REGISTERED NUMBER: SC649619 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

PROCAST ENERGY SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D D Innes

REGISTERED OFFICE:

Procast

4 Alness Street

Hamilton

ML3 6RU

REGISTERED NUMBER:

SC649619 (Scotland)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

2,332

3,109

CURRENT ASSETS

Debtors

5

1,626,232

3,210,807

Cash at bank

212,796

2,351

1,839,028

3,213,158

CREDITORS

Amounts falling due within one year

6

1,496,011

3,201,977

NET CURRENT ASSETS

343,017

11,181

TOTAL ASSETS LESS CURRENT LIABILITIES

345,349

14,290

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

345,247

14,188

345,349

14,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 6 September 2026 and were signed by:

Mr D D Innes - Director

1.	STATUTORY INFORMATION

Procast Energy Services 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 equipment - 25% 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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

10,166

DEPRECIATION

At 1 April 2025

7,057

Charge for year

777

At 31 March 2026

7,834

NET BOOK VALUE

At 31 March 2026

2,332

At 31 March 2025

3,109

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

as restated

£

£

Trade debtors

131,648

2,947,724

Other debtors

1,351,355

46,083

Value added tax

114,221

196,375

Prepayments and accrued income

29,008

20,625

1,626,232

3,210,807

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

as restated

£

£

Trade creditors

828,606

2,627,136

Corporation tax

115,539

31

Other creditors

405,044

150,126

Accruals and deferred income

146,822

424,684

1,496,011

3,201,977

7.	RELATED PARTY DISCLOSURES

Included in other debtors is £1,239,770.85 (2025 - £2,741,393) owed from a company under common control.

Included in other creditors are balances of £138,111.02, (2025 - £1,365,496), £110,065.15 (2025 - £90,820) and £858.00 (2025 - Nil). These balances are due to companies under common control.

8.	POST BALANCE SHEET EVENTS

In April 2026, the Group underwent a reorganisation and as a result of which Procast Ltd became the immediate parent company of Procast Energy Services Ltd. Additionally, Procast Holdings Limited, the immediate parent company of Procast Ltd, became the ultimate parent company of the Group.