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REGISTERED NUMBER: SC427492 (Scotland)

Scott Oil Technology Tools Ltd

Financial Statements For The Year Ended 31 July 2025

Scott Oil Technology Tools Ltd (Registered number: SC427492)

Contents of the Financial Statements

For The Year Ended 31 July 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Scott Oil Technology Tools Ltd

Company Information

For The Year Ended 31 July 2025

| DIRECTORS: | Ms S S C Ramsay

| Mr M J S Ramsay

| SECRETARY: | Ms S A Ramsay

| REGISTERED OFFICE: | Seaview

| Findhorn

| Moray

| IV36 3YE

| REGISTERED NUMBER: | SC427492 (Scotland)

| ACCOUNTANTS: | The Long Partnership

| 4 North Guildry Street

| Elgin

| Moray

| IV30 1JR

| BANKERS: | Bank of Scotland

| PO Box 1000

| Forres

| BX2 1LB

Scott Oil Technology Tools Ltd (Registered number: SC427492)

Balance Sheet

31 July 2025

| 31.7.25 |  | 31.7.24

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 5 | 12,412 |  | 12,412 |  |

Cash at bank | 1 |  | 1 |  |

12,413 |  | 12,413 |  |

CREDITORS

Amounts falling due within one year | 6 | 30,072 |  | 29,820 |  |

NET CURRENT LIABILITIES | (17,659 | ) | (17,407 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (17,659 | ) | (17,407 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | 5,914 |  | 5,914 |  |

NET LIABILITIES | (23,573 | ) | (23,321 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 1,000 |  | 1,000 |  |

Retained earnings | 9 | (24,573 | ) | (24,321 | ) |

SHAREHOLDERS' FUNDS | (23,573 | ) | (23,321 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 January 2026 and were signed on its behalf by:

Mr M J S Ramsay - Director

Scott Oil Technology Tools Ltd (Registered number: SC427492)

Notes to the Financial Statements

For The Year Ended 31 July 2025

1. | STATUTORY INFORMATION

| Scott Oil Technology Tools 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.

| Tangible fixed assets

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

| Equipment | - | 33% on cost

| Going concern

| The statement of financial position shows a deficit on shareholders funds of £23,573, this includes amounts owed by the company to the director of £2,489. The shareholder has confirmed that he will maintain this level of support to enable the company to continue to operate for the foreseeable future. Throughout the year, the company has been negotiating a significant investment into the company. The directors are confident in securing this investment in the following financial year. The accounts are therefore drawn up on a going concern basis.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Equipment

£ |

| COST

| At 1 August 2024

| and 31 July 2025 | 1,125 |  |

| DEPRECIATION

| At 1 August 2024

| and 31 July 2025 | 1,125 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.7.25 |  | 31.7.24

£ | £ |

| Other debtors | 12,412 |  | 12,412 |  |

Scott Oil Technology Tools Ltd (Registered number: SC427492)

Notes to the Financial Statements - continued

For The Year Ended 31 July 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.7.25 |  | 31.7.24

£ | £ |

| Bank loans and overdrafts | 1,680 |  | 1,680 |  |

| Trade creditors | 10,882 |  | 10,882 |  |

| Taxation and social security | 8,560 |  | 8,560 |  |

| Other creditors | 8,950 |  | 8,698 |  |

30,072 |  | 29,820 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.7.25 |  | 31.7.24

£ | £ |

| Bank loans | 5,914 |  | 5,914 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.7.25 |  | 31.7.24

| value: | £ | £ |

| 100,000 | Ordinary | .01 | 1,000 |  | 1,000 |  |

9. | RESERVES

| Retained

| earnings

£ |

| At 1 August 2024 | (24,321 | ) |

| Deficit for the year | (252 | ) |

| At 31 July 2025 | (24,573 | ) |

10. | RELATED PARTY DISCLOSURES

| At 31 July 2024 and 31 July 2025 the company owed the director £2,489. This loan is interest free and has no fixed repayment terms.

| At 31 July 2024 and 31 July 2025 Spaceport Scotland owed the company £10,640. This loan is interest free and has no fixed terms of repayment.

| At 31 July 2024 and 31 July 2025 the company owed £5,986 to Scotland Electronics Ltd, a company under common control.