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Company Registration No. SC212241 (Scotland)
EURO HYDRAULICS SCOTLAND LIMITED Unaudited accounts for the year ended 31 December 2024
EURO HYDRAULICS SCOTLAND LIMITED Unaudited accounts Contents
Page
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EURO HYDRAULICS SCOTLAND LIMITED Company Information for the year ended 31 December 2024
Directors
BERNADETTE MARY DAVIES TIMOTHY ANDREW DAVIES
Secretary
BERNADETTE MARY DAVIES
Company Number
SC212241 (Scotland)
Registered Office
UNIT4 HAGMILL ROAD SHAWHEAD INDUSTRIAL ESTATE COATBRIDGE LANARKSHIRE ML5 4XD
Accountants
brand jamieson co 2 Victoria Place Rutherglen Glasgow G73 2JP
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EURO HYDRAULICS SCOTLAND LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
118,497 
132,193 
Current assets
Inventories
155,600 
133,100 
Debtors
174,861 
208,807 
Cash at bank and in hand
684,309 
357,814 
1,014,770 
699,721 
Creditors: amounts falling due within one year
(606,795)
(363,183)
Net current assets
407,975 
336,538 
Total assets less current liabilities
526,472 
468,731 
Creditors: amounts falling due after more than one year
(25,612)
(24,761)
Net assets
500,860 
443,970 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
500,760 
443,870 
Shareholders' funds
500,860 
443,970 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
BERNADETTE MARY DAVIES Director Company Registration No. SC212241
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EURO HYDRAULICS SCOTLAND LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
EURO HYDRAULICS SCOTLAND LIMITED is a private company, limited by shares, registered in Scotland, registration number SC212241. The registered office is UNIT4 HAGMILL ROAD, SHAWHEAD INDUSTRIAL ESTATE, COATBRIDGE, LANARKSHIRE, ML5 4XD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance.
Motor vehicles
25% reducing balance.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
127,577 
168,365 
295,942 
Additions
534 
30,274 
30,808 
Disposals
- 
(36,795)
(36,795)
At 31 December 2024
128,111 
161,844 
289,955 
Depreciation
At 1 January 2024
102,513 
61,236 
163,749 
Charge for the year
5,012 
31,256 
36,268 
On disposals
- 
(28,559)
(28,559)
At 31 December 2024
107,525 
63,933 
171,458 
Net book value
At 31 December 2024
20,586 
97,911 
118,497 
At 31 December 2023
25,064 
107,129 
132,193 
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EURO HYDRAULICS SCOTLAND LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
174,861 
208,807 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
22,442 
3,247 
Trade creditors
70,005 
61,518 
Amounts owed to group undertakings and other participating interests
371,123 
171,123 
Taxes and social security
92,231 
83,663 
Loans from directors
26,110 
19,548 
Accruals
24,884 
24,084 
606,795 
363,183 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
25,612 
24,761 
8
Transactions with related parties
Dividends of £200,000 ( 2023 £ 0 ) were paid to the holding company , Euro Hydraulics Scotland Holdings Limited.
9
Controlling party
The ultimate controlling party is both directors. The Company is a 100% subsidiary of Euro Hydraulics Scotland Holdings Limited , the shares of which are owned equally by the directors.
10
Average number of employees
During the year the average number of employees was 6 (2023: 7).
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