REGISTERED NUMBER: SC755226 (Scotland)

Unaudited Financial Statements

For The Period 1 February 2024 to 31 March 2025

for

99 0c Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms O M Civiera

REGISTERED OFFICE:

22 West Telferton

Edinburgh

EH7 6UL

REGISTERED NUMBER:

SC755226 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

330,255

412,336

CURRENT ASSETS

Debtors

5

55,451

25,063

Cash at bank

9,227

28,474

64,678

53,537

CREDITORS

Amounts falling due within one year

6

468,097

250,904

NET CURRENT LIABILITIES

(403,419

)

(197,367

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(73,164

)

214,969

CREDITORS

Amounts falling due after more than one year

7

-

101,218

NET (LIABILITIES)/ASSETS

(73,164

)

113,751

CAPITAL AND RESERVES

Called up share capital

1,427

1,000

Share premium

299,573

300,000

Retained earnings

(374,164

)

(187,249

)

SHAREHOLDERS' FUNDS

(73,164

)

113,751

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 23 December 2025 and were signed by:

Ms O M Civiera - Director

1.	STATUTORY INFORMATION

99 0c 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.

Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis.

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 the cost less estimated residual value of each asset over its estimated useful life.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

Taxation

Taxation for the period 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 period 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 period was 26 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 February 2024

439,035

20,349

459,384

Additions

11,000

1,245

12,245

At 31 March 2025

450,035

21,594

471,629

DEPRECIATION

At 1 February 2024

45,443

1,605

47,048

Charge for period

90,007

4,319

94,326

At 31 March 2025

135,450

5,924

141,374

NET BOOK VALUE

At 31 March 2025

314,585

15,670

330,255

At 31 January 2024

393,592

18,744

412,336

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.1.24

£

£

Trade debtors

12,258

-

Other debtors

43,193

25,063

55,451

25,063

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.1.24

£

£

Bank loans and overdrafts

-

72,442

Hire purchase contracts

30,621

-

Trade creditors

76,932

-

Taxation and social security

255,636

61,579

Other creditors

104,908

116,883

468,097

250,904

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.1.24

£

£

Hire purchase contracts

-

101,218

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.1.24

£

£

Hire purchase

30,621

101,218

Aurora Leasing Ltd holds security over 22 West Telferton, EH7 6UL.

Aurora Leasing Ltd holds security over all property or undertaking of the company.

Mellor Finance Ltd holds a floating charge over the company.