REGISTERED NUMBER: SC371817 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

Carbon Property Solutions Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Paul J R Slater

Mrs L Slater

REGISTERED OFFICE:

71 Langside Drive

Glasgow

G42 2ST

REGISTERED NUMBER:

SC371817 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Tangible assets

4

180,000

198,545

CURRENT ASSETS

Debtors

5

57,068

7,796

Cash at bank and in hand

4,326

4,998

61,394

12,794

CREDITORS

Amounts falling due within one year

6

153,386

188,871

NET CURRENT LIABILITIES

(91,992

)

(176,077

)

TOTAL ASSETS LESS CURRENT LIABILITIES

88,008

22,468

CREDITORS

Amounts falling due after more than one year

7

(55,605

)

(5,989

)

PROVISIONS FOR LIABILITIES

8

(8,629

)

(11,445

)

NET ASSETS

23,774

5,034

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

23,772

5,032

SHAREHOLDERS' FUNDS

23,774

5,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 27 July 2026 and were signed on its behalf by:

Paul J R Slater - Director

1.	STATUTORY INFORMATION

Carbon Property Solutions 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.

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.

Leasehold property

-

4% on cost

Fittings and equipment

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Grant income

Where applicable, grants from the government are recognised at their fair value where there is a reasonable assurance that the grant will be received and that the company will comply with all attached conditions. Where the grant income relates to a particular expense item, the grant income is recognised in the profit and loss account over the same period as the expense it is intended to compensate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2025 - 40 ) .

4.	TANGIBLE FIXED ASSETS

Fittings

Leasehold

and

Computer

property

equipment

equipment

Totals

£

£

£

£

COST

At 1 July 2025

and 30 June 2026

182,037

160,432

3,050

345,519

DEPRECIATION

At 1 July 2025

29,271

116,154

1,549

146,974

Charge for year

7,281

10,889

375

18,545

At 30 June 2026

36,552

127,043

1,924

165,519

NET BOOK VALUE

At 30 June 2026

145,485

33,389

1,126

180,000

At 30 June 2025

152,766

44,278

1,501

198,545

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

6,542

5,046

Amounts owed by associates

47,776

-

Other debtors

2,750

2,750

57,068

7,796

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

9,395

17,270

Trade creditors

17,346

13,032

Amounts owed to associates

-

7,224

Taxation and social security

22,343

39,924

Other creditors

104,302

111,421

153,386

188,871

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

55,605

5,989

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

8,629

11,445

Deferred

tax

£

Balance at 1 July 2025

11,445

Provided during year

(2,816

)

Balance at 30 June 2026

8,629

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2026 and 30 June 2025:

2026

2025

£

£

Paul J R Slater

Balance outstanding at start of year

-

20,001

Amounts repaid

-

(20,001

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Mrs L Slater

Balance outstanding at start of year

-

35,846

Amounts repaid

-

(35,846

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-