REGISTERED NUMBER: SC546801 (Scotland)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

ENVIRONMENTAL FILTRATION SPECIALISTS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

10

DIRECTOR:

S Wilson

REGISTERED OFFICE:

Unit 3 Waverley Street

Waverley Industrial Estate

Bathgate

West Lothian

EH48 4JA

REGISTERED NUMBER:

SC546801 (Scotland)

ACCOUNTANTS:

McAllisters

Paxton House

11 Woodside Crescent

Charing Cross

Glasgow

G3 7UL

FIXED ASSETS

Tangible assets

4

40,354

40,496

CURRENT ASSETS

Stocks

5

151,700

29,849

Debtors

6

204,317

97,807

Cash at bank and in hand

206,558

284,579

562,575

412,235

CREDITORS

Amounts falling due within one year

7

319,318

266,603

NET CURRENT ASSETS

243,257

145,632

TOTAL ASSETS LESS CURRENT LIABILITIES

283,611

186,128

CREDITORS

Amounts falling due after more than one year

8

(30,975

)

(59,404

)

PROVISIONS FOR LIABILITIES

(10,089

)

(10,316

)

NET ASSETS

242,547

116,408

CAPITAL AND RESERVES

Called up share capital

10

51

51

Capital redemption reserve

11

49

49

Retained earnings

11

242,447

116,308

SHAREHOLDERS' FUNDS

242,547

116,408

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 July 2026 and were signed by:

S Wilson - Director

1.	STATUTORY INFORMATION

Environmental Filtration Specialists 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.

Significant judgements and estimates

The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. The directors are of the opinion that due to the nature of the business, there are no critical accounting estimates or judgements used in the preparation of these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the rendering of independent consulting engineering services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged to profit or loss over the estimated useful economic lives, as follows:

Improvements to Property - 36.36% straight line

Plant & Machinery - 20% straight line

Fixtures & Fittings - 20% straight line

Motor Vehicles - 25% reducing balance

Computer Equipment - 33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined, which is the higher of its fair value less costs to sell and its value in use.

Any impairment loss is recognised immediately as an expense within profit or loss.

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

Trade and other debtors/creditors

Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances and call deposits

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

For financial assets that are measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated future cash flows discounted at the assets original effective interest rate. If a financial asset has a variable interest rate, the discount rate of measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the assets carrying amount and the best estimate of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

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

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.

Provisions

A provision is recognised when the company has a legal or constructive obligation as a result of a past event and it is probable that an outflow of economic benefits will be required to settle the obligation.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 November 2024

-

8,769

10,781

Additions

10,417

2,323

2,667

At 31 October 2025

10,417

11,092

13,448

DEPRECIATION

At 1 November 2024

-

5,515

7,489

Charge for year

3,788

1,431

1,759

At 31 October 2025

3,788

6,946

9,248

NET BOOK VALUE

At 31 October 2025

6,629

4,146

4,200

At 31 October 2024

-

3,254

3,292

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

51,473

9,198

80,221

Additions

-

1,256

16,663

At 31 October 2025

51,473

10,454

96,884

DEPRECIATION

At 1 November 2024

19,247

7,474

39,725

Charge for year

8,056

1,771

16,805

At 31 October 2025

27,303

9,245

56,530

NET BOOK VALUE

At 31 October 2025

24,170

1,209

40,354

At 31 October 2024

32,226

1,724

40,496

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

Motor

vehicles

£

COST

At 1 November 2024

and 31 October 2025

50,473

DEPRECIATION

At 1 November 2024

and 31 October 2025

18,431

NET BOOK VALUE

At 31 October 2025

32,042

At 31 October 2024

32,042

5.

STOCKS

31.10.25

31.10.24

£

£

Stocks

151,700

29,849

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

130,999

90,325

Other debtors

2,499

2,249

Directors' current accounts

39,132

-

S455 Tax Recoverable

13,207

-

Prepayments and accrued income

18,480

5,233

204,317

97,807

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts (see note 9)

21,919

21,919

Hire purchase contracts

10,803

14,554

Trade creditors

102,844

88,256

Tax

63,660

12,998

VAT

30,967

43,816

Other creditors

1,437

1,857

Directors' current accounts

-

874

Accruals & deferred income

87,688

82,329

319,318

266,603

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans (see note 9)

24,029

41,654

Hire purchase contracts

6,946

17,750

30,975

59,404

9.

LOANS

An analysis of the maturity of loans is given below:

31.10.25

31.10.24

£

£

Amounts falling due within one year or on demand:

Bank loans

21,919

21,919

Amounts falling due between one and two years:

Bank loans - 1-2 years

21,919

21,919

Amounts falling due between two and five years:

Bank loans - 2-5 years

2,110

19,735

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

17

Ordinary A

£1

-

-

51

Ordinary B

£1

51

51

51

51

11.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 November 2024

116,308

49

116,357

Profit for the year

152,639

152,639

Dividends

(26,500

)

(26,500

)

At 31 October 2025

242,447

49

242,496

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.10.25

31.10.24

£

£

S Wilson

Balance outstanding at start of year

(873

)

(3,122

)

Amounts advanced

79,008

76,797

Amounts repaid

(39,003

)

(74,548

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39,132

(873

)

13.	RELATED PARTY DISCLOSURES

Directors remuneration including pensions amounted to £35,430 (2024: £30,930).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Environmental Filtration Specialists Limited for the year ended 31 October 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of Environmental Filtration Specialists Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Environmental Filtration Specialists Limited and state those matters that we have agreed to state to the director of Environmental Filtration Specialists Limited in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Environmental Filtration Specialists Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Environmental Filtration Specialists Limited. You consider that Environmental Filtration Specialists Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Environmental Filtration Specialists Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

McAllisters

Paxton House

11 Woodside Crescent

Charing Cross

Glasgow

G3 7UL

28 July 2026