REGISTERED NUMBER: SC318188 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Claymore Electrical Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Birss

Mr D Hope

Mrs L Hope

REGISTERED OFFICE:

25a Market Place

Inverurie

Aberdeenshire

AB51 3PU

REGISTERED NUMBER:

SC318188 (Scotland)

ACCOUNTANTS:

BW Accountancy Services Limited

25a Market Place

Inverurie

AB51 3PU

FIXED ASSETS

Tangible assets

4

17,803

9,363

CURRENT ASSETS

Stocks

5,055

2,985

Debtors

5

37,587

80,123

Cash at bank and in hand

109,122

85,388

151,764

168,496

CREDITORS

Amounts falling due within one year

6

100,064

100,677

NET CURRENT ASSETS

51,700

67,819

TOTAL ASSETS LESS CURRENT LIABILITIES

69,503

77,182

CREDITORS

Amounts falling due after more than one year

7

8,259

-

NET ASSETS

61,244

77,182

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

61,144

77,082

61,244

77,182

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

Mr D Hope - Director

1.	STATUTORY INFORMATION

Claymore Electrical Services 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.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 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 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

1,622

41,433

5,207

48,262

Additions

-

16,354

1,581

17,935

Disposals

(1,622

)

(24,648

)

(3,201

)

(29,471

)

At 30 June 2025

-

33,139

3,587

36,726

DEPRECIATION

At 1 July 2024

1,591

33,633

3,675

38,899

Charge for year

-

5,197

738

5,935

Eliminated on disposal

(1,591

)

(21,283

)

(3,037

)

(25,911

)

At 30 June 2025

-

17,547

1,376

18,923

NET BOOK VALUE

At 30 June 2025

-

15,592

2,211

17,803

At 30 June 2024

31

7,800

1,532

9,363

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

31,251

73,978

Other debtors

6,336

6,145

37,587

80,123

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

3,539

-

Trade creditors

21,875

25,804

Taxation and social security

10,121

8,634

Other creditors

64,529

66,239

100,064

100,677

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

8,259

-

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Hope (59%) and Mr R Birss (40%) who between them retain 99% of the share capital of the business.