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REGISTERED NUMBER: SC245258 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Crimond Track Shop Limited

| Crimond Track Shop Limited (Registered number: SC245258) |

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Crimond Track Shop Limited |

Company Information

for the Year Ended 31 December 2024

| DIRECTORS: | Mr C J Cartmel

| Mrs K Cartmel

| Mrs K Davidson

| REGISTERED OFFICE: | Glebefield House

| 21 Links Terrace

| Peterhead

| Aberdeenshire

| AB42 2XA

| REGISTERED NUMBER: | SC245258 (Scotland)

| ACCOUNTANTS: | SBP

| Accountants

| Glebefield House

| 21 Links Terrace

| Peterhead

| Aberdeenshire

| AB42 2XA

| Crimond Track Shop Limited (Registered number: SC245258) |

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 399 |  | 250 |  |

Tangible assets | 5 | 1,974 |  | 2,000 |  |

2,373 |  | 2,250 |  |

CURRENT ASSETS

Stocks | 7,454 |  | 6,988 |  |

Cash at bank and in hand | 18,383 |  | 16,105 |  |

25,837 |  | 23,093 |  |

CREDITORS

Amounts falling due within one year | 6 | 4,595 |  | 2,751 |  |

NET CURRENT ASSETS | 21,242 |  | 20,342 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 23,615 |  | 22,592 |  |

PROVISIONS FOR LIABILITIES | 375 |  | 380 |  |

NET ASSETS | 23,240 |  | 22,212 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 23,238 |  | 22,210 |  |

SHAREHOLDERS' FUNDS | 23,240 |  | 22,212 |  |

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

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

| Crimond Track Shop Limited (Registered number: SC245258) |

Balance Sheet - continued

31 December 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 Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mr C J Cartmel - Director

| Crimond Track Shop Limited (Registered number: SC245258) |

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Crimond Track Shop 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 the amounts (excluding value added tax) derived from the provision of goods to customers. Revenue is recognised at the point of sale.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, it would be normal policy for intangible assets to be measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Other intangible assets comprises a cherished vehicle registration number and it is the directors view that this asset will not diminish in value and no amortisation is charged.

| 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 cost

| Transponders | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 33% on cost

| Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

| 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.

| Crimond Track Shop Limited (Registered number: SC245258) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2023 - NIL).

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 January 2024 | 250 |  |

| Additions | 399 |  |

| Disposals | (250 | ) |

| At 31 December 2024 | 399 |  |

| NET BOOK VALUE

| At 31 December 2024 | 399 |  |

| At 31 December 2023 | 250 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | Transponders |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2024 | 15,817 |  | 891 |  | 2,500 |  | 2,118 |  | 21,326 |  |

| Additions | - |  | - |  | 2,500 |  | - |  | 2,500 |  |

| Disposals | - |  | (891 | ) | (2,500 | ) | - |  | (3,391 | ) |

| At 31 December 2024 | 15,817 |  | - |  | 2,500 |  | 2,118 |  | 20,435 |  |

| DEPRECIATION

| At 1 January 2024 | 15,692 |  | 891 |  | 625 |  | 2,118 |  | 19,326 |  |

| Charge for year | 26 |  | - |  | 625 |  | - |  | 651 |  |

| Eliminated on disposal | - |  | (891 | ) | (625 | ) | - |  | (1,516 | ) |

| At 31 December 2024 | 15,718 |  | - |  | 625 |  | 2,118 |  | 18,461 |  |

| NET BOOK VALUE

| At 31 December 2024 | 99 |  | - |  | 1,875 |  | - |  | 1,974 |  |

| At 31 December 2023 | 125 |  | - |  | 1,875 |  | - |  | 2,000 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Taxation and social security | 232 |  | 367 |  |

| Other creditors | 4,363 |  | 2,384 |  |

4,595 |  | 2,751 |  |

| Crimond Track Shop Limited (Registered number: SC245258) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

7. | RELATED PARTY DISCLOSURES

| Crimond Track Shop Limited is a company owned 100% by CSC Promotions Limited. During the year the company made payments to and received repayments on behalf of CSC Promotions Limited, The loan balance outstanding at the balance sheet date was £2,422 included in Other creditors (2023 - £662). The loan is interest free and there are no fixed repayment terms.