NAPIER CS LTD


Directors	NAPIER, John Ronald
	NAPIER, Ronald John


Company Secretary	SIMPSON, Gavin


Registered Address	24 Fairykirk Road
	Rosyth
	Dunfermline
	KY11 2QQ


Registered Number	SC628360 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		186,937		232,471
			186,937		232,471
Current assets
Debtors	4	3,577,199		3,646,025
Cash at bank and on hand		207,146		2,736
		3,784,345		3,648,761
Creditors amounts falling due within one year	5	(1,750,211)		(2,286,227)
Net current assets (liabilities)			2,034,134		1,362,534
Total assets less current liabilities			2,221,071		1,595,005
Provisions for liabilities	7		(666,256)		(248,651)
Net assets			1,554,815		1,346,354
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,554,715		1,346,254
Shareholders' funds			1,554,815		1,346,354

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 July 2026, and are signed on its behalf by:

NAPIER, Ronald John
Director
Registered Company No. SC628360

NAPIER CS LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	41		39

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 November 24	25,438	156,845	279,124	13,560	474,967
Additions	-	750	40,815	495	42,060
At 31 October 25	25,438	157,595	319,939	14,055	517,027
Depreciation and impairment
At 01 November 24	25,438	18,068	185,430	13,560	242,496
Charge for year	-	58,205	29,389	-	87,594
At 31 October 25	25,438	76,273	214,819	13,560	330,090
Net book value
At 31 October 25	-	81,322	105,120	495	186,937
At 31 October 24	-	138,777	93,694	-	232,471

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,707,304	2,889,363
Other debtors	724,344	615,025
Prepayments and accrued income	145,551	141,637
Total	3,577,199	3,646,025

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,276,941	1,522,304
Bank borrowings and overdrafts	-	131,803
Taxation and social security	105,094	79,657
Other creditors	110,573	78,802
Accrued liabilities and deferred income	257,603	473,661
Total	1,750,211	2,286,227

6.	Creditors: amounts due after one year

7.	Provisions for liabilities

	2025	2024
	£	£
Other provisions	666,256	248,651
Total	666,256	248,651