Companies House SC583479 2024-12-30 2024-12-30 2023-12-31 false iso4217:GBP xbrli:pure SC583479 2022-12-31 2023-12-30 SC583479 2024-12-30 SC583479 2023-12-31 2024-12-30 SC583479 2023-12-30 SC583479 curr:PoundSterling 2023-12-31 2024-12-30 SC583479 uk-bus:PrivateLimitedCompanyLtd 2023-12-31 2024-12-30 SC583479 uk-bus:FRS102 2023-12-31 2024-12-30 SC583479 uk-bus:AuditExempt-NoAccountantsReport 2023-12-31 2024-12-30 SC583479 uk-bus:FullAccounts 2023-12-31 2024-12-30 SC583479 uk-bus:RegisteredOffice 2023-12-31 2024-12-30 SC583479 uk-bus:Director1 2023-12-31 2024-12-30 SC583479 uk-bus:Director2 2023-12-31 2024-12-30 SC583479 uk-bus:Director3 2023-12-31 2024-12-30 SC583479 uk-bus:Director4 2023-12-31 2024-12-30 SC583479 uk-bus:Director5 2023-12-31 2024-12-30 SC583479 uk-bus:Director6 2023-12-31 2024-12-30 SC583479 uk-bus:Director7 2023-12-31 2024-12-30 SC583479 uk-bus:Director8 2023-12-31 2024-12-30 SC583479 uk-bus:Director9 2023-12-31 2024-12-30 SC583479 uk-bus:Director10 2023-12-31 2024-12-30 SC583479 uk-bus:Director11 2023-12-31 2024-12-30 SC583479 uk-bus:Director12 2023-12-31 2024-12-30 SC583479 uk-bus:Director13 2023-12-31 2024-12-30 SC583479 uk-bus:Director14 2023-12-31 2024-12-30 SC583479 uk-bus:Director15 2023-12-31 2024-12-30 SC583479 uk-bus:Director16 2023-12-31 2024-12-30 SC583479 uk-bus:Director17 2023-12-31 2024-12-30 SC583479 uk-bus:Director18 2023-12-31 2024-12-30 SC583479 uk-bus:Director19 2023-12-31 2024-12-30 SC583479 uk-bus:Director20 2023-12-31 2024-12-30 SC583479 uk-bus:Director21 2023-12-31 2024-12-30 SC583479 uk-bus:CompanySecretary1 2023-12-31 2024-12-30 SC583479 core:AfterOneYear 2024-12-30 SC583479 core:AfterOneYear 2023-12-30 SC583479 core:WithinOneYear 2024-12-30 SC583479 core:WithinOneYear 2023-12-30 SC583479 core:WithinOneYear 2023-12-31 2024-12-30 SC583479 core:AfterOneYear 2024-12-30 SC583479 core:AfterOneYear 2023-12-30 SC583479 core:AfterOneYear 2023-12-31 2024-12-30 SC583479 core:ShareCapital 2024-12-30 SC583479 core:ShareCapital 2023-12-30 SC583479 core:SharePremium 2024-12-30 SC583479 core:SharePremium 2023-12-30 SC583479 core:OtherReservesSubtotal 2024-12-30 SC583479 core:OtherReservesSubtotal 2023-12-30 SC583479 core:RevaluationReserve 2024-12-30 SC583479 core:RevaluationReserve 2023-12-30 SC583479 core:RetainedEarningsAccumulatedLosses 2024-12-30 SC583479 core:RetainedEarningsAccumulatedLosses 2023-12-30 SC583479 1 2023-12-31 2024-12-30 SC583479 2 2023-12-31 2024-12-30 SC583479 3 2023-12-31 2024-12-30 SC583479 core:LandBuildings 2023-12-31 2024-12-30 SC583479 core:LandBuildings 2024-12-30 SC583479 core:LandBuildings 2022-12-31 2023-12-30 SC583479 core:LandBuildings 2023-12-30 SC583479 core:PlantMachinery 2023-12-31 2024-12-30 SC583479 core:PlantMachinery 2024-12-30 SC583479 core:PlantMachinery 2022-12-31 2023-12-30 SC583479 core:PlantMachinery 2023-12-30 SC583479 core:FurnitureFittingsToolsEquipment 2023-12-31 2024-12-30 SC583479 core:FurnitureFittingsToolsEquipment 2024-12-30 SC583479 core:FurnitureFittingsToolsEquipment 2022-12-31 2023-12-30 SC583479 core:FurnitureFittingsToolsEquipment 2023-12-30 SC583479 core:OfficeEquipment 2023-12-31 2024-12-30 SC583479 core:OfficeEquipment 2024-12-30 SC583479 core:OfficeEquipment 2022-12-31 2023-12-30 SC583479 core:OfficeEquipment 2023-12-30 SC583479 core:Vehicles 2023-12-31 2024-12-30 SC583479 core:Vehicles 2024-12-30 SC583479 core:Vehicles 2022-12-31 2023-12-30 SC583479 core:Vehicles 2023-12-30 SC583479 core:NetGoodwill 2023-12-31 2024-12-30 SC583479 core:NetGoodwill 2024-12-30 SC583479 core:NetGoodwill 2022-12-31 2023-12-30 SC583479 core:NetGoodwill 2023-12-30 SC583479 core:IntangibleAssetsOtherThanGoodwill 2023-12-31 2024-12-30 SC583479 core:IntangibleAssetsOtherThanGoodwill 2024-12-30 SC583479 core:IntangibleAssetsOtherThanGoodwill 2022-12-31 2023-12-30 SC583479 core:IntangibleAssetsOtherThanGoodwill 2023-12-30

