Lochshore Engineering Limited

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

Registered number: SC161358

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		41,244		43,707

			41,244		43,707
CURRENT ASSETS
Stocks	5	20,507		7,000
Debtors	6	13,447		3,360
Cash at bank and in hand		15,129		78,435

		49,083		88,795
Creditors: Amounts Falling Due Within One Year	7	(35,326 )		(45,486 )

NET CURRENT ASSETS (LIABILITIES)			13,757		43,309

TOTAL ASSETS LESS CURRENT LIABILITIES			55,001		87,016

NET ASSETS			55,001		87,016

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			54,901		86,916

SHAREHOLDERS' FUNDS			55,001		87,016

Page 1

Page 2

Lochshore Engineering Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Allan Nicolson

Director

26/08/2026

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

1. General Information

Lochshore Engineering Limited is a private company, limited by shares, incorporated in Scotland, registered number SC161358 . The registered office is 1c Dunlop Street, Stewarton, Ayrshire, KA3 5AS.

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 stated at cost less depreciation. 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	15%-33% straight line
Motor Vehicles	25% straight line

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2
Manufacturing	4	6

	6	8

Page 3

Page 4

Lochshore Engineering Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 December 2024	106,755	49,364	156,119
Additions	10,630	10,298	20,928
Disposals	-	(6,000 )	(6,000 )

As at 30 November 2025	117,385	53,662	171,047

Depreciation
As at 1 December 2024	82,389	30,023	112,412
Provided during the period	8,460	10,431	18,891
Disposals	-	(1,500 )	(1,500 )

As at 30 November 2025	90,849	38,954	129,803

Net Book Value
As at 30 November 2025	26,536	14,708	41,244

As at 1 December 2024	24,366	19,341	43,707

5. Stocks

	2025	2024
	£	£
Stock	20,507	7,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	13,447	3,360

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	3,027
Trade creditors	2,420	1,933
Other taxes and social security	4,895	4,790
VAT	10,517	15,973
Pension creditor	180	215
Accruals and deferred income	5,396	7,630
Director's loan account	11,918	11,918

	35,326	45,486

Page 4

Page 5

Lochshore Engineering Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	3,027
Later than one year and not later than five years	-	-

	-	3,027

	-	3,027

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 5