REGISTERED NUMBER: SC346845 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st December 2025

for

T & H Cox Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

9

DIRECTOR:

T Cox

SECRETARY:

Mrs H M Cox

REGISTERED OFFICE:

Unit 3 Fryish Way

Teanish Industrial Estate

Alness

Rosshire

IV17 0PJ

REGISTERED NUMBER:

SC346845 (Scotland)

ACCOUNTANTS:

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Intangible assets

4

1,800

12,967

Tangible assets

5

363,568

386,034

Investments

6

28,820

28,820

394,188

427,821

CURRENT ASSETS

Stocks

574,000

502,000

Debtors

7

144,921

167,888

Cash at bank and in hand

113,715

159,222

832,636

829,110

CREDITORS

Amounts falling due within one year

8

(265,770

)

(267,558

)

NET CURRENT ASSETS

566,866

561,552

TOTAL ASSETS LESS CURRENT LIABILITIES

961,054

989,373

CREDITORS

Amounts falling due after more than one year

9

(117,091

)

(150,956

)

PROVISIONS FOR LIABILITIES

(70,885

)

(76,393

)

NET ASSETS

773,078

762,024

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

772,878

761,824

SHAREHOLDERS' FUNDS

773,078

762,024

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30th April 2026 and were signed by:

T Cox - Director

1.	STATUTORY INFORMATION

T & H Cox 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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.

Land and buildings

-

not provided

Plant and machinery etc

-

33% on cost, 20% on reducing balance, 20% on cost, 15% on reducing balance and 10% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2025

and 31st December 2025

155,000

AMORTISATION

At 1st January 2025

142,033

Charge for year

11,167

At 31st December 2025

153,200

NET BOOK VALUE

At 31st December 2025

1,800

At 31st December 2024

12,967

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st January 2025

51,197

636,320

687,517

Additions

-

95,759

95,759

Disposals

-

(78,290

)

(78,290

)

At 31st December 2025

51,197

653,789

704,986

DEPRECIATION

At 1st January 2025

6,058

295,425

301,483

Charge for year

512

84,134

84,646

Eliminated on disposal

-

(44,711

)

(44,711

)

At 31st December 2025

6,570

334,848

341,418

NET BOOK VALUE

At 31st December 2025

44,627

318,941

363,568

At 31st December 2024

45,139

340,895

386,034

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

Plant and

machinery

etc

£

COST

At 1st January 2025

335,494

Additions

83,384

Disposals

(78,290

)

Transfer to ownership

(29,500

)

At 31st December 2025

311,088

DEPRECIATION

At 1st January 2025

139,074

Charge for year

56,162

Eliminated on disposal

(44,711

)

Transfer to ownership

(40,003

)

At 31st December 2025

110,522

NET BOOK VALUE

At 31st December 2025

200,566

At 31st December 2024

196,420

6.	FIXED ASSET INVESTMENTS

Other loans

£

At 1st January 2025

and 31st December 2025

28,820

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

65,052

165,213

Other debtors

79,869

2,675

144,921

167,888

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

17,597

22,965

Hire purchase contracts

63,251

61,248

Trade creditors

38,224

63,759

Taxation and social security

103,445

80,669

Other creditors

43,253

38,917

265,770

267,558

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

11,210

26,121

Hire purchase contracts

105,881

124,835

117,091

150,956

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2025 set out on pages three to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

30th April 2026