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REGISTERED NUMBER: SC355138 (Scotland)











Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Scott Annison Ltd

Scott Annison Ltd (Registered number: SC355138)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Scott Annison Ltd

Company Information
for the year ended 31 March 2025







DIRECTOR: S Annison





REGISTERED OFFICE: 118 Mid Stocket Road
Aberdeen
AB15 5JA





REGISTERED NUMBER: SC355138 (Scotland)





ACCOUNTANTS: Grampian Accounting
3 Prospect Place
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6SY

Scott Annison Ltd (Registered number: SC355138)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 30,108 31,720

CURRENT ASSETS
Stocks 44,883 5,098
Debtors 5 53,937 82,998
Cash at bank 72,720 57,754
171,540 145,850
CREDITORS
Amounts falling due within one year 6 64,274 53,433
NET CURRENT ASSETS 107,266 92,417
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,374

124,137

CREDITORS
Amounts falling due after more than one
year

7

4,166

-
NET ASSETS 133,208 124,137

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 133,207 124,136
133,208 124,137

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Scott Annison Ltd (Registered number: SC355138)

Balance Sheet - continued
31 March 2025


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 4 May 2025 and were signed by:





S Annison - Director


Scott Annison Ltd (Registered number: SC355138)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Scott Annison Ltd 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.

Stocks
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 is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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
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.

Scott Annison Ltd (Registered number: SC355138)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 90,701
Additions 7,097
Disposals (583 )
At 31 March 2025 97,215
DEPRECIATION
At 1 April 2024 58,981
Charge for year 8,709
Eliminated on disposal (583 )
At 31 March 2025 67,107
NET BOOK VALUE
At 31 March 2025 30,108
At 31 March 2024 31,720

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 696 13,076
Other debtors 53,241 69,922
53,937 82,998

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 11,667 21,667
Hire purchase contracts 4,166 -
Trade creditors 10,545 15,002
Taxation and social security 31,903 11,394
Other creditors 5,993 5,370
64,274 53,433

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 4,166 -

Scott Annison Ltd (Registered number: SC355138)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

8. RELATED PARTY DISCLOSURES

During the year the company entered into transactions with Trade Secrets Ltd, a related party under common ownership with Scott Annison Ltd. As at 31 March 2023 the total due from the related party was £33,848.67 (2022 - £33,848.67).