REGISTERED NUMBER: SC312065 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

James Coyle Motor Engineers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Gunning

Mrs D Gunning

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC312065 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

13,946

18,392

CURRENT ASSETS

Debtors

5

145,606

111,337

Cash at bank

102,540

102,674

248,146

214,011

CREDITORS

Amounts falling due within one year

6

202,167

137,579

NET CURRENT ASSETS

45,979

76,432

TOTAL ASSETS LESS CURRENT LIABILITIES

59,925

94,824

CREDITORS

Amounts falling due after more than one year

7

(56,971

)

(81,717

)

PROVISIONS FOR LIABILITIES

8

(2,638

)

(4,578

)

NET ASSETS

316

8,529

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

216

8,429

SHAREHOLDERS' FUNDS

316

8,529

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 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 31 July 2026 and were signed on its behalf by:

G Gunning - Director

1.	STATUTORY INFORMATION

James Coyle Motor Engineers 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.

Turnover represents net invoiced sale of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

36,364

1,800

3,897

42,061

DEPRECIATION

At 1 November 2024

20,976

270

2,423

23,669

Charge for year

3,847

230

369

4,446

At 31 October 2025

24,823

500

2,792

28,115

NET BOOK VALUE

At 31 October 2025

11,541

1,300

1,105

13,946

At 31 October 2024

15,388

1,530

1,474

18,392

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

36,685

23,781

Other debtors

108,921

87,556

145,606

111,337

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

15,747

12,512

Hire purchase contracts

8,998

8,166

Trade creditors

48,001

27,803

Taxation and social security

15,516

19,718

Other creditors

113,905

69,380

202,167

137,579

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

56,971

72,719

Hire purchase contracts

-

8,998

56,971

81,717

8.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

2,638

4,578

Deferred

tax

£

Balance at 1 November 2024

4,578

Provided during year

(1,940

)

Balance at 31 October 2025

2,638

9.	RELATED PARTY DISCLOSURES

At 31/10/2025, James Coyle Motor Engineers Ltd was owed £105,651 (PY - £84,701) from G-Motor Tech Holdings, the companies share directors.

At 31/10/2025, James Coyle Motor Engineers Ltd owed £102,805 (PY - £59,463) to Tollcross Tyres & MOT Ltd, the companies share directors.