REGISTERED NUMBER: SC443729 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Strath Civil Engineering Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Stein

A Ross

REGISTERED OFFICE:

Unit 8 Bridgend Road

Dingwall

Ross-shire

IV15 9SL

REGISTERED NUMBER:

SC443729 (Scotland)

ACCOUNTANTS:

Mackay & Co CA

3 Fodderty Way

Dingwall

Ross-shire

IV15 9XB

FIXED ASSETS

Tangible assets

4

431,317

387,702

CURRENT ASSETS

Stocks

4,477

186,251

Debtors

5

469,335

142,250

Cash at bank

960,373

916,672

1,434,185

1,245,173

CREDITORS

Amounts falling due within one year

6

850,613

501,663

NET CURRENT ASSETS

583,572

743,510

TOTAL ASSETS LESS CURRENT LIABILITIES

1,014,889

1,131,212

CREDITORS

Amounts falling due after more than one year

7

(579,617

)

(35,848

)

PROVISIONS FOR LIABILITIES

(118,773

)

(73,663

)

NET ASSETS

316,499

1,021,701

CAPITAL AND RESERVES

Called up share capital

10

8

Share premium

30,663

9,999

Retained earnings

285,826

1,011,694

316,499

1,021,701

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.

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 7 April 2025 and were signed on its behalf by:

S Stein - Director

1.	STATUTORY INFORMATION

Strath Civil Engineering Ltd 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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 15 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

181,159

328,843

510,002

Additions

-

143,100

143,100

Disposals

-

(25,395

)

(25,395

)

At 31 December 2024

181,159

446,548

627,707

DEPRECIATION

At 1 January 2024

7,347

114,953

122,300

Charge for year

2,203

86,568

88,771

Eliminated on disposal

-

(14,681

)

(14,681

)

At 31 December 2024

9,550

186,840

196,390

NET BOOK VALUE

At 31 December 2024

171,609

259,708

431,317

At 31 December 2023

173,812

213,890

387,702

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

458,499

128,402

Other debtors

10,836

13,848

469,335

142,250

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

308,166

106,515

Taxation and social security

526,300

387,372

Other creditors

16,147

7,776

850,613

501,663

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to group undertakings

579,617

35,848