REGISTERED NUMBER: SC529760 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

EEUSK AND PIAZZA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C McLeod

REGISTERED OFFICE:

Ee-usk & Piazza

North Pier

OBAN

Argyll

PA34 5QD

REGISTERED NUMBER:

SC529760 (Scotland)

ACCOUNTANTS:

R A Clement Associates

5 Argyll Square

OBAN

Argyll

PA34 4AZ

FIXED ASSETS

Intangible assets

4

160,000

180,000

Tangible assets

5

4,481,705

4,267,675

Investments

6

100

-

4,641,805

4,447,675

CURRENT ASSETS

Stocks

24,200

18,000

Debtors

7

210,120

279,061

Cash at bank and in hand

630,350

216,526

864,670

513,587

CREDITORS

Amounts falling due within one year

8

367,410

528,061

NET CURRENT ASSETS/(LIABILITIES)

497,260

(14,474

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,139,065

4,433,201

CREDITORS

Amounts falling due after more than one year

9

(504,992

)

(10,075

)

PROVISIONS FOR LIABILITIES

(48,565

)

(47,507

)

NET ASSETS

4,585,508

4,375,619

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,585,408

4,375,519

SHAREHOLDERS' FUNDS

4,585,508

4,375,619

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 October 2026 and were signed by:

C McLeod - Director

1.	STATUTORY INFORMATION

Eeusk and Piazza 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

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 85 (2025 - 85 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

200,000

AMORTISATION

At 1 April 2025

20,000

Amortisation for year

20,000

At 31 March 2026

40,000

NET BOOK VALUE

At 31 March 2026

160,000

At 31 March 2025

180,000

5.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 April 2025

1,693,225

2,343,423

114,719

Additions

202,178

15,000

29,484

Disposals

-

-

-

At 31 March 2026

1,895,403

2,358,423

144,203

DEPRECIATION

At 1 April 2025

-

-

61,265

Charge for year

-

-

12,440

Eliminated on disposal

-

-

-

At 31 March 2026

-

-

73,705

NET BOOK VALUE

At 31 March 2026

1,895,403

2,358,423

70,498

At 31 March 2025

1,693,225

2,343,423

53,454

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

268,213

49,560

4,469,140

Additions

-

26,799

273,461

Disposals

-

(26,990

)

(26,990

)

At 31 March 2026

268,213

49,369

4,715,611

DEPRECIATION

At 1 April 2025

109,111

31,089

201,465

Charge for year

23,865

2,883

39,188

Eliminated on disposal

-

(6,747

)

(6,747

)

At 31 March 2026

132,976

27,225

233,906

NET BOOK VALUE

At 31 March 2026

135,237

22,144

4,481,705

At 31 March 2025

159,102

18,471

4,267,675

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

26,990

Disposals

(26,990

)

At 31 March 2026

-

DEPRECIATION

At 1 April 2025

6,747

Eliminated on disposal

(6,747

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

20,243

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

100

At 31 March 2026

100

NET BOOK VALUE

At 31 March 2026

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

73,450

276,644

Other debtors

136,670

2,417

210,120

279,061

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

5,037

4,478

Trade creditors

104,979

81,305

Taxation and social security

157,891

234,642

Other creditors

99,503

207,636

367,410

528,061

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

15,950

10,075

Other creditors

489,042

-

504,992

10,075