REGISTERED NUMBER: SC716864 (Scotland)

Unaudited Financial Statements

for the Period 1 January 2025 to 30 November 2025

for

LERWICK ENGINEERING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

5

DIRECTOR:

J R Watt

REGISTERED OFFICE:

2 Fogralea

Lerwick

Shetland

ZE1 0SE

REGISTERED NUMBER:

SC716864 (Scotland)

ACCOUNTANTS:

Russell & Co

Station House

Station Approach

East Horsley

Surrey

KT24 6QX

CURRENT ASSETS

Debtors

4

1

1

Investments

5

388,001

388,000

388,002

388,001

CREDITORS

Amounts falling due within one year

6

180,590

127,199

NET CURRENT ASSETS

207,412

260,802

TOTAL ASSETS LESS CURRENT LIABILITIES

207,412

260,802

CREDITORS

Amounts falling due after more than one year

7

133,687

186,277

NET ASSETS

73,725

74,525

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

73,724

74,524

SHAREHOLDERS' FUNDS

73,725

74,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

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 18 August 2026 and were signed by:

J R Watt - Director

1.	STATUTORY INFORMATION

Lerwick Engineering 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1

1

5.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

388,001

388,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

121,562

63,200

Other creditors

59,028

63,999

180,590

127,199

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

133,687

186,277

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 November 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Russell & Co

Station House

Station Approach

East Horsley

Surrey

KT24 6QX

Date: .............................................