Scotty's Tooling Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04525723

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		118,483		125,155

			118,483		125,155
CURRENT ASSETS
Stocks		1,495		1,495
Debtors	5	23,404		28,933
Cash at bank and in hand		114,977		98,013

		139,876		128,441
Creditors: Amounts Falling Due Within One Year	6	(41,299 )		(29,026 )

NET CURRENT ASSETS (LIABILITIES)			98,577		99,415

TOTAL ASSETS LESS CURRENT LIABILITIES			217,060		224,570

Creditors: Amounts Falling Due After More Than One Year	7		(4,983 )		(21,945 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(29,162 )		(23,162 )

NET ASSETS			182,915		179,463

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			182,914		179,462

SHAREHOLDERS' FUNDS			182,915		179,463

Page 1

Page 2

Scotty's Tooling 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 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 Alistair Woolgrove

Director

19 September 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Scotty's Tooling Limited is a private company, limited by shares, incorporated in England & Wales. The company number is 04525723 and the registered office is Unit 3 Faraday Park, Portway Industrial Estate, Andover, Hampshire, England, SP10 3SA.

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 is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.

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:

Leasehold improvements	25% reducing balance
Plant and machinery	10% straight line
Motor vehicles	25% straight line
Computer equipment	33% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.

Assets acquired under hire purchase contracts are depreciated over their useful lives.

Assets acquired under finance leases are depreciated over the shorter of the lease term and 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 profit and loss account as incurred.

The rent arrangement is on a monthly rolling basis and is subject to a three-month notice period, with no formal lease agreement in place

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell.

Page 3

Page 4

Scotty's Tooling Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received.

2.7. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Page 4

Page 5

Scotty's Tooling Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

	2026	2025
Average number of employees, including directors, during the year	1	1

	1	1

4. Tangible Assets

	Land & Property
	Leasehold improvements	Plant and machinery	Motor vehicles	Computer equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	2,865	225,502	7,095	1,142	236,604
Additions	-	10,150	9,923	-	20,073

As at 31 March 2026	2,865	235,652	17,018	1,142	256,677

Depreciation
As at 1 April 2025	1,418	104,721	4,168	1,142	111,449
Provided during the period	362	23,093	3,290	-	26,745

As at 31 March 2026	1,780	127,814	7,458	1,142	138,194

Net Book Value
As at 31 March 2026	1,085	107,838	9,560	-	118,483

As at 1 April 2025	1,447	120,781	2,927	-	125,155

Included above are assets held under a finance agreement with a net book value as follows:

	2026	2025
	£	£
Motor vehicles	9,559	2,926

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	23,404	28,933

Page 5

Page 6

Scotty's Tooling Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	11,960	11,960
Bank loans and overdrafts	5,000	4,998
Other creditors	10,012	12
Taxation and social security	14,327	12,056

	41,299	29,026

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

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	4,983	16,943
Bank loans	-	5,002

	4,983	21,945

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,960	11,960
Later than one year and not later than five years	4,983	16,943

	16,943	28,903

	16,943	28,903

Page 6