SC169622 false the sale and servicing of forklift trucks 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/2024-11-30 http://www.companieshouse.gov.uk/cd:CompanySecretary1 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-11-30 http://www.companieshouse.gov.uk/cd:Director1 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-11-30 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-11-30 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-11-30 http://www.companieshouse.gov.uk/2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/2024-11-30 http://www.companieshouse.gov.uk/cd:FRS102 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/2025-11-30 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 http://www.companieshouse.gov.uk/cd:FilletedAccounts 2024-12-01 2025-11-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC169622
Law & Hamilton Plant & Equipment Ltd
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
Prepared By:
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ

Law & Hamilton Plant & Equipment Ltd

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
DIRECTORS
A Ballingall
SECRETARY
R Chalmers
REGISTERED OFFICE
Cuparmuir
By Cupar
Fife
KY15 5RL
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC169622
BANKERS
Virgin Money UK Plc
ACCOUNTANTS
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ

Law & Hamilton Plant & Equipment Ltd

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Law & Hamilton Plant & Equipment Ltd

BALANCE SHEET AT 30 November 2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 204 |  |  |  | 533
Investment Assets |  | 4 |  |  |  | 50 |  |  |  | -
|  |  |  |  |  | 254 |  |  |  | 533
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 89,867 |  |  |  | 94,136 |  |
Debtors |  | 5 |  | 63,086 |  |  |  | 57,243 |  |
Cash at bank and in hand |  |  |  | 3,681 |  |  |  | 8,982 |  |
|  |  |  | 156,634 |  |  |  | 160,361 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 67,334 |  |  |  | 72,332 |  |
NET CURRENT ASSETS |  |  |  |  |  | 89,300 |  |  |  | 88,029
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 89,554 |  |  |  | 88,562
CREDITORS: Amounts falling due after more than one year |  | 7 |  |  |  | - |  |  |  | 9,167
NET ASSETS |  |  |  |  |  | 89,554 |  |  |  | 79,395
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 30,500 |  |  |  | 30,500
Profit and loss account |  |  |  |  |  | 59,054 |  |  |  | 48,895
SHAREHOLDERS' FUNDS |  |  |  |  |  | 89,554 |  |  |  | 79,395
For the year ending 30 November 2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 5 August 2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
A Ballingall |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Law & Hamilton Plant & Equipment Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2025

1. ACCOUNTING POLICIES

1a. General Information And Basis Of Accounting
The company is limited by shares and incorporated in Scotland. The address of the registered office is given in the companyinformation on page 1 of these financial statements. The company's place of business is Cuparmuir Industrial Estate, Cuparmuir KY15 5RL.
The financial statements have been prepared in accordance with Financial Reporting Standard FRS 102 including Section 1A Small Entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. There were no material departures from that standard.
The financialstatements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise shown.

1b. Turnover
Turnover is recognised as the fair value of the consideration received or receivable for services provided in the normal course of business, net of VAT and trade discounts.

1c. Tangible Fixed Assets |  |
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Commercial Vehicles |  | straight line 25%
Equipment |  | straight line 25%

1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

1e. Cash And Cash Equivalents
Cash and cash equivalents are basic financial instruments which include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1f. Financial Instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Law & Hamilton Plant & Equipment Ltd

1g. Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

1h. Employee Benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

1i. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1j. Critical Accounting Estimates And Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period, or in the period of the revision and future periods where the revision affects both current and future periods.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 2 |  | 3

3. TANGIBLE FIXED ASSETS |  |  |  |
|  | Plant and |  |
|  | Machinery Etc. |  | Total
|  | £ |  | £
Cost |  |  |  |
At 1 December 2024 |  | 50,803 |  | 50,803
At 30 November 2025 |  | 50,803 |  | 50,803
Depreciation |  |  |  |
At 1 December 2024 |  | 50,270 |  | 50,270
For the year |  | 329 |  | 329
At 30 November 2025 |  | 50,599 |  | 50,599
Net Book Amounts |  |  |  |
At 30 November 2025 |  | 204 |  | 204
At 30 November 2024 |  | 533 |  | 533

Law & Hamilton Plant & Equipment Ltd

4. FINANCIAL ASSETS |  |  |  |
|  | Other |  |
|  | Investments |  | Total
|  | £ |  | £
Cost |  |  |  |
Additions |  | 50 |  | 50
At 30 November 2025 |  | 50 |  | 50
Amortisation |  |  |  |
Net Book Amounts |  |  |  |
At 30 November 2025 |  | 50 |  | 50

5. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year: |  |  |  |  |  |
Trade debtors |  |  |  | 61,349 |  | 56,129
Other debtors |  |  |  | 1,737 |  | 1,114
|  |  |  | 63,086 |  | 57,243

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans and overdrafts |  |  |  | 35,984 |  | 36,251
Trade creditors |  |  |  | 15,198 |  | 17,405
Taxation and social security |  |  |  | 10,862 |  | 8,669
Other creditors |  |  |  | 5,290 |  | 10,007
|  |  |  | 67,334 |  | 72,332

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans and overdrafts |  |  |  | - |  | 9,167
|  |  |  | - |  | 9,167

Law & Hamilton Plant & Equipment Ltd

8. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
30500 Ordinary shares of £1 each |  |  |  | 30500 |  | 30500
|  |  |  | 30,500 |  | 30,500

9. RELATED PARTY TRANSACTIONS
The director has provided Virgin Money UK plc with a letter of guarantee in respect of the company's overdraft to a level of £50,000.
Included in other creditors at the year end is an interest free loan from the director of £171 (2024 - £5,171). There is no fixed repayment date.