REGISTERED NUMBER: SC521756 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Equine Recovery Services Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

44,757

59,816

CURRENT ASSETS

Debtors

5

6,468

219

Cash at bank

7,734

12,577

14,202

12,796

CREDITORS

Amounts falling due within one year

6

(40,340

)

(33,590

)

NET CURRENT LIABILITIES

(26,138

)

(20,794

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,619

39,022

CREDITORS

Amounts falling due after more than one year

7

(10,127

)

(23,707

)

NET ASSETS

8,492

15,315

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,392

15,215

8,492

15,315

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 27 October 2026 and were signed on its behalf by:

S M Reed - Director

D G Reed - Director

1.	STATUTORY INFORMATION

Equine Recovery Services Ltd is a private company, limited by shares, domiciled in Scotland, registration number SC521756. The registered office address is Clayfaulds Farm, Bonnybridge, Falkirk, FK4 2HA.

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 invoiced sales of services in respect of fallen stock recovery. Sales are recognised at the point at which the service is complete and is 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

87,864

Disposals

(951

)

At 31 December 2025

86,913

DEPRECIATION

At 1 January 2025

28,048

Charge for year

14,798

Eliminated on disposal

(690

)

At 31 December 2025

42,156

NET BOOK VALUE

At 31 December 2025

44,757

At 31 December 2024

59,816

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

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

70,444

DEPRECIATION

At 1 January 2025

20,627

Charge for year

12,454

At 31 December 2025

33,081

NET BOOK VALUE

At 31 December 2025

37,363

At 31 December 2024

49,817

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

6,468

219

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

13,580

14,515

Trade creditors

3,683

64

Amounts owed to related parties

2,035

-

Taxation and social security

5,541

3,065

Other creditors

15,501

15,946

40,340

33,590

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

10,127

23,707

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

23,707

-

9.	RELATED PARTY DISCLOSURES

The company owed money to a company under common control as at 31st December 2025 - 2,035 (2024: £nil).