C.A.R. Construction Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of C.A.R. Construction Limited for the year ended 31 January 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of C.A.R. Construction Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of C.A.R. Construction Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of C.A.R. Construction Limited and state those matters that we have agreed to state to the directors of C.A.R. Construction Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C.A.R. Construction Limited and its directors as a body for our work or for this report.

It is your duty to ensure that C.A.R. Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of C.A.R. Construction Limited . You consider that C.A.R. Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of C.A.R. Construction Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

30 October 2025

Nuvo Scotland Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeen

AB12 4XX

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C.A.R. Construction Limited

Balance Sheet

As At 31 January 2025

Balance Sheet

Registered number: SC148556

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		227		330
Investment Properties	5		205,450		241,706

			205,677		242,036
CURRENT ASSETS
Cash at bank and in hand		3,258		16

		3,258		16
Creditors: Amounts Falling Due Within One Year	6	(33,452 )		(40,326 )

NET CURRENT ASSETS (LIABILITIES)			(30,194 )		(40,310 )

TOTAL ASSETS LESS CURRENT LIABILITIES			175,483		201,726

PROVISIONS FOR LIABILITIES
Deferred Taxation			(695 )		(4,368 )

NET ASSETS			174,788		197,358

CAPITAL AND RESERVES
Called up share capital			2		2
Fair value reserve			1,915		34,524
Profit and Loss Account			172,871		162,832

SHAREHOLDERS' FUNDS			174,788		197,358

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C.A.R. Construction Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs C Robertson

Director

30 October 2025

The notes on pages 4 to 7 form part of these financial statements.

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C.A.R. Construction Limited

Notes to the Financial Statements

For The Year Ended 31 January 2025

Notes to the Financial Statements

1. General Information

C.A.R. Construction Limited is a private company, limited by shares, incorporated in Scotland, registered number SC148556 . The registered office is 1 Rubislaw Park Crescent, Aberdeen, AB15 8BT.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Assets held under finance leases are depreciated in the same way as owned assets.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	33% reducing balance

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account. Deferred taxation is provided on these adjustments at the rate expected to apply when the properties are sold.

2.4. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

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C.A.R. Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost or Valuation
As at 1 February 2024	2,245	2,122	876	5,243

As at 31 January 2025	2,245	2,122	876	5,243

Depreciation
As at 1 February 2024	2,005	2,057	851	4,913
Provided during the period	79	16	8	103

As at 31 January 2025	2,084	2,073	859	5,016

Net Book Value
As at 31 January 2025	161	49	17	227

As at 1 February 2024	240	65	25	330

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C.A.R. Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 February 2024	241,706
Revaluations	(36,256)

As at 31 January 2025	205,450

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	202,896	202,896

Fair value at 31 January 2024 is represented by:	£
Valuation in 2013	316,105
Valuation in 2014	115,000
Valuation in 2016	(109,000)
Valuation in 2017	(96,000)
Valuation in 2019	(71,500)
Valuation in 2020	(30,680)
Valuation in 2021	(4,800)
Valuation in 2022	(24,361)
Valuation in 2024	(55,954)
Valuation in 2025	(36,256)
Cost	202,896
	205,450

Investment property was valued on open market valuation basis on 31 January 2025 by the directors.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	34	-
Bank loans and overdrafts	-	1,745
Corporation tax	2,352	10,258
Other creditors	3,751	4,250
Accruals and deferred income	360	367
Directors' loan accounts	26,955	23,706

	33,452	40,326

7. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 February 2024	4,368	4,368
Deferred taxation	(3,673 )	(3,673 )

Balance at 31 January 2025	695	695

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C.A.R. Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2025
	£	£	£	£	£
Mrs Corinne Robertson	(11,853 )	63,038	(64,662 )	-	(13,477 )
Mr Alistair Robertson	(11,853 )	63,037	(64,662 )	-	(13,478 )

The above loan are interest free and have no fixed repayment terms.

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