NR RETAIL (UK) LTD - Filleted accounts

Registered number

SC470113

NR RETAIL (UK) LTD

Filleted Accounts

31 March 2025

NR RETAIL (UK) LTD
Registered number:		SC470113
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		2,068			3,087
Tangible assets	4		1,267			1,689
			3,335			4,776

Current assets
Stocks		79,510			80,120
Debtors	5	-			65
Cash at bank and in hand		10,409			11,284
		89,919			91,469

Creditors: amounts falling due within one year	6	(35,505)			(29,427)

Net current assets			54,414			62,042

Total assets less current liabilities			57,749			66,818

Creditors: amounts falling due after more than one year	7		(14,167)			(24,190)

Provisions for liabilities			-			-


Net assets			43,582			42,628

Capital and reserves
Called up share capital			-			-
Share premium			2			2
Profit and loss account			43,580			42,626

Shareholder's funds			43,582			42,628

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




MOHAMMED NADEEM IQBAL
Director
Approved by the board on 7 October 2025

NR RETAIL (UK) LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at 10% reducing balance.


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.



2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			5		5


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					34,381
	Additions					-
	Disposals					-
	At 31 March 2025					34,381

	Amortisation
	At 1 April 2024					31,294
	Provided during the year					1,019
	On disposals					-
	At 31 March 2025					32,313

	Net book value
	At 31 March 2025					2,068
	At 31 March 2024					3,087



4	Tangible fixed assets
		Fixtures & Fittings				Total
£			£
	Cost
	At 1 April 2024	29,995				29,995
	Additions	-				-
	Surplus on revaluation	-				-
	Disposals	-				-
	At 31 March 2025	29,995				29,995

	Depreciation
	At 1 April 2024	28,306				28,306
	Charge for the year	422				422
	Surplus on revaluation	-				-
	On disposals	-				-
	At 31 March 2025	28,728				28,728

	Net book value
	At 31 March 2025	1,267				1,267
	At 31 March 2024	1,689				1,689



5	Debtors			2025		2024
£					£

	Deferred tax asset			-		-
	Other debtors			-		65
				-		65

	Amounts due after more than one year included above			-		-



6	Creditors: amounts falling due within one year			2025		2024
£					£

	Non-equity preference shares			-		-
	Bank loans and overdrafts			-		-
	Obligations under finance lease and hire purchase contracts			-		-
	Trade creditors			28,369		8,879
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			1,410		3,846
	Taxation and social security costs			5,491		6,777
	Other creditors			235		9,925
				35,505		29,427


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			14,167		24,190
	Other creditors			-		-
				14,167		24,190



8	Other information

	NR RETAIL (UK) LTD is a private company limited by shares and incorporated in Scotland. Its registered office is:
	162 DARNLEY STREET

	GLASGOW

	G41 2LL