REGISTERED NUMBER: SC515545 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Argyle International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H Y Robertson

G Robertson

REGISTERED OFFICE:

35 Kemps End

Tranent

East Lothian

EH33 2GZ

REGISTERED NUMBER:

SC515545 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Property, plant and equipment

4

100,009

63,229

CURRENT ASSETS

Inventories

5

1,060,645

907,127

Debtors

6

842,698

961,022

Cash at bank and in hand

809,841

580,365

2,713,184

2,448,514

CREDITORS

Amounts falling due within one year

7

512,337

395,789

NET CURRENT ASSETS

2,200,847

2,052,725

TOTAL ASSETS LESS CURRENT LIABILITIES

2,300,856

2,115,954

PROVISIONS FOR LIABILITIES

133,300

218,300

NET ASSETS

2,167,556

1,897,654

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,167,456

1,897,554

SHAREHOLDERS' FUNDS

2,167,556

1,897,654

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 Income Statement 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:

G Robertson - Director

1.	STATUTORY INFORMATION

Argyle International 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

Revenue 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.

Computer software

-

100% on cost

Plant and machinery

-

Straight line over 5 years

Fixtures and fittings

-

Straight line over 5 years

Motor vehicles

-

25 % on varying methods as appropriate

Computer equipment

-

25 % on varying methods as appropriate

Stocks

Inventories 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 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.

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 14 (2024 - 13 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Computer

Plant and

and

software

machinery

fittings

£

£

£

COST

At 1 January 2025

5,252

49,383

71,095

Additions

-

1,750

50,675

At 31 December 2025

5,252

51,133

121,770

DEPRECIATION

At 1 January 2025

5,252

31,388

27,878

Charge for year

-

4,616

11,662

At 31 December 2025

5,252

36,004

39,540

NET BOOK VALUE

At 31 December 2025

-

15,129

82,230

At 31 December 2024

-

17,995

43,217

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

20,090

39,924

185,744

Additions

-

2,559

54,984

At 31 December 2025

20,090

42,483

240,728

DEPRECIATION

At 1 January 2025

19,574

38,423

122,515

Charge for year

516

1,410

18,204

At 31 December 2025

20,090

39,833

140,719

NET BOOK VALUE

At 31 December 2025

-

2,650

100,009

At 31 December 2024

516

1,501

63,229

5.	INVENTORIES

31/12/25

31/12/24

£

£

Stocks

1,060,645

907,127

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

306,953

284,885

Amounts owed by group undertakings

319,978

337,131

Other debtors

192,382

307,760

VAT

-

7,759

Prepayments

23,385

23,487

842,698

961,022

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

(13,288

)

43,949

Tax

77,707

51,340

Social security and other taxes

7,328

5,857

VAT

4,090

-

Other creditors

1,867

3,295

Directors' current accounts

393,358

280,415

Accrued expenses

41,275

10,933

512,337

395,789