Alan Scott Ltd - Filleted accounts

Registered number

14702596

Alan Scott Ltd

Filleted Accounts

31 March 2025

Alan Scott Ltd
Registered number:		14702596
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		398			469

Current assets
Stocks		74,440			80,000
Cash at bank and in hand		15			2,549
		74,455			82,549

Creditors: amounts falling due within one year	4	(127,370)			(116,661)

Net current liabilities			(52,915)			(34,112)

Net liabilities			(52,517)			(33,643)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(52,617)			(33,743)

Shareholder's funds			(52,517)			(33,643)

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.




A Scott
Director
Approved by the board on 3 December 2025

Alan Scott 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). The company is currently insolvent but continues to trade with the support of its creditors and an inter company loan from a company under the same control. The Director is actively seeking other streams of income in the coming year. The Director is also seeking outside investment to develop the company and product further.

	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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, as follows:

	Plant and machinery			15% reducing balance

	Creditors
	Short term creditors are measured at transaction price (which is 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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 April 2024							500
	At 31 March 2025							500

	Depreciation
	At 1 April 2024							31
	Charge for the year							71
	At 31 March 2025							102

	Net book value
	At 31 March 2025							398
	At 31 March 2024							469


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

	Bank loans and overdrafts					9,548		-
	Trade creditors					81,529		80,925
	Taxation and social security costs					117		1,968
	Other creditors					36,176		33,768
						127,370		116,661


5	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	A Scott
	Directors loan account	2,268		(17,084)		19,492		4,676

		2,268		(17,084)		19,492		4,676


6	Related party transactions

	A Bureau (2021) Ltd, a company under the same control, os owed £31,500 . No repayments have been made and the balance outstanding as at 31 March 2025 is £31,500.00. The loan is interest free and repayable upon demand.


7	Controlling party

	The company is controlled by its Director.


8	Other information

	Alan Scott Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	4 High Street
	Stanley
	Co Durham
	DH9 0DQ