REGISTERED NUMBER: SC378533 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Remac Utility Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W Jones

Mr R M Thomas

Mr K D Tilston

Ms T A Woolley

REGISTERED OFFICE:

124 Muirhall Terrace

Salsburgh

Shotts

ML7 4LX

REGISTERED NUMBER:

SC378533 (Scotland)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Intangible assets

4

-

3

Tangible assets

5

4,483

7,759

4,483

7,762

CURRENT ASSETS

Stocks

26,748

28,146

Debtors

6

28,842

25,934

Cash at bank and in hand

95,945

94,196

151,535

148,276

CREDITORS

Amounts falling due within one year

7

58,413

62,554

NET CURRENT ASSETS

93,122

85,722

TOTAL ASSETS LESS CURRENT LIABILITIES

97,605

93,484

PROVISIONS FOR LIABILITIES

1,121

1,913

NET ASSETS

96,484

91,571

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

96,284

91,371

SHAREHOLDERS' FUNDS

96,484

91,571

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 July 2026 and were signed on its behalf by:

Mr W Jones - Director

1.	STATUTORY INFORMATION

Remac Utility Services 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.

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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

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

Goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 equipment 25% reducing balance

Motor vehicles 25% reducing balance

Stocks

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

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

3

AMORTISATION

Charge for year

3

At 31 December 2025

3

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

3

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

41,156

Disposals

(21,283

)

At 31 December 2025

19,873

DEPRECIATION

At 1 January 2025

33,397

Charge for year

1,494

Eliminated on disposal

(19,501

)

At 31 December 2025

15,390

NET BOOK VALUE

At 31 December 2025

4,483

At 31 December 2024

7,759

There is a fixed and floating charge over the property held in CIG Group Properties Ltd in favour of Santander bank. There is also a floating charge in favour of Mr CC and Mrs WK Stockton over the property, relating to the purchase of the shares in CIG Group companies.

The property owned by CIG Group Properties Ltd is rented by Remac Utility Services Ltd and therefore the company is affected by this security.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

24,412

21,192

Other debtors

4,430

4,742

28,842

25,934

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

7,129

8,773

Amounts owed to group undertakings

42,598

41,216

Taxation and social security

5,810

10,669

Other creditors

2,876

1,896

58,413

62,554

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

10,000

10,000

Between one and five years

28,333

38,333

38,333

48,333

9.	RELATED PARTY DISCLOSURES

All transactions with 100% group companies have been concluded under normal market conditions and accordingly no disclosure of these transactions has been made.

KRY Holdings Ltd is 100% shareholder of:

Commercial & Industrial Gauges Limited

F. & A. Dunbar Limited

Remac Utility Services Ltd

Vernon Morris Utility Solutions Limited

CIG Group Properties Ltd

Within creditors at the year end are the following balances with group companies

Commercial & Industrial Gauges Limited £42,598 (2024 - £41,216).

10.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of KRY Holdings Ltd.

The ultimate controlling party is the directors of KRY Holdings Ltd acting in concert.