REGISTERED NUMBER: SC625569 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Carbon MPS Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P M Devine

Mr G Gray

Mr R Green

Mr S A Simpson

Mr C R Yule

REGISTERED OFFICE:

28 Albyn Place

Aberdeen

AB10 1YL

REGISTERED NUMBER:

SC625569 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

217,737

128,131

CURRENT ASSETS

Stocks

358,809

283,807

Debtors

5

356,601

303,275

Cash at bank

415,317

349,387

1,130,727

936,469

CREDITORS

Amounts falling due within one year

6

833,850

820,026

NET CURRENT ASSETS

296,877

116,443

TOTAL ASSETS LESS CURRENT LIABILITIES

514,614

244,574

CREDITORS

Amounts falling due after more than one year

7

(410,580

)

(117,229

)

PROVISIONS FOR LIABILITIES

(17,307

)

(25,115

)

NET ASSETS

86,727

102,230

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

86,527

102,030

86,727

102,230

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 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 28 September 2026 and were signed on its behalf by:

Mr C R Yule - Director

1.	STATUTORY INFORMATION

Carbon MPS 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.

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.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on cost, 15% on cost and 10% on cost

Motor vehicles

-

25% on reducing balance and 20% on reducing balance

Computer equipment

-

33% on 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 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.

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 18 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

31,258

39,249

104,307

17,601

192,415

Additions

-

118,397

-

3,279

121,676

At 31 March 2026

31,258

157,646

104,307

20,880

314,091

DEPRECIATION

At 1 April 2025

3,126

9,975

40,670

10,513

64,284

Charge for year

3,126

8,668

15,695

4,581

32,070

At 31 March 2026

6,252

18,643

56,365

15,094

96,354

NET BOOK VALUE

At 31 March 2026

25,006

139,003

47,942

5,786

217,737

At 31 March 2025

28,132

29,274

63,637

7,088

128,131

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

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

88,240

DEPRECIATION

At 1 April 2025

28,890

Charge for year

14,838

At 31 March 2026

43,728

NET BOOK VALUE

At 31 March 2026

44,512

At 31 March 2025

59,350

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

212,138

226,495

Other debtors

144,463

76,780

356,601

303,275

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,775

10,462

Hire purchase contracts

8,111

8,111

Trade creditors

281,001

463,664

Amounts owed to group undertakings

50,445

50,445

Taxation and social security

256,278

204,561

Other creditors including lease liability

176,240

82,783

Deferred income

60,000

-

833,850

820,026

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

1,762

Hire purchase contracts

49,031

57,142

Other creditors including lease liability

122,535

58,325

Deferred income

239,014

-

410,580

117,229

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Carbon Group (U.K.) Limited.