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REGISTERED NUMBER: SC540186 (Scotland)















Unaudited Financial Statements for the Year Ended 31st July 2024

for

Edinburgh Vanliners Limited

Edinburgh Vanliners Limited (Registered number: SC540186)

Contents of the Financial Statements
for the Year Ended 31st July 2024










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Edinburgh Vanliners Limited

Company Information
for the Year Ended 31st July 2024







DIRECTOR: D Bringhurst





REGISTERED OFFICE: Unit 1, 12 Bankhead Broadway
Edinburgh
EH11 4DB





REGISTERED NUMBER: SC540186 (Scotland)





ACCOUNTANTS: McLaughlin Crolla LLP
77/2 Hanover Street
Edinburgh
EH2 1EE

Edinburgh Vanliners Limited

Report of the Accountants to the Director of
Edinburgh Vanliners Limited


The following reproduces the text of the report prepared for the director 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 Director 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 31st July 2024 set out on pages four 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.






McLaughlin Crolla LLP
77/2 Hanover Street
Edinburgh
EH2 1EE


9th June 2025

Edinburgh Vanliners Limited (Registered number: SC540186)

Balance Sheet
31st July 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,712 3,062
Tangible assets 5 2,135,270 1,284,586
2,137,982 1,287,648

CURRENT ASSETS
Stocks 35,000 35,000
Debtors 6 123,749 111,500
Cash at bank 128,489 42,482
287,238 188,982
CREDITORS
Amounts falling due within one year 7 596,823 453,502
NET CURRENT LIABILITIES (309,585 ) (264,520 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,828,397 1,023,128

CREDITORS
Amounts falling due after more than one year 8 1,550,699 853,574
NET ASSETS 277,698 169,554

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 277,598 169,454
277,698 169,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 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.

Edinburgh Vanliners Limited (Registered number: SC540186)

Balance Sheet - continued
31st July 2024


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 9th June 2025 and were signed by:





D Bringhurst - Director


Edinburgh Vanliners Limited (Registered number: SC540186)

Notes to the Financial Statements
for the Year Ended 31st July 2024


1. STATUTORY INFORMATION

Edinburgh Vanliners 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 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.

Website is being amortised evenly over its 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - not provided
Plant and machinery - at varying rates 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
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties.

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.

Edinburgh Vanliners Limited (Registered number: SC540186)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024


2. ACCOUNTING POLICIES - continued

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 9 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
Cost
At 1st August 2023
and 31st July 2024 3,500
Amortisation
At 1st August 2023 438
Charge for year 350
At 31st July 2024 788
Net book value
At 31st July 2024 2,712
At 31st July 2023 3,062

Edinburgh Vanliners Limited (Registered number: SC540186)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost
At 1st August 2023 1,124,281 388,223 1,512,504
Additions 689,457 232,729 922,186
Disposals - (84,171 ) (84,171 )
At 31st July 2024 1,813,738 536,781 2,350,519
Depreciation
At 1st August 2023 - 227,918 227,918
Charge for year - 71,502 71,502
Eliminated on disposal - (84,171 ) (84,171 )
At 31st July 2024 - 215,249 215,249
Net book value
At 31st July 2024 1,813,738 321,532 2,135,270
At 31st July 2023 1,124,281 160,305 1,284,586

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

Plant and
machinery
etc
£   
Cost
At 1st August 2023 84,703
Additions 38,580
At 31st July 2024 123,283
Depreciation
At 1st August 2023 34,746
Charge for year 30,822
At 31st July 2024 65,568
Net book value
At 31st July 2024 57,715
At 31st July 2023 49,957

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 116,082 98,781
Other debtors 7,667 12,719
123,749 111,500

Edinburgh Vanliners Limited (Registered number: SC540186)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts (see note 9) - 23,600
Hire purchase contracts (see note 10) 27,755 19,477
Trade creditors 42,158 17,881
Amounts owed to group undertakings 286,000 300,000
Taxation and social security 36,515 19,392
Other creditors 204,395 73,152
596,823 453,502

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Bank loans (see note 9) - 3,176
Hire purchase contracts (see note 10) 25,368 26,918
Other creditors 1,525,331 823,480
1,550,699 853,574

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 958,315 -

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
as restated
£    £   
Amounts falling due within one year or on demand:
Bank loans - 23,600
Other loans 129,669 41,000
129,669 64,600

Amounts falling due between one and two years:
Bank loans - 1-2 years - 3,176
Other loans - 1-2 years 140,004 -
140,004 3,176

Amounts falling due between two and five years:
Other loans - 2-5 years 420,012 62,000

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 958,315 -

Edinburgh Vanliners Limited (Registered number: SC540186)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024


9. LOANS - continued

A bank loan of £nil (2023 - £23,600) is secured by a guarantee from the UK Government under the Business Bounce Back Loan scheme.

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
as restated
£    £   
Net obligations repayable:
Within one year 27,755 19,477
Between one and five years 25,368 26,918
53,123 46,395

Non-cancellable operating leases
2024 2023
as restated
£    £   
Within one year 10,875 3,994
Between one and five years 5,132 3,177
16,007 7,171