REGISTERED NUMBER: SC301466 (Scotland)

Financial Statements for the Year Ended 31 March 2025

for

E & M HYDRAULIC SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

WG Reid

KL Todd

R Reid

REGISTERED OFFICE:

12 Traill Drive

Montrose

Angus

DD10 8SW

REGISTERED NUMBER:

SC301466 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Intangible assets

4

952

3,928

Tangible assets

5

1,152,503

1,166,524

1,153,455

1,170,452

CURRENT ASSETS

Stocks

65,000

48,000

Debtors

6

523,926

578,409

Investments

7

30,000

-

Cash at bank

884,570

634,696

1,503,496

1,261,105

CREDITORS

Amounts falling due within one year

8

253,237

385,234

NET CURRENT ASSETS

1,250,259

875,871

TOTAL ASSETS LESS CURRENT LIABILITIES

2,403,714

2,046,323

PROVISIONS FOR LIABILITIES

8,683

11,970

NET ASSETS

2,395,031

2,034,353

CAPITAL AND RESERVES

Called up share capital

3

3

Revaluation reserve

9

1,113,814

1,113,814

Retained earnings

1,281,214

920,536

SHAREHOLDERS' FUNDS

2,395,031

2,034,353

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

WG Reid - Director

1.	STATUTORY INFORMATION

E & M Hydraulic Services Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost and 25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost and 25% on reducing balance

Stock

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 material 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

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 year was 12 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

11,905

AMORTISATION

At 1 April 2024

7,977

Charge for year

2,976

At 31 March 2025

10,953

NET BOOK VALUE

At 31 March 2025

952

At 31 March 2024

3,928

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,739,409

2,441

49,970

11,836

1,803,656

Additions

12,767

-

-

2,005

14,772

At 31 March 2025

1,752,176

2,441

49,970

13,841

1,818,428

DEPRECIATION

At 1 April 2024

599,409

1,520

26,687

9,516

637,132

Charge for year

15,250

230

10,943

2,370

28,793

At 31 March 2025

614,659

1,750

37,630

11,886

665,925

NET BOOK VALUE

At 31 March 2025

1,137,517

691

12,340

1,955

1,152,503

At 31 March 2024

1,140,000

921

23,283

2,320

1,166,524

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

514,723

510,187

Other debtors

9,203

68,222

523,926

578,409

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

30,000

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

13,627

101,160

Taxation and social security

232,582

251,719

Other creditors

7,028

32,355

253,237

385,234

9.

RESERVES

Revaluatio

reserve

£

At 1 April 2024

and 31 March 2025

1,113,814

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £250,000 (2024 - £240,000) were paid to the directors .

The company was under the control of WG Reid throughout the current and previous year. WG Reid is the managing director. R Reid and KL Todd are also directors.

During the year the director further advanced the company net amounts totalling £1,295. As at 31 March 2025 included within other creditors is a balance outstanding due to the director of £1,904 (2024 - £609). No interest was paid on this loan.

During the year to 31 March 2024 the company advanced the director net amounts totalling £50,000. This loan was repaid in the year to 31 March 2025. Interest has been charged on this loan at a rate of 2.5% pa.