REGISTERED NUMBER: SC663851 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026

FOR

EUROPEAN TRAILER SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B J Grandison

L Grandison

Mrs Y Grandison

REGISTERED OFFICE:

Phoenix House

Phoenix Crescent

Strathclyde Business Park

Bellshill

ML4 3NJ

REGISTERED NUMBER:

SC663851 (Scotland)

ACCOUNTANT:

John Murphy & Company (Scotland) Limited

Chartered Accountants

Castle Chambers

67 Main Street

Bothwell

Lanarkshire

G71 8ER

FIXED ASSETS

Tangible assets

4

12,442

20,873

CURRENT ASSETS

Debtors

5

637,243

511,270

Cash at bank and in hand

239,300

101,405

876,543

612,675

CREDITORS

Amounts falling due within one year

6

670,523

512,083

NET CURRENT ASSETS

206,020

100,592

TOTAL ASSETS LESS CURRENT LIABILITIES

218,462

121,465

CREDITORS

Amounts falling due after more than one year

7

13,723

18,439

NET ASSETS

204,739

103,026

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

204,639

102,926

SHAREHOLDERS' FUNDS

204,739

103,026

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by:

B J Grandison - Director

1.	STATUTORY INFORMATION

European Trailer Services 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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2025

6,330

30,934

7,193

44,457

Additions

731

-

886

1,617

At 30 June 2026

7,061

30,934

8,079

46,074

DEPRECIATION

At 1 July 2025

3,624

14,178

5,782

23,584

Charge for year

1,164

7,733

1,151

10,048

At 30 June 2026

4,788

21,911

6,933

33,632

NET BOOK VALUE

At 30 June 2026

2,273

9,023

1,146

12,442

At 30 June 2025

2,706

16,756

1,411

20,873

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

Motor

vehicles

£

COST

At 1 July 2025

and 30 June 2026

30,934

DEPRECIATION

At 1 July 2025

14,178

Charge for year

7,733

At 30 June 2026

21,911

NET BOOK VALUE

At 30 June 2026

9,023

At 30 June 2025

16,756

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

599,993

473,698

VAT

33,937

35,957

Deferred tax asset

3,313

1,615

637,243

511,270

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans and overdrafts

3,498

633

Hire purchase contracts

4,710

4,323

Trade creditors

546,515

427,675

Corporation tax

55,954

9,142

Payroll taxation

2,305

1,980

Arrestments

274

144

Directors' current accounts

37,890

5,587

Accrued charges

19,377

62,599

670,523

512,083

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Hire purchase contracts

13,723

18,439

8.	DEFERRED TAX

£

Balance at 1 July 2025

(1,615

)

Provided during year

(1,698

)

Balance at 30 June 2026

(3,313

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is B J Grandison.