REGISTERED NUMBER: SC308418 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

S C COMMERCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Gatherum

K L Hedge

Dr D Macaskill

J Perry

M Preston

N Price

D Reilly

K Johnson

R Payne

M E Smedley

A Wilson

K Cartin

F Ford

L Laughland

A A Logan

J C Mair

A K Mccauley

P Poddar

J Weston

SECRETARY:

L Bennie

REGISTERED OFFICE:

Building 372, Ground Floor

22-27 Alpha Freight

Glasgow Prestwick International Airport

Prestwick

KA9 2QA

REGISTERED NUMBER:

SC308418 (Scotland)

AUDITORS:

Galbraith Pritchards

Chartered Accountants & Statutory Auditor

20 Barns Street

Ayr

Ayrshire

KA7 1XA

FIXED ASSETS

Tangible assets

4

2,238

2,717

CURRENT ASSETS

Debtors

5

5,386

1,010

Cash at bank

221,914

187,767

227,300

188,777

CREDITORS

Amounts falling due within one year

6

14,108

72,361

NET CURRENT ASSETS

213,192

116,416

TOTAL ASSETS LESS CURRENT LIABILITIES

215,430

119,133

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

7

215,429

119,132

215,430

119,133

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 8 September 2025 and were signed on its behalf by:

Dr D Macaskill - Director

1.	STATUTORY INFORMATION

S C Commerce 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.

S C Commerce Limited is a wholly owned subsidiary of Scottish Care whose registered office is Bld 372, Ground Floor Offices, 22-27 Alpha Freight, Glasgow Prestwick Airport, Prestwick. KA9 2QA.

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 the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

A review of impairment is carried out at each reporting date. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

FINANCIAL INSTRUMENTS

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PROVISIONS

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

5,470

10,594

16,064

Additions

-

1,801

1,801

At 31 March 2025

5,470

12,395

17,865

DEPRECIATION

At 1 April 2024

5,470

7,877

13,347

Charge for year

-

2,280

2,280

At 31 March 2025

5,470

10,157

15,627

NET BOOK VALUE

At 31 March 2025

-

2,238

2,238

At 31 March 2024

-

2,717

2,717

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

2,103

65

Prepayments

3,283

945

5,386

1,010

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

2,149

68,267

VAT

254

154

Accruals and deferred income

11,705

3,940

14,108

72,361

7.

RESERVES

Retained

earnings

£

At 1 April 2024

119,132

Profit for the year

96,297

At 31 March 2025

215,429

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Marguerite Roos BAcc CA (Senior Statutory Auditor)

for and on behalf of Galbraith Pritchards

9.	RELATED PARTY DISCLOSURES

10.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Scottish Care.