REGISTERED NUMBER: SC467626 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

Forth Valley Concrete Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Kenneth Hampton

REGISTERED OFFICE:

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

REGISTERED NUMBER:

SC467626 (Scotland)

ACCOUNTANTS:

Accountants Plus

Chartered Certified Accountants

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

FIXED ASSETS

Tangible assets

4

2,221,684

1,838,817

CURRENT ASSETS

Stocks

122,250

122,250

Debtors

5

341,157

135,545

Cash at bank

67

238

463,474

258,033

CREDITORS

Amounts falling due within one year

6

1,395,819

970,524

NET CURRENT LIABILITIES

(932,345

)

(712,491

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,289,339

1,126,326

CREDITORS

Amounts falling due after more than one year

7

1,231,093

1,261,031

NET ASSETS/(LIABILITIES)

58,246

(134,705

)

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

8,246

(184,705

)

58,246

(134,705

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 5 November 2026 and were signed by:

Mr Kenneth Hampton - Director

1.	STATUTORY INFORMATION

Forth Valley Concrete Ltd 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

5% on cost

Plant and machinery

-

10% on cost

Computer equipment

-

33% on cost

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

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances

Cash and bank balances are measured at the transaction price.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 July 2025

200,665

2,380,143

3,859

2,584,667

Additions

6,600

600,869

596

608,065

Disposals

-

(90,587

)

-

(90,587

)

At 30 June 2026

207,265

2,890,425

4,455

3,102,145

DEPRECIATION

At 1 July 2025

21,234

721,011

3,605

745,850

Charge for year

4,068

193,588

366

198,022

Eliminated on disposal

-

(63,411

)

-

(63,411

)

At 30 June 2026

25,302

851,188

3,971

880,461

NET BOOK VALUE

At 30 June 2026

181,963

2,039,237

484

2,221,684

At 30 June 2025

179,431

1,659,132

254

1,838,817

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 July 2025

2,224,348

Additions

593,500

At 30 June 2026

2,817,848

DEPRECIATION

At 1 July 2025

613,899

Charge for year

191,295

At 30 June 2026

805,194

NET BOOK VALUE

At 30 June 2026

2,012,654

At 30 June 2025

1,610,449

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

187,375

114,390

Other debtors

102,726

780

Directors' current accounts

-

19,838

Prepayments

51,056

537

341,157

135,545

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans and overdrafts

210,941

202,865

Hire purchase contracts

434,011

480,307

Trade creditors

617,944

199,895

Social security and other taxes

50,034

56,318

VAT

75,347

26,356

Other creditors

2,152

2,163

Directors' current accounts

1,590

-

Accrued expenses

3,800

2,620

1,395,819

970,524

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans

408,566

373,344

Hire purchase contracts

822,527

887,687

1,231,093

1,261,031

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.26

30.6.25

£

£

Bank overdrafts

68,073

49,108

Bank loans

551,434

527,101

Hire purchase contracts

1,256,538

1,367,994

1,876,045

1,944,203

HSBC UK Bank PLC, holds a floating charge over all the property and undertakings of the company.

Hire purchase contracts are secured on the assets to which they relate.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2026 and 30 June 2025:

30.6.26

30.6.25

£

£

Mr Kenneth Hampton

Balance outstanding at start of year

(19,838

)

(14,422

)

Amounts advanced

19,838

-

Amounts repaid

-

(5,416

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(19,838

)