REGISTERED NUMBER: SC064704 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

William Coutts Transport (Peterhead)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss L W Coutts

REGISTERED OFFICE:

Howemuir Road

Blackhills

Peterhead

Aberdeenshire

AB42 3LJ

REGISTERED NUMBER:

SC064704 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

4

179,077

200,387

Investment property

5

1,170,000

1,170,000

1,349,077

1,370,387

CURRENT ASSETS

Stocks

4,894

2,141

Debtors

6

175,548

184,854

Investments

7

391,851

352,606

Cash at bank

2,362,234

2,265,614

2,934,527

2,805,215

CREDITORS

Amounts falling due within one year

8

139,954

141,332

NET CURRENT ASSETS

2,794,573

2,663,883

TOTAL ASSETS LESS CURRENT LIABILITIES

4,143,650

4,034,270

PROVISIONS FOR LIABILITIES

73,900

57,907

NET ASSETS

4,069,750

3,976,363

CAPITAL AND RESERVES

Called up share capital

40,000

40,000

Fair value reserve

9

420,737

394,612

Retained earnings

9

3,609,013

3,541,751

SHAREHOLDERS' FUNDS

4,069,750

3,976,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 August 2026 and were signed by:

Miss L W Coutts - Director

1.	STATUTORY INFORMATION

William Coutts Transport (Peterhead) Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of services to customers. Revenue is recognised at the point services are provided.

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

-

15% on cost

Motor vehicles

-

15% on cost

Computer equipment

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

Investment property

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains where required at the rate expected to apply when the property is sold.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2025

199,348

172,649

572

372,569

Additions

-

37,558

-

37,558

Disposals

-

(27,170

)

-

(27,170

)

At 30 April 2026

199,348

183,037

572

382,957

DEPRECIATION

At 1 May 2025

133,464

38,265

453

172,182

Charge for year

20,472

27,413

115

48,000

Eliminated on disposal

-

(16,302

)

-

(16,302

)

At 30 April 2026

153,936

49,376

568

203,880

NET BOOK VALUE

At 30 April 2026

45,412

133,661

4

179,077

At 30 April 2025

65,884

134,384

119

200,387

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

1,170,000

NET BOOK VALUE

At 30 April 2026

1,170,000

At 30 April 2025

1,170,000

The investment properties were valued at fair value on 30 April 2025 by the company Director.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

94,075

98,793

Other debtors

81,473

86,061

175,548

184,854

7.	CURRENT ASSET INVESTMENTS

30.4.26

30.4.25

£

£

Listed investments

391,851

352,606

Listed investments are reported at their fair value with gains and losses reported on the income statement.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade creditors

41,970

53,096

Taxation and social security

44,640

29,024

Other creditors

53,344

59,212

139,954

141,332

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 May 2025

3,541,751

394,612

3,936,363

Profit for the year

111,987

111,987

Dividends

(18,600

)

(18,600

)

Transfer

(26,125

)

26,125

-

At 30 April 2026

3,609,013

420,737

4,029,750