45,422)	( 45,422)
	_______	_______	_______	_______	_______
At 31 March 2026	-	87,262	5,836	131,852	224,950
	_______	_______	_______	_______	_______
Carrying amount
At 31 March 2026	1,683,610	66,455	5,270	137,972	1,893,307
	_______	_______	_______	_______	_______
At 31 March 2025	1,230,825	69,384	4,206	161,765	1,466,180
	_______	_______	_______	_______	_______

Investment property

Included within the above is investment property measured at fair value as follows:

		£
	At 1 April 2025	900,000
	Additions	3,610
	Disposals	( 100,000)
		_______
	At 31 March 2026	803,610
		_______

The Fair Value of the investment property held by the company was considered at 31st March 2026 by the directors who have experience within the industry and taking in to consideration related valuations in the local area.

6. Debtors

	2026	2025
	£	£
Trade debtors	552,319	756,501
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	3,333	23,333
Trade creditors	728,800	1,026,265
Corporation tax	34,549	16,547
Social security and other taxes	70,729	49,384
Other creditors	47,689	38,771
	_______	_______
	885,100	1,154,300
	_______	_______

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	72,746	74,714
	_______	_______

9. Called up share capital

Issued, called up and fully paid

	2026		2025
	No	£	No	£
Ordinary shares of £ 1.00 each	100	100	100	100
	_______	_______	_______	_______

10. Related party transactions

During the year the directors received dividends of £100,000.

11. Controlling party

The company is under the control of the directors.