Frazer Murphy Ltd Company accounts

COMPANY REGISTRATION NUMBER: SC499376

Frazer Murphy Ltd

Unaudited Financial Statements

For the year ended

31 March 2026

Frazer Murphy Ltd

Financial Statements

Year ended 31 March 2026

Contents	Page

Officers and professional advisers	1

Director's report	2

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	3

Statement of income and retained earnings	4

Statement of financial position	5

Notes to the financial statements	6

Frazer Murphy Ltd

Officers and Professional Advisers

Director	Mr F Murphy

Registered office	Mercantile Chambers
	53 Bothwell Street
	G2 6TB

Accountants	Nelson Gilmour Smith
	Chartered Accountants
	47 Cadzow Street
	Hamilton
	ML3 6ED

Frazer Murphy Ltd

Director's Report

Year ended 31 March 2026

The director presents his report and the unaudited financial statements of the company for the year ended 31 March 2026 .

Incorporation

The company was incorporated in 3 March 2015.

Director

The director who served the company during the year was as follows:

Mr F Murphy

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 10 September 2026 and signed on behalf of the board by:

Mr F Murphy
Director

Registered office:

Mercantile Chambers

53 Bothwell Street

G2 6TB

Frazer Murphy Ltd

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Frazer Murphy Ltd

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 Frazer Murphy Ltd for the year ended 31 March 2026, which comprise the statement of income and retained earnings, statement of financial position and the 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 www.icas.com/accountspreparationguidance. This report is made solely to the director of Frazer Murphy Ltd. Our work has been undertaken solely to prepare for your approval the financial statements of Frazer Murphy Ltd and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Frazer Murphy Ltd and its director for our work or for this report.

It is your duty to ensure that Frazer Murphy Ltd 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 Frazer Murphy Ltd. You consider that Frazer Murphy Ltd 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 Frazer Murphy Ltd. 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.

Nelson Gilmour Smith Chartered Accountants

47 Cadzow Street Hamilton ML3 6ED

10 September 2026

Frazer Murphy Ltd

Statement of Income and Retained Earnings

Year ended 31 March 2026

	2026	2025
Note	£	£
Turnover	14,650	14,200

	--------	--------
Gross profit	14,650	14,200

Administrative expenses	1,175	1,518
	--------	--------
Operating profit	13,475	12,682

Other interest receivable and similar income	4	29	48
		--------	--------
Profit before taxation		13,504	12,730

Tax on profit	2,566	2,419
	--------	--------
Profit for the financial year and total comprehensive income	10,938	10,311
	--------	--------

Retained earnings at the start of the year	36,351	26,040
	--------	--------
Retained earnings at the end of the year	47,289	36,351
	--------	--------

All the activities of the company are from continuing operations.

Frazer Murphy Ltd

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	225,750	225,750

Current assets

Cash at bank and in hand	1,211	1,525

Creditors: amounts falling due within one year	6	179,572	190,824
		---------	---------
Net current liabilities		178,361	189,299
		---------	---------
Total assets less current liabilities		47,389	36,451
		--------	--------
Net assets		47,389	36,451
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	47,289	36,351
	--------	--------
Shareholders funds	47,389	36,451
	--------	--------

These financial statements have been prepared 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'.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 10 September 2026 , and are signed on behalf of the board by:

Mr F Murphy
Director

Company registration number: SC499376

Frazer Murphy Ltd

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 Mercantile Chambers, 53 Bothwell Street, G2 6TB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

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.

Tangible assets

Tangible assets are initially recorded at cost, and 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Other interest receivable and similar income

	2026	2025
	£	£
Interest on cash and cash equivalents	29	48
	----	----

5. Tangible assets

	Land and buildings
	£
Cost
At 1 April 2025 and 31 March 2026	225,750
	---------
Depreciation
At 1 April 2025 and 31 March 2026	–
	---------
Carrying amount
At 31 March 2026	225,750
	---------
At 31 March 2025	225,750
	---------

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	2,566	2,418
Other creditors	177,006	188,406
	---------	---------
	179,572	190,824
	---------	---------

7. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	Balance brought forward and outstanding
	2026	2025
	£	£
Mr F Murphy	1,106	1,106
	-------	-------

8. Related party transactions

During the year the company repaid part of a loan due to the spouse of the Director. The balance outstanding at the year end was £165,150. (2025 £176,550). No other transactions were entered into that are required to be disclosed under the terms of FRS 102 Section 1A.