REGISTERED NUMBER: SC412520 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Skene Crane Repairs Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S J Skene

Mrs L E Skene

REGISTERED OFFICE:

6 Cairnbulg Way

Ellon

Aberdeenshire

AB41 9GU

REGISTERED NUMBER:

SC412520 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

4

33,074

12,823

CURRENT ASSETS

Debtors

5

26,215

37,950

Cash at bank

9,694

17,837

35,909

55,787

CREDITORS

Amounts falling due within one year

6

36,180

41,865

NET CURRENT (LIABILITIES)/ASSETS

(271

)

13,922

TOTAL ASSETS LESS CURRENT LIABILITIES

32,803

26,745

CREDITORS

Amounts falling due after more than one year

7

(21,101

)

(4,894

)

PROVISIONS FOR LIABILITIES

(6,025

)

(2,568

)

NET ASSETS

5,677

19,283

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,577

19,183

SHAREHOLDERS' FUNDS

5,677

19,283

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2026 and were signed on its behalf by:

Mr S J Skene - Director

1.	STATUTORY INFORMATION

Skene Crane Repairs 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.

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers. Revenue is recognised at the point of sale of goods and the point services are provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Tools

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Hire purchase and leasing commitments

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

Tools

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

3,379

4,712

32,700

948

41,739

Additions

467

768

33,226

-

34,461

Disposals

-

-

(18,200

)

-

(18,200

)

At 31 December 2025

3,846

5,480

47,726

948

58,000

DEPRECIATION

At 1 January 2025

3,069

3,594

21,305

948

28,916

Charge for year

155

471

10,345

-

10,971

Eliminated on disposal

-

-

(14,961

)

-

(14,961

)

At 31 December 2025

3,224

4,065

16,689

948

24,926

NET BOOK VALUE

At 31 December 2025

622

1,415

31,037

-

33,074

At 31 December 2024

310

1,118

11,395

-

12,823

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

14,500

Additions

33,226

At 31 December 2025

47,726

DEPRECIATION

At 1 January 2025

6,344

Charge for year

10,345

At 31 December 2025

16,689

NET BOOK VALUE

At 31 December 2025

31,037

At 31 December 2024

8,156

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

25,200

37,139

Other debtors

1,015

811

26,215

37,950

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

10,343

3,263

Trade creditors

408

1,988

Taxation and social security

20,357

32,130

Other creditors

5,072

4,484

36,180

41,865

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

21,101

4,894

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S J Skene.