Silverfin false false 31/08/2025 01/09/2024 31/08/2025 Peter Heggie Tod 17/12/2003 Suzanne Audrey Tod 17/12/2003 01 April 2026 The principle activity of the company is that of a haulage contractor. SC261031 2025-08-31 SC261031 bus:Director1 2025-08-31 SC261031 bus:Director2 2025-08-31 SC261031 2024-08-31 SC261031 core:CurrentFinancialInstruments 2025-08-31 SC261031 core:CurrentFinancialInstruments 2024-08-31 SC261031 core:Non-currentFinancialInstruments 2025-08-31 SC261031 core:Non-currentFinancialInstruments 2024-08-31 SC261031 core:ShareCapital 2025-08-31 SC261031 core:ShareCapital 2024-08-31 SC261031 core:RetainedEarningsAccumulatedLosses 2025-08-31 SC261031 core:RetainedEarningsAccumulatedLosses 2024-08-31 SC261031 core:Vehicles 2024-08-31 SC261031 core:FurnitureFittings 2024-08-31 SC261031 core:OfficeEquipment 2024-08-31 SC261031 core:Vehicles 2025-08-31 SC261031 core:FurnitureFittings 2025-08-31 SC261031 core:OfficeEquipment 2025-08-31 SC261031 bus:OrdinaryShareClass1 2025-08-31 SC261031 2024-09-01 2025-08-31 SC261031 bus:FilletedAccounts 2024-09-01 2025-08-31 SC261031 bus:SmallEntities 2024-09-01 2025-08-31 SC261031 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 SC261031 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC261031 bus:Director1 2024-09-01 2025-08-31 SC261031 bus:Director2 2024-09-01 2025-08-31 SC261031 core:Vehicles 2024-09-01 2025-08-31 SC261031 core:FurnitureFittings 2024-09-01 2025-08-31 SC261031 core:OfficeEquipment 2024-09-01 2025-08-31 SC261031 2023-09-01 2024-08-31 SC261031 core:Non-currentFinancialInstruments 2024-09-01 2025-08-31 SC261031 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 SC261031 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC261031 (Scotland)

# ALP (SCOTLAND) LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH THE REGISTRAR

ALP (SCOTLAND) LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

Contents

ALP (SCOTLAND) LIMITED

## BALANCE SHEET

AS AT 31 AUGUST 2025
ALP (SCOTLAND) LIMITED

## BALANCE SHEET (continued)

AS AT 31 AUGUST 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 884,306 |  | 770,866
|  | 884,306 |  | 770,866
Current assets |  |  |  |
Stocks |  | 11,500 |  | 6,486
Debtors | 4 | 178,477 |  | 156,161
Cash at bank and in hand |  | 174,246 |  | 238,119
|  | 364,223 |  | 400,766
Creditors: amounts falling due within one year | 5 | ( 366,871) |  | ( 287,565)
Net current (liabilities)/assets |  | (2,648) |  | 113,201
Total assets less current liabilities |  | 881,658 |  | 884,067
Creditors: amounts falling due after more than one year | 6 | ( 469,679) |  | ( 428,941)
Provision for liabilities |  | ( 165,620) |  | ( 191,388)
Net assets |  | 246,359 |  | 263,738
Capital and reserves |  |  |  |
Called-up share capital | 7 | 6,000 |  | 6,000
Profit and loss account |  | 240,359 |  | 257,738
Total shareholders' funds |  | 246,359 |  | 263,738

For the financial year ending 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of ALP (Scotland) Limited (registered number: SC261031) were approved and authorised for issue by the Board of Directors on 01 April 2026. They were signed on its behalf by:

Suzanne Audrey Tod Director |

ALP (SCOTLAND) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025
ALP (SCOTLAND) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 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

ALP (Scotland) 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 Milton Of Byth, New Byth, Turriff, AB53 5XU, United Kingdom.
The financial statements have been prepared under the historical cost convention 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 £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover represents amounts receivable for haulage services net of VAT and trade discounts. Turnover is recognised at the point of invoice.

##### 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.
Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings 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 or valuation, 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 or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles | 25 % reducing balance
Fixtures and fittings | 25 % reducing balance
Office equipment | 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.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

##### Stocks

Stocks are stated at the lower of cost and net realisable value.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

##### 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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

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

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially 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. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

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 | 8 |  | 9

#### 3. Tangible assets

| Vehicles |  | Fixtures and fittings |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 September 2024 | 1,466,729 |  | 29,049 |  | 23,619 |  | 1,519,397
Additions | 353,676 |  | 0 |  | 4,207 |  | 357,883
Disposals | ( 101,000) |  | 0 |  | ( 1,108) |  | ( 102,108)
At 31 August 2025 | 1,719,405 |  | 29,049 |  | 26,718 |  | 1,775,172
Accumulated depreciation |  |  |  |  |  |  |
At 01 September 2024 | 717,788 |  | 11,915 |  | 18,828 |  | 748,531
Charge for the financial year | 207,729 |  | 4,284 |  | 1,939 |  | 213,952
Disposals | ( 70,849) |  | 0 |  | ( 768) |  | ( 71,617)
At 31 August 2025 | 854,668 |  | 16,199 |  | 19,999 |  | 890,866
Net book value |  |  |  |  |  |  |
At 31 August 2025 | 864,737 |  | 12,850 |  | 6,719 |  | 884,306
At 31 August 2024 | 748,941 |  | 17,134 |  | 4,791 |  | 770,866

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 122,125 |  | 134,457
Corporation tax | 15,935 |  | 0
Other debtors | 40,417 |  | 21,704
| 178,477 |  | 156,161

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

| 2025 |  | 2024
| £ |  | £
Trade creditors | 27,880 |  | 21,527
Taxation and social security | 12,454 |  | 25,098
Obligations under finance leases and hire purchase contracts | 314,892 |  | 237,193
Other creditors | 11,645 |  | 3,747
| 366,871 |  | 287,565

Hire purchase creditors are secured over the assets to which they relate to.

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Obligations under finance leases and hire purchase contracts (secured) | 469,679 |  | 428,941

Hire purchase creditors are secured over the assets to which they relate to.

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
6,000 Ordinary "A Class" shares of £ 1.00 each | 6,000 |  | 6,000

#### 8. Financial commitments

Other financial commitments

The company had an operating lease commitment of £3,376 (2024: £5,908) at 31 August 2025.