REGISTERED NUMBER: SC029697 (Scotland)

Financial Statements For The Year Ended 30 November 2025

for

Chambers Bros. (Farm Appliances) Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

W S Marshall

Mrs A A Marshall

REGISTERED OFFICE:

2 Wrightfield Place

Alloway

Ayr

Ayrshire

KA7 4NF

REGISTERED NUMBER:

SC029697 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

701,361

963,638

Investments

6

34,931

32,190

736,292

995,828

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

72,236

73,436

Cash at bank

20,693

29,721

97,929

108,157

CREDITORS

Amounts falling due within one year

48,138

72,051

NET CURRENT ASSETS

49,791

36,106

TOTAL ASSETS LESS CURRENT LIABILITIES

786,083

1,031,934

PROVISIONS FOR LIABILITIES

258

320

NET ASSETS

785,825

1,031,614

CAPITAL AND RESERVES

Called up share capital

25,500

25,500

Other reserves

2,365

2,365

Retained earnings

757,960

1,003,749

785,825

1,031,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 August 2026 and were signed on its behalf by:

W S Marshall - Director

1.	STATUTORY INFORMATION

Chambers Bros. (Farm Appliances) 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.	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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixed plant and equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

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

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

and 30 November 2025

9,849

AMORTISATION

At 1 December 2024

and 30 November 2025

9,849

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 December 2024

1,008,532

Revaluations

(262,037

)

At 30 November 2025

746,495

DEPRECIATION

At 1 December 2024

44,894

Charge for year

240

At 30 November 2025

45,134

NET BOOK VALUE

At 30 November 2025

701,361

At 30 November 2024

963,638

Cost or valuation at 30 November 2025 is represented by:

Totals

£

Valuation in 2025

(262,037

)

Cost

1,008,532

746,495

Investment property was valued on an open market basis on 25 October 2025 by Shepherd Commercial .

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 December 2024

32,190

Additions

1,137

Revaluations

1,604

At 30 November 2025

34,931

NET BOOK VALUE

At 30 November 2025

34,931

At 30 November 2024

32,190

Cost or valuation at 30 November 2025 is represented by:

Totals

£

Valuation in 2025

34,931

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

W S Marshall

Balance outstanding at start of year

(27,241

)

(93,040

)

Amounts advanced

90,708

85,799

Amounts repaid

(63,467

)

(20,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(27,241

)