REGISTERED NUMBER: SC245258 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Crimond Track Shop Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C J Cartmel

Mrs K Cartmel

Mrs K Davidson

REGISTERED OFFICE:

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

REGISTERED NUMBER:

SC245258 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Intangible assets

4

399

399

Tangible assets

5

1,322

1,974

1,721

2,373

CURRENT ASSETS

Stocks

4,781

7,454

Debtors

6

74

-

Cash at bank and in hand

302

18,383

5,157

25,837

CREDITORS

Amounts falling due within one year

7

10,175

4,595

NET CURRENT (LIABILITIES)/ASSETS

(5,018

)

21,242

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,297

)

23,615

PROVISIONS FOR LIABILITIES

-

375

NET (LIABILITIES)/ASSETS

(3,297

)

23,240

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(3,299

)

23,238

SHAREHOLDERS' FUNDS

(3,297

)

23,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 21 September 2026 and were signed on its behalf by:

Mr C J Cartmel - Director

1.	STATUTORY INFORMATION

Crimond Track Shop 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

At 31 December 2025, the company's liabilities exceeded its total assets. The financial statements have been prepared on the going concern basis which assumes that the company will continue operational existence for the foreseeable future. The validity of this assumption is based upon the continued support of the shareholders.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, it would be normal policy for intangible assets to be measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangible assets comprises a cherished vehicle registration number and it is the directors view that this asset will not diminish in value and no amortisation is charged.

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

-

25% 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.

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 Statement of Income and Retained Earnings, 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 NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

399

NET BOOK VALUE

At 31 December 2025

399

At 31 December 2024

399

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

15,817

2,500

2,118

20,435

DEPRECIATION

At 1 January 2025

15,718

625

2,118

18,461

Charge for year

27

625

-

652

At 31 December 2025

15,745

1,250

2,118

19,113

NET BOOK VALUE

At 31 December 2025

72

1,250

-

1,322

At 31 December 2024

99

1,875

-

1,974

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

74

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Taxation and social security

-

232

Other creditors

10,175

4,363

10,175

4,595

8.	RELATED PARTY DISCLOSURES

Crimond Track Shop Limited is a company owned 100% by CSC Promotions Limited. During the year the company made payments to and received repayments on behalf of CSC Promotions Limited, The loan balance outstanding at the balance sheet date was £7,999 included in Other creditors (2024 - £2,422). The loan is interest free and there are no fixed repayment terms.