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REGISTERED NUMBER: SC519518 (Scotland)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

McGuire Transport (Scotland) Ltd.

McGuire Transport (Scotland) Ltd. (Registered number: SC519518)

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

McGuire Transport (Scotland) Ltd.

Company Information

for the Year Ended 31 October 2025

| DIRECTOR: | S C McGuire

| SECRETARY: |

| REGISTERED OFFICE: | 37 Stoneyflatt Road

| Dumbarton

| G82 3HH

| REGISTERED NUMBER: | SC519518 (Scotland)

| ACCOUNTANTS: | Accountants Plus

| Chartered Certified Accountants

| Second Floor

| Airbles House

| 270 Airbles Road

| Motherwell

| ML1 3AT

McGuire Transport (Scotland) Ltd. (Registered number: SC519518)

Balance Sheet

31 October 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 545,024 |  | 506,364 |  |

CURRENT ASSETS

Debtors | 5 | 9,695 |  | 36,732 |  |

Cash at bank | 233,299 |  | 366,520 |  |

242,994 |  | 403,252 |  |

CREDITORS

Amounts falling due within one year | 6 | 185,414 |  | 197,759 |  |

NET CURRENT ASSETS | 57,580 |  | 205,493 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 602,604 |  | 711,857 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (103,929 | ) | (193,647 | ) |

PROVISIONS FOR LIABILITIES | 10 | (113,965 | ) | (126,591 | ) |

NET ASSETS | 384,710 |  | 391,619 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 384,708 |  | 391,617 |  |

384,710 |  | 391,619 |  |

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 director acknowledges his 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.

McGuire Transport (Scotland) Ltd. (Registered number: SC519518)

Balance Sheet - continued

31 October 2025

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 director and authorised for issue on 4 August 2026 and were signed by:

S C McGuire - Director

McGuire Transport (Scotland) Ltd. (Registered number: SC519518)

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| McGuire Transport (Scotland) 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.

| 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 creditors are measured at transaction price, less any impairment. 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.

McGuire Transport (Scotland) Ltd. (Registered number: SC519518)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| 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 8 (2024 - 7 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 November 2024 | 1,068,597 |  |

| Additions | 220,334 |  |

| At 31 October 2025 | 1,288,931 |  |

| DEPRECIATION

| At 1 November 2024 | 562,233 |  |

| Charge for year | 181,674 |  |

| At 31 October 2025 | 743,907 |  |

| NET BOOK VALUE

| At 31 October 2025 | 545,024 |  |

| At 31 October 2024 | 506,364 |  |

McGuire Transport (Scotland) Ltd. (Registered number: SC519518)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Other debtors | 9,695 |  | - |  |

| VAT | - |  | 36,732 |  |

9,695 |  | 36,732 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans and overdrafts (see note 8) | 5,834 |  | 10,000 |  |

| Hire purchase contracts | 68,035 |  | 69,679 |  |

| Trade creditors | 2 |  | 695 |  |

| Tax | 81,097 |  | 98,384 |  |

| Social security and other taxes | 6,238 |  | 17,323 |  |

| Pension creditor | - |  | 178 |  |

| VAT | 22,363 |  | - |  |

| Accrued expenses | 1,845 |  | 1,500 |  |

185,414 |  | 197,759 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans (see note 8) | - |  | 5,834 |  |

| Hire purchase contracts | 103,456 |  | 148,515 |  |

| Directors' loan accounts | 473 |  | 39,298 |  |

103,929 |  | 193,647 |  |

8. | LOANS

| An analysis of the maturity of loans is given below:

| 31.10.25 |  | 31.10.24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 5,834 |  | 10,000 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 5,834 |  |

McGuire Transport (Scotland) Ltd. (Registered number: SC519518)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.10.25 |  | 31.10.24

£ | £ |

| Hire purchase contracts | 171,491 |  | 218,194 |  |

| Hire purchase contracts are secured on the assets to which they relate.

10. | PROVISIONS FOR LIABILITIES

| 31.10.25 |  | 31.10.24

£ | £ |

| Deferred tax | 113,965 |  | 126,591 |  |

| Deferred |

| tax |

£ |

| Balance at 1 November 2024 | 126,591 |  |

| Provided during year | (12,626 | ) |

| Balance at 31 October 2025 | 113,965 |  |

11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

| 31.10.25 |  | 31.10.24

£ | £ |

| S C McGuire

| Balance outstanding at start of year | - |  | (76,521 | ) |

| Amounts advanced | - |  | 76,521 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

12. | TRANSITION TO FRS 102 (1A)

| During the year the company transitioned from FRS 105 to FRS 102 (section 1A). This resulted in the reserves of the company being restated from £488,299 to £391,617 in the year to 31 October 2024.