# SCOTWASTE RECYCLING LIMITED

## Company Registration Number:
SC583479 (Scotland)

## Unaudited statutory accounts for the year ended 30 December 2024

## Period of accounts

## Start date: 31 December 2023

## End date: 30 December 2024

# SCOTWASTE RECYCLING LIMITED

## Contents of the Financial Statements

for the Period Ended 30 December 2024

Directors report |
Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |

# SCOTWASTE RECYCLING LIMITED

Directors' report period ended 30 December 2024

The directors present their report with the financial statements of the company for the period ended 30 December 2024

Principal activities of the company

Scotwaste Reycling Ltd is engaged in the provision of sustainable waste management and recycling solutions to commercial and municipal customers in West Lothian, Scotland. There have been no significant changes in the company's activities during the financial year.

Directors

The directors shown below have held office during the whole of the period from
31 December 2023 to 30 December 2024

Brian McCabe
Paul Innes

The director shown below has held office during the period of
31 December 2023 to 7 March 2024

Colette Bloom

The director shown below has held office during the period of
7 March 2024 to 30 December 2024

Wayne Fisher

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 July 2025

And signed on behalf of the board by:
Name: Brian McCabe
Status: Director

# SCOTWASTE RECYCLING LIMITED

## Profit And Loss Account

for the Period Ended 30 December 2024

| 2024 | 2023
--- | --- | ---
| £ | £
Turnover: | 4,573,745 | 4,777,419
Cost of sales: | ( 3,439,229 ) | ( 3,674,990 )
Gross profit(or loss): | 1,134,516 | 1,102,429
Administrative expenses: | ( 859,437 ) | ( 834,524 )
Other operating income: | 643 | 10,602
Operating profit(or loss): | 275,722 | 278,507
Interest payable and similar charges: | ( 21,598 ) | ( 24,304 )
Profit(or loss) before tax: | 254,124 | 254,203
Tax: | ( 74,564 ) | ( 63,362 )
Profit(or loss) for the financial year: | 179,560 | 190,841

# SCOTWASTE RECYCLING LIMITED

## Balance sheet

As at 30 December 2024

| Notes | 2024 | 2023
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: | 3 | 12,963 | 13,592
Tangible assets: | 4 | 1,209,556 | 1,425,656
Total fixed assets: |  | 1,222,519 | 1,439,248
Current assets
Stocks: | 5 | 20,795 | 45,805
Debtors: | 6 | 804,788 | 1,087,599
Cash at bank and in hand: |  | 272,337 | 1,053,294
Total current assets: |  | 1,097,920 | 2,186,698
Creditors: amounts falling due within one year: | 7 | ( 803,435 ) | ( 1,499,387 )
Net current assets (liabilities): |  | 294,485 | 687,311
Total assets less current liabilities: |  | 1,517,004 | 2,126,559
Creditors: amounts falling due after more than one year: | 8 | ( 286,676 ) | ( 420,844 )
Provision for liabilities: |  | ( 129,722 ) | ( 134,669 )
Total net assets (liabilities): |  | 1,100,606 | 1,571,046
Capital and reserves
Called up share capital: |  | 100 | 100
Share premium account: |  | 649,103 | 649,103
Profit and loss account: |  | 451,403 | 921,843
Total Shareholders' funds: |  | 1,100,606 | 1,571,046

