Exporta Global Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC687543 (Scotland)

Audited Financial Statements for the Year Ended 31 December 2024

for

Exporta Global Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

108,398

129,761

CURRENT ASSETS

Stocks

1,166,559

1,070,406

Debtors

5

1,295,542

1,451,897

Cash at bank

145,141

163,709

2,607,242

2,686,012

CREDITORS

Amounts falling due within one year

6

(1,823,163

)

(2,182,590

)

NET CURRENT ASSETS

784,079

503,422

TOTAL ASSETS LESS CURRENT
LIABILITIES

892,477

633,183

PROVISIONS FOR LIABILITIES

(14,896

)

(16,838

)

NET ASSETS

877,581

616,345

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

876,581

615,345

877,581

616,345

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 16 September 2025 and were signed on its behalf by:

Dale Paterson - Director

1.	STATUTORY INFORMATION

Exporta Global Limited is a private company, limited by shares, domiciled in Scotland, registration number SC687543. The registered office is Anchorpoint House, Clashburn Close, Kinross KY13 8GD.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of goods in respect of product handling solutions, excluding value added tax. Sales are recognised at the point at which the goods are delivered.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost, 25% on reducing balance and 10% on cost

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

Cash and cash equivalents

Cash and cash equivalents include cash at bank and in hand and Euro foreign currency account. In the cash-flow statement, cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

227,877

Additions

38,368

At 31 December 2024

266,245

DEPRECIATION

At 1 January 2024

98,116

Charge for year

59,731

At 31 December 2024

157,847

NET BOOK VALUE

At 31 December 2024

108,398

At 31 December 2023

129,761

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

1,178,004

1,345,312

Amounts owed by group undertakings

2,888

1,293

Amounts owed by related parties

7,250

5,000

Other debtors

107,400

100,292

1,295,542

1,451,897

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

524,643

486,764

Amounts owed to group undertakings

764,847

1,003,566

Taxation and social security

463,568

490,348

Other creditors

70,105

201,912

1,823,163

2,182,590

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

The Report of the Auditors was unqualified.

Craig Clinton (Senior Statutory Auditor)

for and on behalf of Drummond Laurie CA

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Dale Paterson

Balance outstanding at start of year

33,644

-

Amounts advanced

-

33,644

Amounts repaid

(24,985

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

8,659

33,644

Daniel Paterson

Balance outstanding at start of year

-

Amounts advanced

5,848

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

5,848

-

9.	RELATED PARTY DISCLOSURES

Other loans of £Nil (2023: £75,874) relate to loans from family members and employees. Interest is payable at a rate of 3%. The total interest payment during the year was £285 (2023: £2,232).

Included within debtors is an amount of £7,250 (2023 £5,000) due from related parties.

10.	ULTIMATE PARENT ENTITY

The ultimate parent company is APGK Limited, a company incorporated in Scotland having its registered office at Anchorpoint House, Clashburn Close, Kinross, KY13 8GD.