REGISTERED NUMBER: SC335579 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

LIDDELL BUCHANAN LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

2,777

3,704

CURRENT ASSETS

Debtors

5

25,888

5,568

Cash at bank

133,466

124,202

159,354

129,770

CREDITORS

Amounts falling due within one year

6

142,958

78,826

NET CURRENT ASSETS

16,396

50,944

TOTAL ASSETS LESS CURRENT LIABILITIES

19,173

54,648

PROVISIONS FOR LIABILITIES

14,107

14,107

NET ASSETS

5,066

40,541

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,966

40,441

SHAREHOLDERS' FUNDS

5,066

40,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 October 2026 and were signed by:

J Wilson - Director

1.	STATUTORY INFORMATION

Liddell Buchanan Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC335579

Registered office:

4 Antonine Road

Dullatur

North Lanarkshire

G68 0FE

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 and revenue recognition

Turnover represents net invoiced sales of engineering consultancy services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets

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

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their

settlement value.

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 balance sheet date.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

5,000

18,750

23,750

DEPRECIATION

At 1 January 2025

3,330

16,716

20,046

Charge for year

418

509

927

At 31 December 2025

3,748

17,225

20,973

NET BOOK VALUE

At 31 December 2025

1,252

1,525

2,777

At 31 December 2024

1,670

2,034

3,704

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

25,888

5,568

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Tax

21,190

17,156

Social security and other taxes

712

1,940

VAT

16,837

7,309

Other creditors

34,037

34,037

Accrued charges & deferred

income

70,182

18,384

142,958

78,826

7.	ULTIMATE CONTROLLING PARTY