REGISTERED NUMBER: SC227491 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

John Crawford & Co (Mechanical) Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

C Peacock

D M Kerr

M Woods

SECRETARY:

C Peacock

REGISTERED OFFICE:

1 Zetland Road

Hillington Industrial Estate

Glasgow

Lanarkshire

G52 4BW

REGISTERED NUMBER:

SC227491 (Scotland)

ACCOUNTANTS:

Burgoyne Carey

Chartered Accountants

Pavilion 2

3 Dava Street

Broomloan Road

Glasgow

G51 2JA

FIXED ASSETS

Tangible assets

4

81,356

112,131

CURRENT ASSETS

Stocks

917,491

967,814

Debtors

5

118,856

86,139

Cash at bank and in hand

212,880

511,763

1,249,227

1,565,716

CREDITORS

Amounts falling due within one year

6

487,504

685,319

NET CURRENT ASSETS

761,723

880,397

TOTAL ASSETS LESS CURRENT LIABILITIES

843,079

992,528

CREDITORS

Amounts falling due after more than one year

7

(28,511

)

(48,142

)

PROVISIONS FOR LIABILITIES

(55,292

)

(101,102

)

NET ASSETS

759,276

843,284

CAPITAL AND RESERVES

Called up share capital

65,000

65,000

Capital redemption reserve

35,000

35,000

Retained earnings

659,276

743,284

SHAREHOLDERS' FUNDS

759,276

843,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 5 December 2025 and were signed on its behalf by:

D M Kerr - Director

C Peacock - Director

1.	STATUTORY INFORMATION

John Crawford & Co (Mechanical) 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 amounts invoiced during the year net, exclusive of Value Added Tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

STOCKS AND WORK IN PROGRESS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

The company participates in a defined contribution scheme with Royal London. All contributions are held outside the company and all employers contributions are charged to the profit and loss account annually.

Contributions are also made on behalf of directors to pension schemes that operate independently of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2024 - 43 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

231,320

6,378

237,698

Additions

-

3,300

3,300

Disposals

(6,250

)

-

(6,250

)

At 31 March 2025

225,070

9,678

234,748

DEPRECIATION

At 1 April 2024

122,259

3,308

125,567

Charge for year

25,425

3,450

28,875

Eliminated on disposal

(1,050

)

-

(1,050

)

At 31 March 2025

146,634

6,758

153,392

NET BOOK VALUE

At 31 March 2025

78,436

2,920

81,356

At 31 March 2024

109,061

3,070

112,131

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

81,733

DEPRECIATION

At 1 April 2024

15,098

Charge for year

17,800

At 31 March 2025

32,898

NET BOOK VALUE

At 31 March 2025

48,835

At 31 March 2024

66,635

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

72,608

19,748

VAT

46,248

66,391

118,856

86,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

86,586

109,460

Hire purchase contracts

12,963

14,611

Trade creditors

256,000

327,122

Tax

(18,600

)

39,594

Social security and other taxes

59,495

80,187

Other creditors

10,506

15,062

Pension scheme

(2,256

)

9,995

Accrued expenses

82,810

89,288

487,504

685,319

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

7,914

10,000

Bank loans - 2-5 years

-

8,471

Hire purchase contracts

20,597

29,671

28,511

48,142