REGISTERED NUMBER: SC461570 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

Clyde Company (Scotland) Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTOR:

Mr W Haddad

REGISTERED OFFICE:

3 Dava Street

Glasgow

G51 2JA

REGISTERED NUMBER:

SC461570 (Scotland)

ACCOUNTANTS:

Burgoyne Carey

Chartered Accountants

Pavilion 2

3 Dava Street

Broomloan Road

Glasgow

G51 2JA

FIXED ASSETS

Tangible assets

4

9,702

1,596

CURRENT ASSETS

Stocks

5

132,000

115,000

Debtors

6

36,537

26,894

Cash at bank and in hand

55,544

45,983

224,081

187,877

CREDITORS

Amounts falling due within one year

7

80,695

95,201

NET CURRENT ASSETS

143,386

92,676

TOTAL ASSETS LESS CURRENT LIABILITIES

153,088

94,272

CREDITORS

Amounts falling due after more than one year

8

73,693

36,349

NET ASSETS

79,395

57,923

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

79,394

57,922

SHAREHOLDERS' FUNDS

79,395

57,923

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 22 September 2026 and were signed by:

Mr W Haddad - Director

1.	STATUTORY INFORMATION

Clyde Company (Scotland) Ltd 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 represents amounts invoiced during the year net, exclusive of Value Added Tax.

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

-

25% on cost

Computer equipment

-

25% 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.

HIRE PURCHASE AND LEASING COMMITMENTS

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 17 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2024

60,083

11,482

71,565

Additions

12,935

-

12,935

At 31 October 2025

73,018

11,482

84,500

DEPRECIATION

At 1 November 2024

58,487

11,482

69,969

Charge for year

4,829

-

4,829

At 31 October 2025

63,316

11,482

74,798

NET BOOK VALUE

At 31 October 2025

9,702

-

9,702

At 31 October 2024

1,596

-

1,596

5.

STOCKS

2025

2024

£

£

Stocks

132,000

115,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,585

2,585

Amounts owed by associates

100

100

VAT

33,852

24,209

36,537

26,894

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

26,135

16,666

Trade creditors

29,247

42,179

Credit card

-

(2

)

Tax

4,764

6,155

Social security and other taxes

2,934

3,020

Pensions

1,133

1,165

Directors' loan accounts

540

13,581

Accrued expenses

15,942

12,437

80,695

95,201

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

20,000

16,456

Bank loans - 2-5 years

53,693

19,893

73,693

36,349

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

Mr W Haddad

Balance outstanding at start of year

(13,581

)

(10,542

)

Amounts advanced

13,041

1,461

Amounts repaid

-

(4,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(540

)

(13,581

)