Company Registration No. SC336922 (Scotland)
Metro Lift Services Limited
Unaudited accounts
for the year ended 31 January 2026
Metro Lift Services Limited
Unaudited accounts
Contents
Metro Lift Services Limited
Company Information
for the year ended 31 January 2026
Company Number
SC336922 (Scotland)
Registered Office
5 Colla Gardens
Bishopbriggs
Glasgow
G64 1UY
Scotland
Metro Lift Services Limited
Statement of financial position
as at 31 January 2026
Tangible assets
11,739
14,994
Cash at bank and in hand
12,378
-
Creditors: amounts falling due within one year
(30,163)
(30,258)
Net current assets
21,210
33,400
Total assets less current liabilities
32,949
48,394
Creditors: amounts falling due after more than one year
-
(2,582)
Provisions for liabilities
Deferred tax
(2,230)
(2,848)
Called up share capital
1
1
Profit and loss account
30,718
42,963
Shareholders' funds
30,719
42,964
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2026 and were signed on its behalf by
Brian W Forde
Director
Company Registration No. SC336922
Metro Lift Services Limited
Notes to the Accounts
for the year ended 31 January 2026
Metro Lift Services Limited is a private company, limited by shares, registered in Scotland, registration number SC336922. The registered office is 5 Colla Gardens, Bishopbriggs, Glasgow, G64 1UY , Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention and in accordance with the provisions of FRS 102 Section 1A Small Entities.
The director has considered the impact of Covid - 19 and concludred that the entity is a going concern and assets are carried at fair value.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and Work in Progress
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Metro Lift Services Limited
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2025
29,003
22,555
51,558
At 31 January 2026
29,003
22,555
51,558
At 1 February 2025
19,138
17,426
36,564
Charge for the year
1,973
1,282
3,255
At 31 January 2026
21,111
18,708
39,819
At 31 January 2026
7,892
3,847
11,739
At 31 January 2025
9,865
5,129
14,994
Amounts falling due within one year
Other debtors
22,075
1,692
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
2,739
10,628
Trade creditors
17,149
14,256
Taxes and social security
15,805
17,004
Loans from directors
(5,530)
(11,630)
7
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
During the year the Director overdrawn Loan Account decreased from £17,614 to £11,630
Metro Lift Services Limited
Notes to the Accounts
for the year ended 31 January 2026
10
Average number of employees
During the year the average number of employees was 3 (2025: 3).