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REGISTERED NUMBER: SC511413 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NEWLINE UTILITIES (SCOT) LIMITED

NEWLINE UTILITIES (SCOT) LIMITED (REGISTERED NUMBER: SC511413)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEWLINE UTILITIES (SCOT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: N S Rafferty
Mrs S R Rafferty





REGISTERED OFFICE: Clyde Offices
2nd Floor
48 West George Street
Glasgow
Lanarkshire
G2 1BP





REGISTERED NUMBER: SC511413 (Scotland)





ACCOUNTANT: John Murphy & Company (Scotland) Limited
Chartered Accountants
Castle Chambers
67 Main Street
Bothwell
Lanarkshire
G71 8ER

NEWLINE UTILITIES (SCOT) LIMITED (REGISTERED NUMBER: SC511413)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,461,075 1,315,554

CURRENT ASSETS
Stocks 5 5,000 2,500
Debtors 6 494,070 234,053
Cash at bank 303,318 266,415
802,388 502,968
CREDITORS
Amounts falling due within one year 7 618,920 382,153
NET CURRENT ASSETS 183,468 120,815
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,644,543

1,436,369

CREDITORS
Amounts falling due after more than one
year

8

(1,062,537

)

(959,642

)

PROVISIONS FOR LIABILITIES 10 (189,059 ) (140,457 )
NET ASSETS 392,947 336,270

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 392,847 336,170
SHAREHOLDERS' FUNDS 392,947 336,270

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

NEWLINE UTILITIES (SCOT) LIMITED (REGISTERED NUMBER: SC511413)

BALANCE SHEET - continued
31 MARCH 2025


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 29 August 2025 and were signed on its behalf by:





N S Rafferty - Director


NEWLINE UTILITIES (SCOT) LIMITED (REGISTERED NUMBER: SC511413)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Newline Utilities (Scot) 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.

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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% 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.

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.

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.

NEWLINE UTILITIES (SCOT) LIMITED (REGISTERED NUMBER: SC511413)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

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 8 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 April 2024 7,797 1,434,034 1,003
Additions 4,932 618,527 -
At 31 March 2025 12,729 2,052,561 1,003
DEPRECIATION
At 1 April 2024 - 526,095 539
Charge for year - 438,100 242
At 31 March 2025 - 964,195 781
NET BOOK VALUE
At 31 March 2025 12,729 1,088,366 222
At 31 March 2024 7,797 907,939 464

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 690,587 6,396 2,139,817
Additions 110,924 566 734,949
At 31 March 2025 801,511 6,962 2,874,766
DEPRECIATION
At 1 April 2024 293,933 3,696 824,263
Charge for year 149,904 1,182 589,428
At 31 March 2025 443,837 4,878 1,413,691
NET BOOK VALUE
At 31 March 2025 357,674 2,084 1,461,075
At 31 March 2024 396,654 2,700 1,315,554

NEWLINE UTILITIES (SCOT) LIMITED (REGISTERED NUMBER: SC511413)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2024 1,138,757 622,320 1,761,077
Additions 444,582 76,898 521,480
Transfer to ownership (252,794 ) - (252,794 )
At 31 March 2025 1,330,545 699,218 2,029,763
DEPRECIATION
At 1 April 2024 436,498 243,711 680,209
Charge for year 272,075 130,894 402,969
Transfer to ownership (21,412 ) - (21,412 )
At 31 March 2025 687,161 374,605 1,061,766
NET BOOK VALUE
At 31 March 2025 643,384 324,613 967,997
At 31 March 2024 702,259 378,609 1,080,868

5. STOCKS
31.3.25 31.3.24
£    £   
Stock 5,000 2,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 492,882 234,053
Amounts owed by associates 1,188 -
494,070 234,053

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts (see note 9) - 10,000
Hire purchase contracts 402,652 332,133
Trade creditors 108,642 57,118
Corporation tax 588 -
Payroll taxation 1,947 (30,489 )
Pension fund control 252 -
Arrestments 104 -
VAT 91,723 3,667
Wages control 4,452 1,658
Directors' current accounts 1,935 241
Accrued charges 6,625 7,825
618,920 382,153

NEWLINE UTILITIES (SCOT) LIMITED (REGISTERED NUMBER: SC511413)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans (see note 9) - 12,435
Hire purchase contracts 1,062,537 947,207
1,062,537 959,642

9. LOANS

An analysis of the maturity of loans is given below:

31.3.25 31.3.24
£    £   
Amounts falling due within one year or on demand:
Bank loans - 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years - 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years - 2,435

10. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 189,059 140,457

Deferred
tax
£   
Balance at 1 April 2024 140,457
Provided during year 48,602
Balance at 31 March 2025 189,059

11. ULTIMATE CONTROLLING PARTY

The controlling party is N S Rafferty.