Five Sisters Zoo Limited

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

1. General Information

Five Sisters Zoo Limited is a private company, limited by shares, incorporated in Scotland, registered number SC377723 . The registered office is Davidde, Gavieside, West Calder, West Lothian, EH55 8PT.

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 or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Freehold	5% straight line
Plant & Machinery	25% straight line
Motor Vehicles	33% straight line
Fixtures & Fittings	20% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over 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 the profit and loss account as incurred.

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

Basic financial instruments are initially recognised at transaction price, including transaction costs, and subsequently measured at amortised cost using the effective interest method, where applicable. These can include trade and other debtors, cash and bank balances, trade and other creditors, and intercompany balances. Financial assets are assessed at the end of each reporting period for evidence of impairment and adjusted if necessary. The company does not hold or issue any complex financial instruments such as derivatives.

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Five Sisters Zoo Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 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 assets reflect 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.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 71 (2024: 71)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 October 2024	1,317,940	218,158	158,383	4,022,139	5,716,620
Additions	-	7,750	24,500	147,420	179,670

As at 30 September 2025	1,317,940	225,908	182,883	4,169,559	5,896,290

Depreciation
As at 1 October 2024	447,020	186,358	108,033	3,155,523	3,896,934
Provided during the period	65,229	19,550	24,701	367,502	476,982

As at 30 September 2025	512,249	205,908	132,734	3,523,025	4,373,916

Net Book Value
As at 30 September 2025	805,691	20,000	50,149	646,534	1,522,374

As at 1 October 2024	870,920	31,800	50,350	866,616	1,819,686

5. Stocks

	2025	2024
	£	£
Stock	33,166	61,799

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Five Sisters Zoo Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	244,645	213,729
Due after more than one year
Other debtors	43,000	-

	287,645	213,729

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,043	21,977
Trade creditors	189,358	257,610
Bank loans and overdrafts	182,885	224,145
Other creditors	153,866	200,219
Taxation and social security	256,332	138,908

	792,484	842,859

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,534	5,726
Bank loans	908,224	1,014,281

	909,758	1,020,007

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	10,043	21,977
Later than one year and not later than five years	1,534	5,726

	11,577	27,703

	11,577	27,703

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Five Sisters Zoo Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

11. Related Party Transactions

The company operates a loan account with the director, Mr B Curran.

During the year, the director advanced loans totalling £15,480 to the company. At the year end, the balance due to the director was £26,735 (2024: 11,255). This loan is unsecured, interest free and has no fixed repayment terms.

The company operates a loan account with parent company, Curran and Curran Limited.

At the year end, the balance due from Curran and Curran Limited was £125,566 (2024: £125,566). This loan is unsecured, interest free and has no fixed repayment terms.

The company operates a loan account with subsidiary company, Land and Utility Limited.

During the year, the company repaid loans totalling £54,289 to Land and Utility Limited. At the year end, the balance due to Land and Utility Limited was £102,887 (2024: £157,176). This loan is unsecured, interest free and has no fixed repayment terms.

The company operates a loan account with related company, Garden Machinery Scotland Limited.

During the year, Garden Machinery Scotland Limited repaid loans totalling £1,355 to the company. At the year end, the balance due from Garden Machinery Scotland Limited was £36,972 (2024: £38,327). This loan is unsecured, interest free and has no fixed repayment terms.

The company operates a loan account with subsidiary company, RCA Garage Services Ltd.

During the year, the company advanced loans totalling £43,000 to RCA Garage Services Ltd. At the year end, the balance due from RCA Garage Services Ltd was £43,000. This loan is unsecured, interest free and has no fixed repayment terms.

12. Ultimate Controlling Party

The company's ultimate controlling parties are Brian and Shirley Curran by virtue of their ownership of 100% of the issued share capital in the parent company, Curran and Curran Limited.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,522,374		1,819,686

			1,522,374		1,819,686
CURRENT ASSETS
Stocks	5	33,166		61,799
Debtors	6	287,645		213,729
Cash at bank and in hand		242,753		128,301

		563,564		403,829
Creditors: Amounts Falling Due Within One Year	7	(792,484 )		(842,859 )

NET CURRENT ASSETS (LIABILITIES)			(228,920 )		(439,030 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,293,454		1,380,656

Creditors: Amounts Falling Due After More Than One Year	8		(909,758 )		(1,020,007 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(164,097 )		(179,580 )

NET ASSETS			219,599		181,069

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			219,499		180,969

SHAREHOLDERS' FUNDS			219,599		181,069