The notes form part of these financial statements

# SCOTWASTE RECYCLING LIMITED

## Balance sheet statements

For the year ending 30 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 July 2025
and signed on behalf of the board by:

Name: Brian McCabe
Status: Director

The notes form part of these financial statements

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  Turnover is measured based on the consideration specified in a contract with a customer and excludes amounts collected on behalf of third parties. The Company recognises revenue when it transfers control of a product or service to a customer. When cash inflows are deferred and represent a financial arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the normal amount received is recognised as interest income.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost includes prime cost, overheads and interest incurred in financing the construction of tangible fixed assets. Capitalisation of interest ceases when the assed is brought into use. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Land and buildings - 14% straight line Office Equipment - 33% straight line Plant & Machinery - 10%/14%/17% straight line Motor Vehicles - 14% straight line ROU Property - 23.5% straight line The company's policy is to review the remaining useful economic lives and residual values of tangible fixed assets at the end of each reporting period and if applicable adjust the depreciation charge to reflect the remaining useful economic life and residual value. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

  Intangible fixed assets amortisation policy

  Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Waste Licence - 25 years

  Other accounting policies

  Accounting policies provided on all financial statement lines where material

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

- ## 2. Employees

  | 2024 | 2023
  --- | --- | ---
  Average number of employees during the period | 38 | 40

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

## 3. Intangible assets

| Goodwill | Other | Total
--- | --- | --- | ---
Cost | £ | £ | £
At 31 December 2023 |  | 15,727 | 15,727
Additions |  |  |
Disposals |  |  |
Revaluations |  |  |
Transfers |  |  |
At 30 December 2024 |  | 15,727 | 15,727
Amortisation |  |  |
At 31 December 2023 |  | 2,135 | 2,135
Charge for year |  | 629 | 629
On disposals |  |  |
Other adjustments |  |  |
At 30 December 2024 |  | 2,764 | 2,764
Net book value |  |  |
At 30 December 2024 |  | 12,963 | 12,963
At 30 December 2023 |  | 13,592 | 13,592

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

## 4. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 31 December 2023 | 1,010,406 | 1,352,108 |  | 139,893 | 473,152 | 2,975,559
Additions |  | 158,374 |  | 12,278 |  | 170,652
Disposals |  | ( 67,043 ) |  |  | ( 26,550 ) | ( 93,593 )
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 30 December 2024 | 1,010,406 | 1,443,439 |  | 152,171 | 446,602 | 3,052,618
Depreciation |  |  |  |  |  |
At 31 December 2023 | 432,423 | 809,288 |  | 41,633 | 266,559 | 1,549,903
Charge for year | 140,503 | 183,842 |  | 6,217 | 49,900 | 380,462
On disposals |  | ( 60,753 ) |  |  | ( 26,550 ) | ( 87,303 )
Other adjustments |  |  |  |  |  |
At 30 December 2024 | 572,926 | 932,377 |  | 47,850 | 289,909 | 1,843,062
Net book value |  |  |  |  |  |
At 30 December 2024 | 437,480 | 511,062 |  | 104,321 | 156,693 | 1,209,556
At 30 December 2023 | 577,983 | 542,820 |  | 98,260 | 206,593 | 1,425,656

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

## 5. Stocks

| 2024 | 2023
--- | --- | ---
| £ | £
Stocks | 20,795 | 45,805
Total | 20,795 | 45,805

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

## 6. Debtors

| 2024 | 2023
--- | --- | ---
| £ | £
Trade debtors | 703,826 | 838,302
Prepayments and accrued income | 53,174 | 131,313
Other debtors | 47,788 | 117,984
Total | 804,788 | 1,087,599

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

## 7. Creditors: amounts falling due within one year note

| 2024 | 2023
--- | --- | ---
| £ | £
Amounts due under finance leases and hire purchase contracts | 134,167 | 128,402
Trade creditors | 133,233 | 550,067
Taxation and social security | 113,401 | 46,034
Accruals and deferred income | 293,549 | 251,310
Other creditors | 129,085 | 523,574
Total | 803,435 | 1,499,387

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

## 8. Creditors: amounts falling due after more than one year note

| 2024 | 2023
--- | --- | ---
| £ | £
Amounts due under finance leases and hire purchase contracts | 286,676 | 420,844
Total | 286,676 | 420,844

# SCOTWASTE RECYCLING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 December 2024

## 9. Financial Commitments

At year end 30/12/24 the Company had no material capital commitments or contingencies.