REGISTERED NUMBER: SC587754 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Uniconn (Scotland) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J J Lawson

Ms N M Lawson

Mr M F MacLeod

Mr J F Marshall

REGISTERED OFFICE:

Uniconn Building Blackness Avenue

Altens Industrial Estate

Aberdeen

AB12 3PG

REGISTERED NUMBER:

SC587754 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

996,432

1,119,708

CURRENT ASSETS

Stocks

22,149

24,122

Debtors

5

1,071,086

947,434

Cash at bank and in hand

67,367

57,475

1,160,602

1,029,031

CREDITORS

Amounts falling due within one year

6

1,568,943

1,536,908

NET CURRENT LIABILITIES

(408,341

)

(507,877

)

TOTAL ASSETS LESS CURRENT LIABILITIES

588,091

611,831

CREDITORS

Amounts falling due after more than one year

7

(501,360

)

(751,761

)

PROVISIONS FOR LIABILITIES

(13,709

)

(30,000

)

NET ASSETS/(LIABILITIES)

73,022

(169,930

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

72,922

(170,030

)

73,022

(169,930

)

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

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

Mr M F MacLeod - Director

Mr J J Lawson - Director

1.	STATUTORY INFORMATION

Uniconn (Scotland) 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.

Tangible fixed assets

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

Improvements to property

-

15% on cost

Plant and machinery

-

25% on cost and 10% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Included within tangible fixed assets are assets held under hire purchase agreements with a net book value of £727,929 (2024: £796,215). The depreciation charge in respect of these assets for the year was £108,146 (2024: £63,134).

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 23 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 August 2024

7,261

1,524,999

30,127

15,937

1,578,324

Additions

-

46,160

-

39,861

86,021

Disposals

-

(21,070

)

-

-

(21,070

)

At 31 July 2025

7,261

1,550,089

30,127

55,798

1,643,275

DEPRECIATION

At 1 August 2024

805

431,772

17,009

9,030

458,616

Charge for year

1,090

174,924

4,319

10,628

190,961

Eliminated on disposal

-

(2,734

)

-

-

(2,734

)

At 31 July 2025

1,895

603,962

21,328

19,658

646,843

NET BOOK VALUE

At 31 July 2025

5,366

946,127

8,799

36,140

996,432

At 31 July 2024

6,456

1,093,227

13,118

6,907

1,119,708

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

645,715

511,375

Other debtors

425,371

436,059

1,071,086

947,434

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

25,439

51,027

Hire purchase contracts

161,112

162,477

Trade creditors

410,086

546,427

Taxation and social security

307,577

172,487

Other creditors

664,729

604,490

1,568,943

1,536,908

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

19,023

79,796

Hire purchase contracts

370,337

503,965

Trade creditors

112,000

168,000

501,360

751,761

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

44,462

130,823

Other creditors

369,856

389,418

414,318

520,241

There is a fixed charge and floating charge held over the assets of the company.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

£

Mr J J Lawson

Balance outstanding at start of year

76,087

50,902

Amounts advanced

10,227

30,335

Amounts repaid

(20,000

)

(5,150

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

66,314

76,087

Mr M F MacLeod

Balance outstanding at start of year

3,335

1,910

Amounts advanced

6,000

1,425

Amounts repaid

(15,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,665

)

3,335

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director who owns 100% of the share capital.