Tait Transport Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC653916 (Scotland)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

Tait Transport Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Tait

REGISTERED OFFICE:

1-2 Sholto Crescent

Righead Industrial Estate

Bellshill

ML74 3LX

REGISTERED NUMBER:

SC653916 (Scotland)

ACCOUNTANTS:

Key Professional Partnership Ltd

Unit 3

Morris Park

37 Rosyth Road

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

326,243

257,513

CURRENT ASSETS

Debtors

5

1,600,923

1,709,459

Cash at bank

281,469

207,359

1,882,392

1,916,818

CREDITORS

Amounts falling due within one year

6

1,498,641

1,562,370

NET CURRENT ASSETS

383,751

354,448

TOTAL ASSETS LESS CURRENT
LIABILITIES

709,994

611,961

CREDITORS

Amounts falling due after more than one year

7

(66,003

)

(73,366

)

PROVISIONS FOR LIABILITIES

(53,939

)

(36,181

)

NET ASSETS

590,052

502,414

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

590,051

502,413

590,052

502,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 21 October 2026 and were signed by:

C Tait - Director

1.	STATUTORY INFORMATION

Tait Transport Solutions 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.

Plant and machinery etc

-

25% on reducing balance

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 38 (2025 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 May 2025

117,495

295,129

412,624

Additions

-

120,427

At 30 April 2026

117,495

415,556

533,051

DEPRECIATION

At 1 May 2025

-

155,111

Charge for year

-

51,697

At 30 April 2026

-

206,808

NET BOOK VALUE

At 30 April 2026

117,495

208,748

326,243

At 30 April 2025

117,495

140,018

257,513

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

Plant and

machinery

etc

£

COST

At 1 May 2025

and 30 April 2026

29,500

DEPRECIATION

At 1 May 2025

and 30 April 2026

6,760

NET BOOK VALUE

At 30 April 2026

22,740

At 30 April 2025

22,740

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Trade debtors

1,598,085

1,706,361

Other debtors

2,838

3,098

1,600,923

1,709,459

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Bank loans and overdrafts

-

10,000

Hire purchase contracts (see note 8)

27,559

35,989

Trade creditors

937,154

783,994

Taxation and social security

503,935

390,882

Other creditors

29,993

341,505

1,498,641

1,562,370

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.26

30.4.25

£

Bank loans

833

Hire purchase contracts (see note 8)

65,170

72,533

66,003

73,366

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.4.26

30.4.25

£

Net obligations repayable:

Within one year

27,559

35,989

Between one and five years

65,170

72,533

92,729

108,522

Non-cancellable

operating leases

30.4.26

30.4.25

£

Within one year

-

13,500

Between one and five years

-

63,000

-

76,500