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REGISTERED NUMBER: SC546282 (Scotland)

Financial Statements

For The Year Ended 30 September 2025

for

Olison Ltd

Olison Ltd (Registered number: SC546282)

Contents of the Financial Statements

For The Year Ended 30 September 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Olison Ltd

Company Information

For The Year Ended 30 September 2025

| DIRECTORS: | P Oliver

| D Wilson

| REGISTERED OFFICE: | The Old School Business Centre

| Suite 1

| 40 Rocsolloch Road

| Airdrie

| Lanarkshire

| ML6 9BG

| REGISTERED NUMBER: | SC546282 (Scotland)

| ACCOUNTANTS: | Cahill Jack Associates Limited

| 91 Alexander Street

| Airdrie

| North Lanarkshire

| ML6 0BD

Olison Ltd (Registered number: SC546282)

Balance Sheet

30 September 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 15,123 |  | 45,780 |  |

CURRENT ASSETS

Stocks | - |  | 175,000 |  |

Debtors | 5 | 849,138 |  | 743,827 |  |

Cash at bank | 1,292,953 |  | 1,397,583 |  |

2,142,091 |  | 2,316,410 |  |

CREDITORS

Amounts falling due within one year | 6 | 782,334 |  | 943,806 |  |

NET CURRENT ASSETS | 1,359,757 |  | 1,372,604 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,374,880 |  | 1,418,384 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (39,647 | ) |

PROVISIONS FOR LIABILITIES | 9 | (3,781 | ) | (19,624 | ) |

NET ASSETS | 1,371,099 |  | 1,359,113 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 1,370,999 |  | 1,359,013 |  |

SHAREHOLDERS' FUNDS | 1,371,099 |  | 1,359,113 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Olison Ltd (Registered number: SC546282)

Balance Sheet - continued

30 September 2025

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 July 2026 and were signed on its behalf by:

P Oliver - Director

Olison Ltd (Registered number: SC546282)

Notes to the Financial Statements

For The Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Olison 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.

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

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.

| Significant judgements and estimates

| Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made are described below:

| Estimated useful lives and residual values of fixed assets

| As described under the Tangible Fixed Asset heading of this accounting policies note, depreciation of tangible fixed assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as applicable. The reviews take into account estimated useful lives used by other companies operating within the same sector and actual asset lives and residual values as evidenced by disposals during current and prior accounting periods.

| Turnover

| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax and any other sales taxes. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the revenue value of the costs incurred on the contract when all of the following conditions are satisfied:

| - the amount of revenue can be measured reliably;

| - it is probable that the company will receive the consideration due under the contract; and

| - the value of the costs incurred at the end of the reporting period can be measured reliably.

Olison Ltd (Registered number: SC546282)

Notes to the Financial Statements - continued

For The Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

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

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on cost

| At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

| If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

| Stocks and work in progress

| Stock is purchased as required on a job by job basis only and is therefore not normally held on hand. Work in progress is valued on the expected income from jobs and arises where contracts overlap the year end.

| Financial instruments

| The following assets and liabilities are classified as basic financial instruments - trade debtors, trade creditors and directors' loans.

| Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

| 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.

Olison Ltd (Registered number: SC546282)

Notes to the Financial Statements - continued

For The Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Dividends

| Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

| Other items

| Finance costs

| Finance costs are charged to profit or loss over the term of the debt using the effective interest rate method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

| Holiday pay

| A liability is recognised to the extent of any unused holiday pay entitlement which has accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 12 ) .

Olison Ltd (Registered number: SC546282)

Notes to the Financial Statements - continued

For The Year Ended 30 September 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 October 2024 | 181,117 |  |

| Additions | 990 |  |

| Disposals | (101,516 | ) |

| At 30 September 2025 | 80,591 |  |

| DEPRECIATION

| At 1 October 2024 | 135,337 |  |

| Charge for year | 10,865 |  |

| Eliminated on disposal | (80,734 | ) |

| At 30 September 2025 | 65,468 |  |

| NET BOOK VALUE

| At 30 September 2025 | 15,123 |  |

| At 30 September 2024 | 45,780 |  |

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

| Plant and

| machinery

| etc

£ |

| COST

| At 1 October 2024 | 83,130 |  |

| Disposals | (83,130 | ) |

| At 30 September 2025 | - |  |

| DEPRECIATION

| At 1 October 2024 | 62,348 |  |

| Eliminated on disposal | (62,348 | ) |

| At 30 September 2025 | - |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  |

| At 30 September 2024 | 20,782 |  |

Olison Ltd (Registered number: SC546282)

Notes to the Financial Statements - continued

For The Year Ended 30 September 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade debtors | 845,533 |  | 720,222 |  |

| Other debtors | 3,605 |  | 23,605 |  |

849,138 |  | 743,827 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Hire purchase contracts | - |  | 12,480 |  |

| Trade creditors | 511,790 |  | 636,469 |  |

| Taxation and social security | 196,370 |  | 253,913 |  |

| Other creditors | 74,174 |  | 40,944 |  |

782,334 |  | 943,806 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Hire purchase contracts | - |  | 39,647 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.9.25 |  | 30.9.24

£ | £ |

| Hire purchase contracts | - |  | 52,127 |  |

| Hire purchase creditors are secured on the assets concerned.

9. | PROVISIONS FOR LIABILITIES

| 30.9.25 |  | 30.9.24

£ | £ |

| Deferred tax | 3,781 |  | 19,624 |  |

Olison Ltd (Registered number: SC546282)

Notes to the Financial Statements - continued

For The Year Ended 30 September 2025

9. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 19,624 |  |

| Accelerated capital allowances | (15,843 | ) |

| Corporation tax rate change |

| Balance at 30 September 2025 | 3,781 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

| 30.9.25 |  | 30.9.24

£ | £ |

| P Oliver

| Balance outstanding at start of year | 10,000 |  | - |  |

| Amounts advanced | - |  | 10,000 |  |

| Amounts repaid | (10,000 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 10,000 |  |

| D Wilson

| Balance outstanding at start of year | 10,000 |  | - |  |

| Amounts advanced | - |  | 10,000 |  |

| Amounts repaid | (10,000 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 10,000 |  |

11. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £191,296 (2024 - £157,436) were paid to the directors .

12. | ULTIMATE CONTROLLING PARTY

| The company is ultimately controlled by Mr P Oliver and Mr D Wilson, the owners of the majority of the issued share capital.