GORDON COOLEY COACHBUILDERS LTD.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC300206

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		14,697		20,050

			14,697		20,050
CURRENT ASSETS
Stocks	6	110,428		81,191
Debtors	7	266,744		282,938
Cash at bank and in hand		620,654		591,397

		997,826		955,526
Creditors: Amounts Falling Due Within One Year	8	(248,897 )		(286,964 )

NET CURRENT ASSETS (LIABILITIES)			748,929		668,562

TOTAL ASSETS LESS CURRENT LIABILITIES			763,626		688,612

NET ASSETS			763,626		688,612

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			763,624		688,610

SHAREHOLDERS' FUNDS			763,626		688,612

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GORDON COOLEY COACHBUILDERS LTD.

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 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

Gordon Cooley

Director

4 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

GORDON COOLEY COACHBUILDERS LTD. is a private company, limited by shares, incorporated in Scotland, registered number SC300206 . The registered office is Unit 10/12 Evanton Place, Thornliebank Industrial Estate, Glasgow, G46 8JE.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

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:

Plant & Machinery	25% straight line
Motor Vehicles	25% straight line
Computer Equipment	33.33% straight line

2.4. Leasing and Hire Purchase Contracts

Lease payments are recognised as an expense over the lease term on a straight-line basis. The

aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a

straight-line basis.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the

contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement

constitutes a financing transaction, where it is recognised at the present value of the future payments

discounted at a market rate of interest for a similar debt instrument.

2.7. 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.

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

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 18)

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GORDON COOLEY COACHBUILDERS LTD.

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 July 2024	600,000

As at 30 June 2025	600,000

Amortisation
As at 1 July 2024	600,000

As at 30 June 2025	600,000

Net Book Value
As at 30 June 2025	-

As at 1 July 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 July 2024	184,203	9,425	29,524	223,152
Additions	2,625	-	644	3,269

As at 30 June 2025	186,828	9,425	30,168	226,421

Depreciation
As at 1 July 2024	166,963	8,539	27,600	203,102
Provided during the period	7,179	313	1,130	8,622

As at 30 June 2025	174,142	8,852	28,730	211,724

Net Book Value
As at 30 June 2025	12,686	573	1,438	14,697

As at 1 July 2024	17,240	886	1,924	20,050

6. Stocks

	2025	2024
	£	£
Stock	17,716	16,105
Work in progress	92,712	65,086

	110,428	81,191

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	241,206	208,280
Other debtors	25,538	74,658

	266,744	282,938

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GORDON COOLEY COACHBUILDERS LTD.

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	90,704	76,121
Other creditors	42,616	89,212
Taxation and social security	115,577	121,631

	248,897	286,964

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Related Party Transactions

As at 30 June 2025, the company was owed the amount of £2,125 from Cooley Properties Limited,

which is a company registered in company Scotland under company number SC300204. During the

year the company paid rent of £58,000 to Cooley Properties Limited.

11. Ultimate Controlling Party

The company's ultimate controlling party is Cooley Holdings Limited by virtue of his ownership of 100% of the issued share capital in the company.

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