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REGISTERED NUMBER: SC430745 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

ept Services Scotland Limited

ept Services Scotland Limited (Registered number: SC430745)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

ept Services Scotland Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D Stoff
Mrs A Stoff





REGISTERED OFFICE: 55-57 West High Street
INVERURIE
AB51 3QQ





REGISTERED NUMBER: SC430745 (Scotland)





ACCOUNTANTS: Atholl Scott
55-57 West High Street
INVERURIE
AB51 3QQ

ept Services Scotland Limited (Registered number: SC430745)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,158 15,319

CURRENT ASSETS
Stocks 129,590 -
Debtors 5 109,244 38,801
Cash at bank 12,632 10,565
251,466 49,366
CREDITORS
Amounts falling due within one
year

6

(227,408

)

(56,919

)
NET CURRENT ASSETS/(LIABILITIES) 24,058 (7,553 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,216

7,766

PROVISIONS FOR LIABILITIES 7 (4,040 ) (2,911 )
NET ASSETS 36,176 4,855

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 36,076 4,755
SHAREHOLDERS' FUNDS 36,176 4,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

ept Services Scotland Limited (Registered number: SC430745)

Balance Sheet - continued
31 December 2023


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 Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:




D Stoff - Director



Mrs A Stoff - Director


ept Services Scotland Limited (Registered number: SC430745)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

ept Services Scotland 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.

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 represents amounts receivable for goods sold and services rendered during the year, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

ept Services Scotland Limited (Registered number: SC430745)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 4 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2023 23,878
Additions 3,691
At 31 December 2023 27,569
DEPRECIATION
At 1 January 2023 8,559
Charge for year 2,852
At 31 December 2023 11,411
NET BOOK VALUE
At 31 December 2023 16,158
At 31 December 2022 15,319

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 52,465 13,384
Other debtors 51,222 22,939
Tax recoverable - 2,478
PAYE 5,557 -
109,244 38,801

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other loans 39,589 33,809
Trade creditors 151,661 12,926
PAYE - 497
VAT 30,407 4,936
Other creditors 251 251
Accrued expenses 5,500 4,500
227,408 56,919

ept Services Scotland Limited (Registered number: SC430745)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 4,040 2,911

Deferred
tax
£   
Balance at 1 January 2023 2,911
Charge to Income Statement during year 1,129
Balance at 31 December 2023 4,040

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
D Stoff and Mrs A Stoff
Balance outstanding at start of year 11,086 10,495
Amounts advanced - 591
Amounts repaid (247 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,839 11,086

Advances and repayments during the year have been summarised. The above loan is unsecured, interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

During the year ept Services Marine & offshore GmbH increased the amount loaned to the company by 9,883 leaving a balance of £13,383 (2022 £3,500). This loan is unsecured, interest free and repayable on demand.

During the year LeNoDa GmbH increased the amount loaned to the company by £13,183 leaving a balance of £21,537 (2022 £8,354). This loan is unsecured, interest free and repayable on demand.

During the year D Stoff (director) decreased the amount loaned to the company by £120 leaving a balance of £12,116 (2022 £12,237). This loan is unsecured, interest free and repayable on demand.

During the year ept services GmbH increased the amount loaned to the company by £5,900 leaving a balance of £27,472 (2022 £21,572). This loan is unsecured, interest free and repayable on demand

ept Services GmbH sold goods and services to the company of £18,415.

LeNoDA GmbH of Hamburg, Germany is the controlling party.

All transactions were conducted on a normal commercial basis.

10. ULTIMATE CONTROLLING PARTY

ept Services Scotland Limited is 100% owned by LeNoDA GmbH.

ept Services Scotland Limited

Report of the Accountants to the Directors of
ept Services Scotland Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

This report is made solely to the Board of Directors of the company, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of the company and state those matters that we have agreed to state to the Board of Directors of the company, as a body, in this report in accordance with the requirements of the Institute of Financial Accountants. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities and financial position of the company. You consider that the company 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 the company. 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.






Atholl Scott
55-57 West High Street
INVERURIE
AB51 3QQ


30 August 2024