REGISTERED NUMBER: SC471378 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

CT Retail Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Thorburn

REGISTERED OFFICE:

120 Drymen Road

Bearsden

Glasgow

G61 3RB

REGISTERED NUMBER:

SC471378 (Scotland)

ACCOUNTANTS:

McLay McAlister & McGibbon LLP

Chartered Accountants

145 St Vincent Street

Glasgow

G2 5JF

FIXED ASSETS

Intangible assets

4

19,089

20,453

Tangible assets

5

6,527

1,703

25,616

22,156

CURRENT ASSETS

Stocks

15,000

15,000

Debtors

6

58,829

66,074

Cash at bank

29,339

33,468

103,168

114,542

CREDITORS

Amounts falling due within one year

7

(97,160

)

(106,992

)

NET CURRENT ASSETS

6,008

7,550

TOTAL ASSETS LESS CURRENT LIABILITIES

31,624

29,706

CREDITORS

Amounts falling due after more than one year

8

(23,210

)

(28,777

)

PROVISIONS FOR LIABILITIES

(1,632

)

(426

)

NET ASSETS

6,782

503

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6,780

501

SHAREHOLDERS' FUNDS

6,782

503

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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

C Thorburn - Director

1.	STATUTORY INFORMATION

CT Retail 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Leasehold is being amortised evenly over its estimated useful life of twenty two years.

Tangible fixed assets

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

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

9,547

Charge for year

1,364

At 31 March 2025

10,911

NET BOOK VALUE

At 31 March 2025

19,089

At 31 March 2024

20,453

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

29,183

Additions

5,529

At 31 March 2025

34,712

DEPRECIATION

At 1 April 2024

27,480

Charge for year

705

At 31 March 2025

28,185

NET BOOK VALUE

At 31 March 2025

6,527

At 31 March 2024

1,703

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,019

2,019

Other debtors

56,810

64,055

58,829

66,074

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

46,590

42,026

Taxation and social security

27,127

37,579

Other creditors

23,443

27,387

97,160

106,992

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

23,210

28,777

9.	LEASING AGREEMENTS

At the year end the company had future operating lease commitments of £245,175 (2024: £267,750).

10.	RELATED PARTY DISCLOSURES

Included in other debtors is £53,960 (2024: £61,205) due from the director. The loan is interest free and repayable on demand.