Company registration number SC571652 (Scotland)
CSP CORPORATE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
CSP CORPORATE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
CSP CORPORATE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
502,422
474,633
Investments
4
101
101
502,523
474,734
Current assets
Debtors
6
1,369,787
1,085,313
Cash at bank and in hand
452,556
413,469
1,822,343
1,498,782
Creditors: amounts falling due within one year
7
(90,472)
(43,602)
Net current assets
1,731,871
1,455,180
Total assets less current liabilities
2,234,394
1,929,914
Provisions for liabilities
(36,623)
(32,844)
Net assets
2,197,771
1,897,070
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
2,197,671
1,896,970
Total equity
2,197,771
1,897,070

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 2 June 2026
Mr C S Paterson
Director
Company registration number SC571652 (Scotland)
CSP CORPORATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

CSP Corporate Limited is a private company limited by shares incorporated in Scotland. The registered office is c/o Paterson Engineering Limited, Castle Works, Edingham Industrial Estate, Dalbeattie, Dumfries & Galloway, DG5 4NA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

The director is not aware of any material uncertainties affecting the company and considers that the company will have sufficient resources to continue trading for the foreseeable future. As a result the director has continued to adopt the going concern basis in preparing the financial statements.true

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Freehold land is not depreciated
Plant and equipment
15% Straight line
Motor vehicles
25% Reducing balance

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.

CSP CORPORATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.6
Impairment of fixed 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. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

1.7
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention 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 and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

CSP CORPORATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts 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.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

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

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

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

CSP CORPORATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2025
175,968
681,905
857,873
Additions
-
0
74,656
74,656
At 31 December 2025
175,968
756,561
932,529
Depreciation and impairment
At 1 January 2025
-
0
383,240
383,240
Depreciation charged in the year
-
0
46,867
46,867
At 31 December 2025
-
0
430,107
430,107
Carrying amount
At 31 December 2025
175,968
326,454
502,422
At 31 December 2024
175,968
298,665
474,633
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
101
101
5
Subsidiaries

Details of the company's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Address
Class of
% Held
shares held
Direct
Paterson Engineering Limited
1
Ordinary
100.00
LSP Property Developments Limited
1
Ordinary
100.00

Registered office addresses (all UK unless otherwise indicated):

1
Castle Works, Edingham Industrial Estate, Dalbeattie, DG5 4NA
CSP CORPORATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
437,413
168,325
Amounts owed by group undertakings
616,654
598,372
Other debtors
5,199
5,223
1,059,266
771,920
2025
2024
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
310,521
313,393
Total debtors
1,369,787
1,085,313
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
9,945
7,560
Taxation and social security
53,029
11,224
Other creditors
27,498
24,818
90,472
43,602
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2025-12-31 2025-01-01 false false false 02 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr C S Paterson SC571652 2025-01-01 2025-12-31 SC571652 2025-12-31 SC571652 2024-12-31 SC571652 core:LandBuildings 2025-12-31 SC571652 core:OtherPropertyPlantEquipment 2025-12-31 SC571652 core:LandBuildings 2024-12-31 SC571652 core:OtherPropertyPlantEquipment 2024-12-31 SC571652 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 SC571652 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 SC571652 core:CurrentFinancialInstruments 2025-12-31 SC571652 core:CurrentFinancialInstruments 2024-12-31 SC571652 core:ShareCapital 2025-12-31 SC571652 core:ShareCapital 2024-12-31 SC571652 core:RetainedEarningsAccumulatedLosses 2025-12-31 SC571652 core:RetainedEarningsAccumulatedLosses 2024-12-31 SC571652 core:ShareCapitalOrdinaryShareClass1 2025-12-31 SC571652 core:ShareCapitalOrdinaryShareClass1 2024-12-31 SC571652 bus:Director1 2025-01-01 2025-12-31 SC571652 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 SC571652 core:PlantMachinery 2025-01-01 2025-12-31 SC571652 core:MotorVehicles 2025-01-01 2025-12-31 SC571652 2024-01-01 2024-12-31 SC571652 core:LandBuildings 2024-12-31 SC571652 core:OtherPropertyPlantEquipment 2024-12-31 SC571652 2024-12-31 SC571652 core:LandBuildings 2025-01-01 2025-12-31 SC571652 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 SC571652 core:Subsidiary1 2025-01-01 2025-12-31 SC571652 core:Subsidiary2 2025-01-01 2025-12-31 SC571652 core:Subsidiary1 1 2025-01-01 2025-12-31 SC571652 core:Subsidiary2 2 2025-01-01 2025-12-31 SC571652 core:Non-currentFinancialInstruments 2025-12-31 SC571652 core:Non-currentFinancialInstruments 2024-12-31 SC571652 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 SC571652 bus:OrdinaryShareClass1 2025-12-31 SC571652 bus:OrdinaryShareClass1 2024-12-31 SC571652 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC571652 bus:FRS102 2025-01-01 2025-12-31 SC571652 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 SC571652 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC571652 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP