IRIS Accounts Production v25.4.0.155 SC453478 Board of Directors 1.7.24 30.6.25 30.6.25 true false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC453478 2024-06-30 SC453478 2025-06-30 SC453478 2024-07-01 2025-06-30 SC453478 2023-06-30 SC453478 2023-07-01 2024-06-30 SC453478 2024-06-30 SC453478 ns14:PoundSterling 2024-07-01 2025-06-30 SC453478 ns10:Director1 2024-07-01 2025-06-30 SC453478 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC453478 ns10:SmallEntities 2024-07-01 2025-06-30 SC453478 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC453478 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 SC453478 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC453478 ns10:FullAccounts 2024-07-01 2025-06-30 SC453478 1 2024-07-01 2025-06-30 SC453478 ns5:CurrentFinancialInstruments 2025-06-30 SC453478 ns5:CurrentFinancialInstruments 2024-06-30 SC453478 ns5:Non-currentFinancialInstruments 2025-06-30 SC453478 ns5:Non-currentFinancialInstruments 2024-06-30 SC453478 ns5:ShareCapital 2025-06-30 SC453478 ns5:ShareCapital 2024-06-30 SC453478 ns5:CapitalRedemptionReserve 2025-06-30 SC453478 ns5:CapitalRedemptionReserve 2024-06-30 SC453478 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 SC453478 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 SC453478 ns5:NetGoodwill 2024-07-01 2025-06-30 SC453478 ns5:PlantMachinery 2024-07-01 2025-06-30 SC453478 ns5:NetGoodwill 2024-06-30 SC453478 ns5:NetGoodwill 2025-06-30 SC453478 ns5:NetGoodwill 2024-06-30 SC453478 ns5:PlantMachinery 2024-06-30 SC453478 ns5:PlantMachinery 2025-06-30 SC453478 ns5:PlantMachinery 2024-06-30 SC453478 ns5:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 SC453478 ns5:CostValuation 2024-06-30 SC453478 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 SC453478 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30

REGISTERED NUMBER: SC453478

GLENMAVIS TRAFFIC MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

BALANCE SHEET

30 JUNE 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 400,191 |  | 265,121 |  |

Investments | 6 | 300 |  | 300 |  |

400,491 |  | 265,421 |  |

CURRENT ASSETS

Stocks | 4,125 |  | 4,125 |  |

Debtors | 7 | 761,982 |  | 623,271 |  |

Cash at bank | 1,101,923 |  | 1,109,241 |  |

1,868,030 |  | 1,736,637 |  |

CREDITORS

Amounts falling due within one year | 8 | 253,837 |  | 293,960 |  |

NET CURRENT ASSETS | 1,614,193 |  | 1,442,677 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,014,684 |  | 1,708,098 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (119,133 | ) | - |  |

PROVISIONS FOR LIABILITIES | (37,671 | ) | (36,167 | ) |

NET ASSETS | 1,857,880 |  | 1,671,931 |  |

CAPITAL AND RESERVES

Called up share capital | 400 |  | 400 |  |

Capital redemption reserve | 200 |  | 200 |  |

Retained earnings | 1,857,280 |  | 1,671,331 |  |

SHAREHOLDERS' FUNDS | 1,857,880 |  | 1,671,931 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

BALANCE SHEET - continued

30 JUNE 2025

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 and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 February 2026 and were signed on its behalf by:

H Smith - Director

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| Glenmavis Traffic Management Ltd is a private company, limited by shares, registered in Scotland. The company's registered office is Caledonia House, 89 Seaward Street, Glasgow, G41 1HJ.

| The presentation currency of the financial statements is Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material departures from that standard. The financial statements have been prepared under the historical cost convention.

| Preparation of consolidated financial statements

| The financial statements contain information about Glenmavis Traffic Management Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover represents the invoice value of goods supplied and services rendered in the year, exclusive of value added tax. The company's policy is to recognise income when substantively all risks and rewards in connection with the goods and services have been passed to the buyer.

| Judgements

| The company considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements.

| The directors consider there are no such significant judgements.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2014, was amortised evenly over its estimated useful life of five years.

| 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance and 25% on cost

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like goodwill and plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of the value in use and the fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost less impairment.

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | ACCOUNTING POLICIES - continued

| Stock and work in progress

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

| In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to stage of completion.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to and from related parties.

| Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

| Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.

| Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

| Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

| Taxation

| Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

| The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

| With the exception of changes arising on the initial recognition of a business combination, the tax expense is presented either in profit or loss, other comprehensive income or statement of changes in equity depending on the transaction that resulted in the tax expense.

| Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

| Finance leases

| 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.

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | ACCOUNTING POLICIES - continued

| Provisions

| Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 21 (2024 - 24 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 180,000 |  |

| AMORTISATION

| At 1 July 2024

| and 30 June 2025 | 180,000 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  |

| At 30 June 2024 | - |  |

| Goodwill represents the amount paid over the net book value of a business acquired in 2014.

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 July 2024 | 697,661 |  |

| Additions | 274,323 |  |

| Disposals | (59,235 | ) |

| At 30 June 2025 | 912,749 |  |

| DEPRECIATION

| At 1 July 2024 | 432,540 |  |

| Charge for year | 113,774 |  |

| Eliminated on disposal | (33,756 | ) |

| At 30 June 2025 | 512,558 |  |

| NET BOOK VALUE

| At 30 June 2025 | 400,191 |  |

| At 30 June 2024 | 265,121 |  |

| Included above is £188,331 (2024: £84,004) carrying value of assets for which the company has pledged as security.

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 300 |  |

| NET BOOK VALUE

| At 30 June 2025 | 300 |  |

| At 30 June 2024 | 300 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 496,128 |  | 606,785 |  |

| Other debtors | 265,854 |  | 16,486 |  |

761,982 |  | 623,271 |  |

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

2025 | 2024 |

£ | £ |

| Hire purchase contracts and finance leases | 74,106 |  | 35,547 |  |

| Trade creditors | 85,467 |  | 51,011 |  |

| Taxation and social security | 88,483 |  | 202,545 |  |

| Other creditors | 5,781 |  | 4,857 |  |

253,837 |  | 293,960 |  |

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

2025 | 2024 |

£ | £ |

| Hire purchase contracts and finance leases | 119,133 |  | - |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts and finance leases | 193,239 |  | 35,547 |  |

| Finance lease liabilities are secured over the assets to which they relate.

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the balance sheet date, there was an amount due to the directors of £3,164 (2024: £2,410). This loan is interest free and no repayment terms have been established.

GLENMAVIS TRAFFIC MANAGEMENT LTD (REGISTERED NUMBER: SC453478)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

12. | LEASING AGREEMENTS

| At the year end, the company had operating lease commitments of £18,000 (2024: £12,867).