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REGISTERED NUMBER: SC774235 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 JUNE 2025 |

| FOR |

| GLENFIELD TRAINING ACADEMY LIMITED |

GLENFIELD TRAINING ACADEMY LIMITED (REGISTERED NUMBER: SC774235)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 30 June 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

GLENFIELD TRAINING ACADEMY LIMITED

COMPANY INFORMATION

for the year ended 30 June 2025

| DIRECTORS: | A G Dow

| K West

| REGISTERED OFFICE: | 5 Glenfield Industrial Estate

| Perth Road

| Cowdenbeath

| Fife

| KY4 9HT

| REGISTERED NUMBER: | SC774235 (Scotland)

| ACCOUNTANTS: | S&W Partners (Scotland) Limited

| Cluny Court

| John Smith Business Park

| Kirkcaldy

| Fife

| KY2 6QJ

GLENFIELD TRAINING ACADEMY LIMITED (REGISTERED NUMBER: SC774235)

BALANCE SHEET

30 June 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 6,666 |  | 1,987 |  |

CURRENT ASSETS

Debtors | 5 | 638 |  | - |  |

Cash at bank and in hand | 233 |  | 1,126 |  |

871 |  | 1,126 |  |

CREDITORS

Amounts falling due within one year | 6 | (12,948 | ) | (5,592 | ) |

NET CURRENT LIABILITIES | (12,077 | ) | (4,466 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (5,411 | ) | (2,479 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (5,511 | ) | (2,579 | ) |

(5,411 | ) | (2,479 | ) |

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.

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 24 February 2026 and were signed on its behalf by:

A G Dow - Director

GLENFIELD TRAINING ACADEMY LIMITED (REGISTERED NUMBER: SC774235)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 30 June 2025

1. | STATUTORY INFORMATION

| Glenfield Training Academy 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.

| At 30 June 2025 the company had liabilities exceeding assets by £5,411 (2024 - £2,479) and relies on the continued support of related parties to finance its working capital requirements. The directors consider it appropriate to prepare the financial statements on the going concern basis as they expect that this support will continue for the foreseeable future.

| TURNOVER

| Turnover represents net invoiced sales of services in relation to training provided to the motor industry, excluding value added tax.

| 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.

| Plant and machinery | - | 20% per annum reducing balance

| Fixtures and fittings | - | 33% per annum reducing balance

| Motor vehicles | - | 25% per annum reducing balance

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the asset capable of operating as intended. The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

| IMPAIRMENT OF ASSETS

| At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

| If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

| 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.

GLENFIELD TRAINING ACADEMY LIMITED (REGISTERED NUMBER: SC774235)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 July 2024 | 960 |  | 1,035 |  | 700 |  | 2,695 |  |

| Additions | 6,000 |  | - |  | - |  | 6,000 |  |

| At 30 June 2025 | 6,960 |  | 1,035 |  | 700 |  | 8,695 |  |

| DEPRECIATION

| At 1 July 2024 | 192 |  | 341 |  | 175 |  | 708 |  |

| Charge for year | 848 |  | 342 |  | 131 |  | 1,321 |  |

| At 30 June 2025 | 1,040 |  | 683 |  | 306 |  | 2,029 |  |

| NET BOOK VALUE

| At 30 June 2025 | 5,920 |  | 352 |  | 394 |  | 6,666 |  |

| At 30 June 2024 | 768 |  | 694 |  | 525 |  | 1,987 |  |

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

2025 | 2024 |

£ | £ |

| VAT | 430 |  | - |  |

| Prepayments | 208 |  | - |  |

638 |  | - |  |

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

2025 | 2024 |

£ | £ |

| Taxation and social security | - |  | 573 |  |

| Other creditors | 12,948 |  | 5,019 |  |

12,948 |  | 5,592 |  |