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REGISTERED NUMBER: SC387701 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CAMPBELL RETAILERS LIMITED

CAMPBELL RETAILERS LIMITED (REGISTERED NUMBER: SC387701)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAMPBELL RETAILERS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTOR: Ms J Campbell





REGISTERED OFFICE: Braefoot Store
1-2 Braefoot
Annbank
Ayr
KA6 5EH





REGISTERED NUMBER: SC387701 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

CAMPBELL RETAILERS LIMITED (REGISTERED NUMBER: SC387701)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 38,000 42,750
Tangible assets 5 85,764 92,110
123,764 134,860

CURRENT ASSETS
Stocks 6 55,659 49,061
Debtors 7 33,866 22,223
Cash at bank and in hand 94,057 49,058
183,582 120,342
CREDITORS
Amounts falling due within one year 8 68,855 51,336
NET CURRENT ASSETS 114,727 69,006
TOTAL ASSETS LESS CURRENT
LIABILITIES

238,491

203,866

PROVISIONS FOR LIABILITIES 3,648 4,454
NET ASSETS 234,843 199,412

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 234,743 199,312
SHAREHOLDERS' FUNDS 234,843 199,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CAMPBELL RETAILERS LIMITED (REGISTERED NUMBER: SC387701)

BALANCE SHEET - continued
31 March 2024


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 28 September 2024 and were signed by:





Ms J Campbell - Director


CAMPBELL RETAILERS LIMITED (REGISTERED NUMBER: SC387701)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Campbell Retailers 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

CAMPBELL RETAILERS LIMITED (REGISTERED NUMBER: SC387701)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 95,000
AMORTISATION
At 1 April 2023 52,250
Amortisation for year 4,750
At 31 March 2024 57,000
NET BOOK VALUE
At 31 March 2024 38,000
At 31 March 2023 42,750

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Motor
property property fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2023
and 31 March 2024 81,312 51,661 15,431 10,795 159,199
DEPRECIATION
At 1 April 2023 15,279 37,359 11,752 2,699 67,089
Charge for year 1,626 2,145 551 2,024 6,346
At 31 March 2024 16,905 39,504 12,303 4,723 73,435
NET BOOK VALUE
At 31 March 2024 64,407 12,157 3,128 6,072 85,764
At 31 March 2023 66,033 14,302 3,679 8,096 92,110

6. STOCKS
31.3.24 31.3.23
£    £   
Stocks 55,659 49,061

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 33,866 22,223

CAMPBELL RETAILERS LIMITED (REGISTERED NUMBER: SC387701)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 40,319 33,297
Tax 23,110 13,024
Social security and other taxes 386 771
VAT 3,440 2,694
Accrued expenses 1,600 1,550
68,855 51,336

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   

HSBC Bank PLC hold a Standard Security over the property owned by the company.

HSBC Bank PLC also hold a Floating Charge over the whole of the property (including uncalled capital) of the company.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Ms J Campbell.