Silverfin false false 30/09/2025 01/10/2024 30/09/2025 Gavin England 12/02/2021 Karen Jappy 12/02/2021 Andrew O'Hare 12/02/2021 Stephen O'Hare 12/02/2021 31 March 2026 The principal activity of the Company during the financial year was that of a mechanics. SC689052 2025-09-30 SC689052 bus:Director1 2025-09-30 SC689052 bus:Director2 2025-09-30 SC689052 bus:Director3 2025-09-30 SC689052 bus:Director4 2025-09-30 SC689052 2024-09-30 SC689052 core:CurrentFinancialInstruments 2025-09-30 SC689052 core:CurrentFinancialInstruments 2024-09-30 SC689052 core:ShareCapital 2025-09-30 SC689052 core:ShareCapital 2024-09-30 SC689052 core:RetainedEarningsAccumulatedLosses 2025-09-30 SC689052 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC689052 core:OtherPropertyPlantEquipment 2024-09-30 SC689052 core:OtherPropertyPlantEquipment 2025-09-30 SC689052 core:CurrentFinancialInstruments 1 2025-09-30 SC689052 core:CurrentFinancialInstruments 1 2024-09-30 SC689052 bus:OrdinaryShareClass1 2025-09-30 SC689052 core:WithinOneYear 2025-09-30 SC689052 core:WithinOneYear 2024-09-30 SC689052 core:BetweenOneFiveYears 2025-09-30 SC689052 core:BetweenOneFiveYears 2024-09-30 SC689052 core:MoreThanFiveYears 2025-09-30 SC689052 core:MoreThanFiveYears 2024-09-30 SC689052 2024-10-01 2025-09-30 SC689052 bus:FilletedAccounts 2024-10-01 2025-09-30 SC689052 bus:SmallEntities 2024-10-01 2025-09-30 SC689052 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 SC689052 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC689052 bus:Director1 2024-10-01 2025-09-30 SC689052 bus:Director2 2024-10-01 2025-09-30 SC689052 bus:Director3 2024-10-01 2025-09-30 SC689052 bus:Director4 2024-10-01 2025-09-30 SC689052 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 SC689052 2023-10-01 2024-09-30 SC689052 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 SC689052 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC689052 (Scotland)

# TAYSIDE CAR TRUCK & VAN LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH THE REGISTRAR

TAYSIDE CAR TRUCK & VAN LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025

Contents

TAYSIDE CAR TRUCK & VAN LIMITED

## BALANCE SHEET

AS AT 30 SEPTEMBER 2025
TAYSIDE CAR TRUCK & VAN LIMITED

## BALANCE SHEET (continued)

AS AT 30 SEPTEMBER 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 205,736 |  | 234,080
|  | 205,736 |  | 234,080
Current assets |  |  |  |
Stocks |  | 50,421 |  | 79,231
Debtors | 4 | 223,005 |  | 241,681
Cash at bank and in hand |  | 385,758 |  | 470,745
|  | 659,184 |  | 791,657
Creditors: amounts falling due within one year | 5 | ( 306,190) |  | ( 538,363)
Net current assets |  | 352,994 |  | 253,294
Total assets less current liabilities |  | 558,730 |  | 487,374
Provision for liabilities | 6 | ( 48,037) |  | ( 53,531)
Net assets |  | 510,693 |  | 433,843
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Profit and loss account |  | 510,593 |  | 433,743
Total shareholders' funds |  | 510,693 |  | 433,843

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Tayside Car Truck & Van Limited (registered number: SC689052) were approved and authorised for issue by the Board of Directors on 31 March 2026. They were signed on its behalf by:

Karen Jappy Director |

TAYSIDE CAR TRUCK & VAN LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025
TAYSIDE CAR TRUCK & VAN LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Tayside Car Truck & Van Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is C/O Johnston Carmichael Bishop's Court, 29 Albyn Place, Aberdeen, AB10 1YL, Scotland, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover represents the amounts receivable for sale of motor parts and repairs net of VAT and is recognised on despatch.

##### Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. | 15 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial assets
An asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

##### Trade and other creditors

Trade and other creditors are recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances are measured at transaction price.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 20 |  | 17

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 October 2024 | 344,566 |  | 344,566
Additions | 15,750 |  | 15,750
At 30 September 2025 | 360,316 |  | 360,316
Accumulated depreciation |  |  |
At 01 October 2024 | 110,486 |  | 110,486
Charge for the financial year | 44,094 |  | 44,094
At 30 September 2025 | 154,580 |  | 154,580
Net book value |  |  |
At 30 September 2025 | 205,736 |  | 205,736
At 30 September 2024 | 234,080 |  | 234,080

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 171,565 |  | 222,153
Corporation tax | 5,694 |  | 0
Other debtors | 45,746 |  | 19,528
| 223,005 |  | 241,681

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 232,096 |  | 222,257
Amounts owed to connected companies | 6,156 |  | 92,540
Taxation and social security | 53,927 |  | 121,826
Other creditors | 14,011 |  | 101,740
| 306,190 |  | 538,363

#### 6. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 48,037 |  | 53,531

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 |  | 2024
| £ |  | £
within one year | 95,000 |  | 0
between one and five years | 380,000 |  | 0
after five years | 467,712 |  | 0
Total future minimum lease payments under non-cancellable operating leases | 942,712 |  | 0

#### 9. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Amounts owed to Key Management Personnel | (2,084) |  | (92,813)
Amounts owed by Key Management Personnel | 6,904 |  | 0

These balances are interest free and have no fixed terms of repayment.

Advances

Advances of £6,904 were made to Key Management Personnel during the year. This balance was repaid post year end and no interest has been charged on this amount.

Other related party transactions

| 2025 |  | 2024
| £ |  | £
Amounts owed by other related parties | 0 |  | 6,640
Amounts owed to other related parties | (6,664) |  | (111,421)

These balances are interest free and have no fixed terms of repayment.