REGISTERED NUMBER: SC251873 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

Rig Control Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J F Butler

P M Ross

SECRETARY:

Burnett & Company

REGISTERED OFFICE:

6 King's Gate

Aberdeen

AB15 4EJ

REGISTERED NUMBER:

SC251873 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

713,109

734,203

713,109

734,203

CURRENT ASSETS

Stocks

244,601

104,882

Debtors

6

264,931

342,968

Cash at bank and in hand

41,659

11,221

551,191

459,071

CREDITORS

Amounts falling due within one year

7

98,131

153,246

NET CURRENT ASSETS

453,060

305,825

TOTAL ASSETS LESS CURRENT LIABILITIES

1,166,169

1,040,028

CREDITORS

Amounts falling due after more than one year

8

122,089

145,372

NET ASSETS

1,044,080

894,656

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,043,080

893,656

SHAREHOLDERS' FUNDS

1,044,080

894,656

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by:

P M Ross - Director

1.	STATUTORY INFORMATION

Rig Control Products 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.

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 etc

-

15% on cost

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2025 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2025

and 30 June 2026

4,685

AMORTISATION

At 1 July 2025

and 30 June 2026

4,685

NET BOOK VALUE

At 30 June 2026

-

At 30 June 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2025

and 30 June 2026

634,024

264,160

898,184

DEPRECIATION

At 1 July 2025

-

163,981

163,981

Charge for year

-

21,094

21,094

At 30 June 2026

-

185,075

185,075

NET BOOK VALUE

At 30 June 2026

634,024

79,085

713,109

At 30 June 2025

634,024

100,179

734,203

6.

DEBTORS

30.6.26

30.6.25

£

£

Amounts falling due within one year:

Trade debtors

153,266

237,339

Other debtors

374

1,314

153,640

238,653

30.6.26

30.6.25

£

£

Amounts falling due after more than one year:

Trade debtors

111,291

104,315

Aggregate amounts

264,931

342,968

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans and overdrafts

20,135

20,135

Trade creditors

25,114

41,584

Taxation and social security

28,630

38,492

Other creditors

24,252

53,035

98,131

153,246

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans

122,089

145,372

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

41,548

64,831