Equip Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC349565

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Fixed Assets	4		19,056		17,385

			19,056		17,385
CURRENT ASSETS
Stocks		5,770		4,413
Debtors	5	66,934		63,348
Cash at bank and in hand		100,511		134,819

		173,215		202,580
Creditors: Amounts Falling Due Within One Year	6	(67,287 )		(84,624 )

NET CURRENT ASSETS (LIABILITIES)			105,928		117,956

TOTAL ASSETS LESS CURRENT LIABILITIES			124,984		135,341

Creditors: Amounts Falling Due After More Than One Year	7		-		(350 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,215 )		(3,898 )

NET ASSETS			120,769		131,093

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			120,669		130,993

SHAREHOLDERS' FUNDS			120,769		131,093

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Equip Services Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A J Currie

Director

6 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Equip Services Limited is a private company, limited by shares, registered in Scotland, company registration number SC349565 . The registered office is 29 Challum Drive, Motherwell, North Lanarkshire, ML1 2FD.

The presentation currency of the financial statements is Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material departures from that standard. The financial statements have been prepared under the historical cost convention.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

Judgements

The company considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The director consider there to be no such significant judgements.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

2.4. Turnover

Turnover comprises the invoiced cost of goods and services sold during the year, excluding value added tax. The company's policy is to recognise a sale when substantively all the risks and rewards in connection with the goods and services have been passed to the buyer.

2.5. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off the cost less their estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

33% on cost and 20% on cost

Tangible fixed assets are included at cost less accumulated depreciation and impairment.

Impairment of tangible fixed assets

At each reporting date non-financial assets not carried at fair value, like plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of value in use and fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

2.6. Stocks and Work in Progress

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 stocks. Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Equip Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and investments in non-puttable ordinary shares.

Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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

2.8. Taxation

Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

With the exception of changes arising on the initial recognition of a business combination, the tax expense is presented either in profit or loss, other comprehensive income or statement of changes in equity depending on the transaction that resulted in the tax expense.

Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

4. Tangible Fixed Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2025	42,631
Additions	10,000

As at 31 March 2026	52,631

Depreciation
As at 1 April 2025	25,246
Provided during the period	8,329

As at 31 March 2026	33,575

Net Book Value
As at 31 March 2026	19,056

As at 1 April 2025	17,385

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Equip Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	58,190	59,593
Other debtors	8,744	3,755

	66,934	63,348

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	18,739	11,720
Bank loans and overdrafts	350	1,400
Other creditors	34,793	48,756
Taxation and social security	13,405	22,748

	67,287	84,624

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	350

8. Pension Commitments

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.

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