1 February 2024 false No description of principal activity Taxfiler 2024.6 SC354768business:PrivateLimitedCompanyLtd2024-02-012025-01-31 SC3547682024-01-31 SC3547682024-02-012025-01-31 SC354768business:AuditExemptWithAccountantsReport2024-02-012025-01-31 SC354768business:FilletedAccounts2024-02-012025-01-31 SC3547682025-01-31 SC354768business:Director12024-02-012025-01-31 SC354768business:Director22024-02-012025-01-31 SC354768business:RegisteredOffice2024-02-012025-01-31 SC3547682024-01-31 SC354768core:WithinOneYear2025-01-31 SC354768core:WithinOneYear2024-01-31 SC354768core:AfterOneYear2025-01-31 SC354768core:AfterOneYear2024-01-31 SC354768core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 SC354768core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 SC354768core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 SC354768core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 SC354768core:PreviouslyStatedAmount2025-01-31 SC354768core:PreviouslyStatedAmount2024-01-31 SC354768business:SmallEntities2024-02-012025-01-31 SC354768countries:Scotland2024-02-012025-01-31 SC354768core:MotorVehicles2024-02-012025-01-31 SC354768core:FurnitureFittings2024-02-012025-01-31 SC354768core:ComputerEquipment2024-02-012025-01-31 SC354768core:MotorVehicles2024-01-31 SC354768core:FurnitureFittings2024-01-31 SC354768core:ComputerEquipment2024-01-31 SC354768core:MotorVehicles2025-01-31 SC354768core:FurnitureFittings2025-01-31 SC354768core:ComputerEquipment2025-01-31 SC354768business:OrdinaryShareClass12024-02-012025-01-31 SC354768business:OrdinaryShareClass12023-02-012024-01-31 SC354768business:OrdinaryShareClass22024-02-012025-01-31 SC354768business:OrdinaryShareClass22023-02-012024-01-31 SC354768business:AllOrdinaryShares2024-02-012025-01-31 SC354768business:AllOrdinaryShares2023-02-012024-01-31 SC354768core:BetweenOneFiveYears2025-01-31 SC354768core:BetweenOneFiveYears2024-01-31 SC3547682023-02-012024-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC354768 (Scotland)
STCS (SCOTLAND) LTD Unaudited accounts for the year ended 31 January 2025
STCS (SCOTLAND) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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STCS (SCOTLAND) LTD Company Information for the year ended 31 January 2025
Directors
Allan Thompson Garry Thompson
Company Number
SC354768 (Scotland)
Registered Office
UNIT 14 MURRAY COURT ARGYLE CRESCENT HILLHOUSE INDUSTRIAL EST HAMILTON LANARKSHIRE ML3 9BQ
Accountants
Mark Gray Ltd 76 Busby Road Clarkston Glasgow G76 7AU
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STCS (SCOTLAND) LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,000 
3,584 
Current assets
Debtors
5
3,289,894 
1,849,620 
Cash at bank and in hand
852 
226,286 
3,290,746 
2,075,906 
Creditors: amounts falling due within one year
6
(2,704,692)
(1,294,373)
Net current assets
586,054 
781,533 
Total assets less current liabilities
589,054 
785,117 
Creditors: amounts falling due after more than one year
7
(147,590)
(160,960)
Net assets
441,464 
624,157 
Capital and reserves
Called up share capital
8
200 
200 
Profit and loss account
441,264 
623,957 
Shareholders' funds
441,464 
624,157 
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by
Allan Thompson Director Company Registration No. SC354768
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STCS (SCOTLAND) LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
STCS (SCOTLAND) LTD is a private company, limited by shares, registered in Scotland, registration number SC354768. The registered office is UNIT 14 MURRAY COURT, ARGYLE CRESCENT HILLHOUSE INDUSTRIAL EST, HAMILTON, LANARKSHIRE, ML3 9BQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
These financial statements have been prepared in accordance with FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of Section 1A of FRS 201 have been applied other than where additional disclosure ir required to show a true and fair view. The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% SL
Fixtures & fittings
25% SL
Computer equipment
25% SL
Inventories
Inventories are stated at the lower of cost and estimated selling price less costs to complete the sale. Cost comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Inventories held for distribution at no or nominal consideration, are measured at the lower of replacement cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of inventories over its estimated selling price less costs to complete is recognised as an impairment loss in the profit and loss. Reversals of impairment losses are also recognised in the profit and loss.
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STCS (SCOTLAND) LTD Notes to the Accounts for the year ended 31 January 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Financial instruments
The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of instruments. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
14,333 
7,190 
7,414 
28,937 
Additions
4,000 
- 
- 
4,000 
At 31 January 2025
18,333 
7,190 
7,414 
32,937 
Depreciation
At 1 February 2024
10,749 
7,190 
7,414 
25,353 
Charge for the year
4,584 
- 
- 
4,584 
At 31 January 2025
15,333 
7,190 
7,414 
29,937 
Net book value
At 31 January 2025
3,000 
- 
- 
3,000 
At 31 January 2024
3,584 
- 
- 
3,584 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
729,931 
284,731 
Trade debtors
2,136,231 
1,212,173 
2,866,162 
1,496,904 
Amounts falling due after more than one year
Trade debtors
423,732 
352,716 
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STCS (SCOTLAND) LTD Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
735,782 
782,912 
Taxes and social security
1,762,086 
499,541 
Other creditors
11,714 
11,920 
Loans from directors
195,110 
- 
2,704,692 
1,294,373 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
147,590 
160,960 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Mr Allan Thompson of £1 each
100 
100 
100 Mr Garry Thompson of £1 each
100 
100 
200 
200 
9
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 January 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
55,703 
53,631 
10
Transactions with related parties
During the year, no dividends were issued.
11
Controlling party
The company was controlled by its directors throughout the year.
12
Average number of employees
During the year the average number of employees was 10 (2024: 8).
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