Corstorphine Gas Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC590967

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		70,134		93,192

			70,134		93,192
CURRENT ASSETS
Stocks	5	98,000		52,000
Debtors	6	75,905		93,403
Cash at bank and in hand		375,390		352,908

		549,295		498,311
Creditors: Amounts Falling Due Within One Year	7	(345,318 )		(385,022 )

NET CURRENT ASSETS (LIABILITIES)			203,977		113,289

TOTAL ASSETS LESS CURRENT LIABILITIES			274,111		206,481

Creditors: Amounts Falling Due After More Than One Year	8		(21,633 )		(43,241 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(13,458 )		(17,706 )

NET ASSETS			239,020		145,534

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			238,920		145,434

SHAREHOLDERS' FUNDS			239,020		145,534

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Corstorphine Gas Services Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Lewis Page

Director

24/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Corstorphine Gas Services Limited is a private company, limited by shares, incorporated in Scotland, registered number SC590967 . The registered office is 100f Saughton Road North, Edinburgh, EH12 7JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2025: 20)

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Corstorphine Gas Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	4,115	172,794	16,712	193,621
Additions	552	12,595	349	13,496
Disposals	-	(33,490 )	-	(33,490 )

As at 31 March 2026	4,667	151,899	17,061	173,627

Depreciation
As at 1 April 2025	2,422	91,382	6,625	100,429
Provided during the period	489	21,103	2,575	24,167
Disposals	-	(21,103 )	-	(21,103 )

As at 31 March 2026	2,911	91,382	9,200	103,493

Net Book Value
As at 31 March 2026	1,756	60,517	7,861	70,134

As at 1 April 2025	1,693	81,412	10,087	93,192

5. Stocks

	2026	2025
	£	£
Materials	40,000	20,000
Work in progress	58,000	32,000

	98,000	52,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	48,251	67,858
Other debtors	10,654	8,545

	58,905	76,403
Due after more than one year
Other debtors	17,000	17,000

	75,905	93,403

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Corstorphine Gas Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	18,821	22,140
Trade creditors	140,778	148,307
Bank loans and overdrafts	2,500	10,000
Other creditors	74,742	74,522
Taxation and social security	108,477	130,053

	345,318	385,022

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	21,633	40,741
Bank loans	-	2,500

	21,633	43,241

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	18,821	22,140
Later than one year and not later than five years	21,633	40,741

	40,454	62,881

	40,454	62,881

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

11. Related Party Transactions

The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

12. Ultimate Controlling Party

The company's ultimate controlling party is Mr Lewis Page by virtue of his ownership of 100% of the issued share capital in LJP Holdings Limited, which has 100% ownership of the company.

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