REGISTERED NUMBER: SC257963 (Scotland)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Crd International Transport Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountant

5

DIRECTORS:

Mr R T Docherty

Mrs C Docherty

SECRETARY:

Mrs C Docherty

REGISTERED OFFICE:

6 Dunchurch Road

Paisley

Renfrewshire

PA1 3JW

REGISTERED NUMBER:

SC257963 (Scotland)

ACCOUNTANT:

Braehead Accountants & Taxation Services Ltd

Unit 4

Station Road Ind Estate

Station Crescent

Renfrew

Renfrewshire

PA4 8RA

BANKERS:

The Royal Bank of Scotland

29 Cross Artherlie Street

Barrhead

Glasgow

G78 1QY

FIXED ASSETS

Tangible assets

4

122,695

163,594

CURRENT ASSETS

Debtors

5

-

8,922

Cash at bank

27,455

38,646

27,455

47,568

CREDITORS

Amounts falling due within one year

6

192,199

204,921

NET CURRENT LIABILITIES

(164,744

)

(157,353

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(42,049

)

6,241

CREDITORS

Amounts falling due after more than one year

7

(23,039

)

(50,615

)

PROVISIONS FOR LIABILITIES

(18,256

)

(18,256

)

NET LIABILITIES

(83,344

)

(62,630

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(83,444

)

(62,730

)

SHAREHOLDERS' FUNDS

(83,344

)

(62,630

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

Mr R T Docherty - Director

1.	STATUTORY INFORMATION

Crd International Transport 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.

Plant and Machinery

-

25% on reducing balance

Office Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

Machinery

Equipment

vehicles

Totals

£

£

£

£

COST

At 1 December 2024

and 30 November 2025

21,016

6,471

411,304

438,791

DEPRECIATION

At 1 December 2024

20,016

6,115

249,066

275,197

Charge for year

250

89

40,560

40,899

At 30 November 2025

20,266

6,204

289,626

316,096

NET BOOK VALUE

At 30 November 2025

750

267

121,678

122,695

At 30 November 2024

1,000

356

162,238

163,594

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

-

8,922

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts

17,389

32,667

Trade creditors

9,999

14,613

Tax

41,990

46,302

Social security and other taxes

1,358

-

VAT

28,144

25,774

Pension creditor

-

173

Directors' current accounts

65,308

60,381

Accrued expenses

28,011

25,011

192,199

204,921

In 2003, the company granted a floating charge in favour of Excel-a-Rate Business Solutions Limited in relation to all monies due to Excel-a-Rate Business Solutions Limited.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 1-2 years

4,372

14,560

Hire purchase contracts

18,667

36,055

23,039

50,615

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Hire purchase contracts

36,056

68,722

Hire purchase creditors are secured over the assets concerned.

9.	ULTIMATE CONTROLLING PARTY

The company is under the day to day control of its directors.

The following reproduces the text of the report prepared for the directors 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 Directors 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 year 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, I 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 me.

Braehead Accountants & Taxation Services Ltd

Unit 4

Station Road Ind Estate

Station Crescent

Renfrew

Renfrewshire

PA4 8RA

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