REGISTERED NUMBER: SC157747 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Associated Production Tools Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

James Michael Smith

Registered office:

Unit 7, Carberry Court

28 Queen Elizabeth Avenue

Hillington Park

Glasgow

G52 4NQ

Registered number:

SC157747 (Scotland)

Accountants:

Total Accounting Ltd.

10 Moncrieff Street

Paisley

PA3 2BE

Fixed assets

Tangible assets

3

268,459

272,757

Current assets

Stocks

1,524,677

1,255,390

Debtors

4

241,435

252,938

Cash at bank

931,363

1,052,256

2,697,475

2,560,584

Creditors

Amounts falling due within one year

5

(118,647

)

(296,760

)

Net current assets

2,578,828

2,263,824

Total assets less current liabilities

2,847,287

2,536,581

Creditors

Amounts falling due after more than one year

6

6,100

6,297

Provisions for liabilities

3,342

4,138

Capital and reserves

Called up share capital

1

1

Revaluation reserve

54,446

54,446

Capital redemption reserve

1

1

Profit and loss account

2,783,397

2,471,698

2,837,845

2,526,146

2,847,287

2,536,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2 October 2025 and were signed by:

James Michael Smith - Director

1.	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

-

Not depreciated

Plant and machinery etc

-

25% on cost, 20% on cost and 10% 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.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

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.

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.

2.	Employees and directors

The average number of employees during the year was 6 (2024 - 6 ) .

3.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 July 2024

250,000

80,783

330,783

Additions

-

1,771

1,771

At 30 June 2025

250,000

82,554

332,554

Depreciation

At 1 July 2024

-

58,026

58,026

Charge for year

-

6,069

6,069

At 30 June 2025

-

64,095

64,095

Net book value

At 30 June 2025

250,000

18,459

268,459

At 30 June 2024

250,000

22,757

272,757

4.

Debtors

2025

2024

£

£

Other debtors

241,435

252,938

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

23,771

65,145

Taxation and social security

94,336

229,914

Other creditors

540

1,701

118,647

296,760

6.	Creditors due after one year

2025

2024

£

£

Deferred income

6,100

6,297