REGISTERED NUMBER: SC526916 (Scotland)

Financial Statements for the Year Ended 31 March 2026

for

COMAMO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M L Dow

J E Dow

A S Dow

REGISTERED OFFICE:

12 Trail Drive

Montrose

Angus

DD10 8SW

REGISTERED NUMBER:

SC526916 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Tangible assets

4

48,581

63,454

CURRENT ASSETS

Debtors

5

19,140

16,800

Cash at bank

33,777

60,013

52,917

76,813

CREDITORS

Amounts falling due within one year

6

23,340

43,312

NET CURRENT ASSETS

29,577

33,501

TOTAL ASSETS LESS CURRENT LIABILITIES

78,158

96,955

PROVISIONS FOR LIABILITIES

12,146

15,864

NET ASSETS

66,012

81,091

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

65,912

80,991

SHAREHOLDERS' FUNDS

66,012

81,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by:

M L Dow - Director

1.	STATUTORY INFORMATION

Comamo 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 material 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.

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 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

3,479

95,832

4,041

103,352

Additions

-

-

1,465

1,465

At 31 March 2026

3,479

95,832

5,506

104,817

DEPRECIATION

At 1 April 2025

2,963

33,863

3,072

39,898

Charge for year

129

15,492

717

16,338

At 31 March 2026

3,092

49,355

3,789

56,236

NET BOOK VALUE

At 31 March 2026

387

46,477

1,717

48,581

At 31 March 2025

516

61,969

969

63,454

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

19,140

16,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

18,812

28,143

Other creditors

4,528

15,169

23,340

43,312

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £50,000 (2025 - £65,500) were paid to the directors .

The company was under control of the directors, M L Dow, J E Dow & A S Dow, throughout the current and previous year.

During the year the company paid the directors net amounts totalling £760. As at 31 March 2026, included within other creditors, is a balance outstanding due to the directors of £312 (2025 - £1,072). No interest has been paid on this loan.