Clydesdale Technical Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC396578 (Scotland)

Financial Statements for the Year Ended 31 March 2025

for

CLYDESDALE TECHNICAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

A D Knowles

S E Knowles

SECRETARY:

S E Knowles

REGISTERED OFFICE:

Woodside Cottage

Thankerton

Biggar

ML12 6PD

REGISTERED NUMBER:

SC396578 (Scotland)

ACCOUNTANTS:

G O Thomson & Co

Chartered Accountants

85 High Street

Biggar

ML12 6DL

FIXED ASSETS

Tangible assets

4

44,443

56,978

CURRENT ASSETS

Debtors

5

160,700

152,064

Cash at bank

24,482

-

185,182

152,064

CREDITORS

Amounts falling due within one year

6

219,316

184,053

NET CURRENT LIABILITIES

(34,134

)

(31,989

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,309

24,989

CREDITORS

Amounts falling due after more than one
year

7

-

(8,079

)

PROVISIONS FOR LIABILITIES

(10,158

)

(13,292

)

NET ASSETS

151

3,618

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

51

3,518

SHAREHOLDERS' FUNDS

151

3,618

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 15 December 2025 and were signed on its behalf by:

A D Knowles - Director

S E Knowles - Director

1.	STATUTORY INFORMATION

Clydesdale Technical Services 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 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on cost and 15% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

Buildings

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

3,810

26,918

123,577

3,990

158,295

DEPRECIATION

At 1 April 2024

-

16,995

81,179

3,143

101,317

Charge for year

-

3,772

8,480

283

12,535

At 31 March 2025

-

20,767

89,659

3,426

113,852

NET BOOK VALUE

At 31 March 2025

3,810

6,151

33,918

564

44,443

At 31 March 2024

3,810

9,923

42,398

847

56,978

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

70,190

DEPRECIATION

At 1 April 2024

37,755

Charge for year

7,654

At 31 March 2025

45,409

NET BOOK VALUE

At 31 March 2025

24,781

At 31 March 2024

32,435

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

159,436

72,094

Other debtors

1,264

79,970

160,700

152,064

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

-

854

Hire purchase contracts

10,821

13,431

Taxation and social security

201,385

161,011

Other creditors

7,110

8,757

219,316

184,053

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

-

8,079

8.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no ultimate controlling party

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clydesdale Technical Services Limited for the year ended 31 March 2025 which comprise the Income Statement, 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Clydesdale Technical Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clydesdale Technical Services Limited and state those matters that we have agreed to state to the Board of Directors of Clydesdale Technical Services Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Clydesdale Technical Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clydesdale Technical Services Limited. You consider that Clydesdale Technical Services 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 financial statements of Clydesdale Technical Services 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 statutory financial statements.

G O Thomson & Co

Chartered Accountants

85 High Street

Biggar

ML12 6DL

15 December 2025