Marott Graphic Services (UK) Limited

	Page
Accountant's Report	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—8

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Marott Graphic Services (UK) Limited for the year ended 31 December 2025 which comprise the profit and loss account and balance sheet from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants of Scotland, I am subject to its ethical and other professional requirements which are detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts.

This report is made solely to the Board of Directors of Marott Graphic Services (UK) Limited, as a body, in accordance with the terms of my engagement letter dated 21 May 2024. My work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts. To the fullest extent permitted by law, I do not accept responsibility to anyone other than Marott Graphic Services (UK) Limited and its Board of Directors as a body for my work or for this report.

I have not been instructed to carry out an audit or a review of the accounts of Marott Graphic Services (UK) Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the financial statements.

Michele-Ange Anderson

18/09/2026

Lothian Accounting Limited (SC556470)

3 Priory Gate

North Berwick

EH39 4SA

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Marott Graphic Services (UK) Limited

Statement of Financial Position

As At 31 December 2025

Statement of Financial Position

Registered number: SC120991

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		560,336		501,113

			560,336		501,113
CURRENT ASSETS
Stocks	5	219,774		176,467
Debtors	6	170,731		187,496
Cash at bank and in hand		767,881		792,819

		1,158,386		1,156,782
Creditors: Amounts Falling Due Within One Year	7	(120,510 )		(160,593 )

NET CURRENT ASSETS (LIABILITIES)			1,037,876		996,189

TOTAL ASSETS LESS CURRENT LIABILITIES			1,598,212		1,497,302

Creditors: Amounts Falling Due After More Than One Year	8		(107,886 )		(15,303 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(131,905 )		(116,605 )

NET ASSETS			1,358,421		1,365,394

CAPITAL AND RESERVES
Called up share capital	10		400		400
Income Statement			1,358,021		1,364,994

SHAREHOLDERS' FUNDS			1,358,421		1,365,394

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Marott Graphic Services (UK) Limited

Statement of Financial Position (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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 Income Statement.

On behalf of the board

Mr Scott Sutherland

Director

18/09/2026

The notes on pages 4 to 8 form part of these financial statements.

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Marott Graphic Services (UK) Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Marott Graphic Services (UK) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC120991 . The registered office is Spott Road Industrial Estate, Dunbar, East Lothian, EH42 1RS.

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.

The financial statements are presented in pounds sterling which is the functional currency of the company

and rounded to the nearest £.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and Buildings	50 years straight line
Leasehold	25 years straight line
Plant & Machinery	20% reducing balance
Motor Vehicles	4 years straight line
Fixtures & Fittings	20% reducing balance
Computer Equipment	3 years straight line

Residual value represents the estimated amount that would currently be obtained from the disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful economic life. During the year, the directors reviewed the depreciation method, useful economic life and residual values of motor vehicles. As a result of this review, depreciation is now charged on a straight-line basis over four years, taking into account the estimated residual value at the end of that period (2024: 25% reducing balance). This change has been accounted for prospectively as a change in accounting estimate.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.4. Leasing and Hire Purchase Contracts

The Company as lessee

Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance

Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and

Loss Account as described below.

...CONTINUED

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Marott Graphic Services (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.4. Leasing and Hire Purchase Contracts - continued

Non-financial assets

At each balance sheet date, the company reviews its tangible and intangible assets to determine whether

there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the

extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less

costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to

their present value using a pre-tax discount rate that reflects current market assessments of the time value of

money and the risks specific to the asset for which the estimates of future cash flows have not been

adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates

the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is

recognised immediately in profit or loss.

2.5. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

2.6. Financial Instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the

contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to 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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a

legally enforceable right to set off the recognised amounts and the company intends either to settle on a net

basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at

transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including creditors, are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of

business from suppliers. Amounts payable are classified as current liabilities if payment is due within one

year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised at transaction

price.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of cash or other resources received

or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the

initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as

liabilities once they are no longer at the discretion of the company.

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Marott Graphic Services (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Foreign Currencies

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise.

2.8. Taxation

Current tax

Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

2.9. Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with

banks.

2.10. Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a

past event, it is probable that the company will be required to settle that obligation and a reliable estimate

can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present

obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the

obligation.

2.11. Research and Development Expenditure Credits (RDEC)

The company applies the RDEC scheme for qualifying R&D expenditure. The gross credit is recognised as other operating income in the Profit and Loss account and is subject to Corporation Tax. RDEC is recognised when there is reasonable assurance that both the expenditure qualifies and the credit will be received from HMRC.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 9)

4. Tangible Assets

	Land & Property
	Land and Buildings	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 January 2025	531,826	23,524	162,023	93,002
Additions	-	-	18,987	135,000
Disposals	-	-	(19,113 )	(93,002 )

As at 31 December 2025	531,826	23,524	161,897	135,000

...CONTINUED

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Marott Graphic Services (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	154,762	2,137	118,988	42,314
Provided during the period	10,637	941	7,583	16,770
Disposals	-	-	(8,866 )	(46,752 )

As at 31 December 2025	165,399	3,078	117,705	12,332

Net Book Value
As at 31 December 2025	366,427	20,446	44,192	122,668

As at 1 January 2025	377,064	21,387	43,035	50,688


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	63,702	39,400	913,477
Additions	-	279	154,266
Disposals	-	-	(112,115 )

As at 31 December 2025	63,702	39,679	955,628

Depreciation
As at 1 January 2025	57,471	36,692	412,364
Provided during the period	1,246	1,369	38,546
Disposals	-	-	(55,618 )

As at 31 December 2025	58,717	38,061	395,292

Net Book Value
As at 31 December 2025	4,985	1,618	560,336

As at 1 January 2025	6,231	2,708	501,113

5. Stocks

	2025	2024
	£	£
Stock	219,774	176,467

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	130,052	162,947
Prepayments and accrued income	9,744	9,059
Other debtors	25,717	722
VAT	5,218	14,768

	170,731	187,496

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Marott Graphic Services (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	11,133	52,668
Trade creditors	38,082	30,466
Corporation tax	36,034	15,677
Other taxes and social security	5,726	13,591
Other creditors	3,862	23,830
Accruals and deferred income	22,530	19,001
Directors' loan accounts	3,143	5,360

	120,510	160,593

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	95,498	-
Other creditors	12,388	15,303

	107,886	15,303

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,133	52,668
Later than one year and not later than five years	95,498	-

	106,631	52,668

	106,631	52,668

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	400	400

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