REGISTERED NUMBER: SC085511 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

DANATEC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Rea

Mrs I A Thomson

Mrs L J McAuley

REGISTERED OFFICE:

49 Blairhill Street

Coatbridge

ML5 1PH

REGISTERED NUMBER:

SC085511 (Scotland)

ACCOUNTANTS:

John M Taylor & Co

Chartered Accountants

9 Glasgow Road

PAISLEY

Renfrewshire

PA1 3QS

FIXED ASSETS

1,042,737

Tangible assets

5

958,293

CURRENT ASSETS

165,863

Stocks

178,515

430,551

Debtors

6

436,953

157,304

Cash at bank and in hand

52,885

753,718

668,353

CREDITORS

1,086,130

Amounts falling due within one year

7

564,607

(332,412

)

NET CURRENT ASSETS/(LIABILITIES)

103,746

710,325

TOTAL ASSETS LESS CURRENT LIABILITIES

1,062,039

CREDITORS

-

Amounts falling due after more than one year

8

(401,687

)

(12,993

)

PROVISIONS FOR LIABILITIES

(17,497

)

697,332

NET ASSETS

642,855

CAPITAL AND RESERVES

106

Called up share capital

106

697,226

Retained earnings

642,749

697,332

642,855

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

Mrs I A Thomson - Director

1.	STATUTORY INFORMATION

Danatec Limited 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The significant accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

The turnover shown in the profit and loss account comprises sales of goods and services at invoice value excluding value added tax.

The risks and rewards of ownership of goods and services are deemed to have been transferred when the goods or services are delivered to, or are picked up by the customer.

Tangible fixed assets

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

Freehold property

-

1% on cost

Improvements to property

-

10% on cost

Plant & machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Stocks

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

Financial instruments

Basic financial instruments are recognised at amortised cost. Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

Taxation

Taxation represents the sum of tax currently payable and deferred tax on a non discounted basis.

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.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period which the liability is settled or the asset is realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Hire purchase and leasing commitments

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 charged 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 as a liability in the financial statements in the period in which the dividends are approved by the shareholders. These amounts are recognised in the statement of changes in equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 20 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Improvements

Plant &

Totals

property

to property

machinery

£

£

£

£

COST

At 1 September 2024

1,727,837

1,161,465

108,059

319,353

Additions

43,674

-

9,983

-

Disposals

(102,151

)

(102,151

)

-

-

At 31 August 2025

1,669,360

1,059,314

118,042

319,353

DEPRECIATION

At 1 September 2024

685,100

226,114

71,755

267,438

Charge for year

33,118

13,397

3,123

7,788

Eliminated on disposal

(7,151

)

(7,151

)

-

-

At 31 August 2025

711,067

232,360

74,878

275,226

NET BOOK VALUE

At 31 August 2025

958,293

826,954

43,164

44,127

At 31 August 2024

1,042,737

935,351

36,304

51,915

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

£

£

£

COST

At 1 September 2024

138,960

-

-

Additions

-

16,999

16,692

Disposals

-

-

-

At 31 August 2025

138,960

16,999

16,692

DEPRECIATION

At 1 September 2024

119,793

-

-

Charge for year

2,875

5,100

835

Eliminated on disposal

-

-

-

At 31 August 2025

122,668

5,100

835

NET BOOK VALUE

At 31 August 2025

16,292

11,899

15,857

At 31 August 2024

19,167

-

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

341,085

389,182

Other debtors

95,868

41,369

436,953

430,551

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

3,060

-

Trade creditors

377,051

342,366

Taxation and social security

44,692

82,121

Other creditors

139,804

661,643

564,607

1,086,130

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

14,279

-

Other creditors

387,408

-

401,687

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Hire purchase contracts

17,339

-

Bank loans

439,408

576,103

456,747

576,103

Bank of Scotland PLC holds a floating charge covering all the property or undertakings of the company.

Obligations under hire purchase contracts are secured over the assets to which they relate.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

S McAuley

Balance outstanding at start of year

12,895

-

Amounts advanced

79,286

80,332

Amounts repaid

(23,352

)

(67,437

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

68,829

12,895