REGISTERED NUMBER: SC302186 (Scotland)

Unaudited Financial Statements

for the Period 1 June 2024 to 31 December 2024

for

ENVIRONSTORE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G S Spence

A Hart

A C W Patrick

REGISTERED OFFICE:

Birchmoss Depot

Echt

Westhill

Aberdeen

AB23 6XL

REGISTERED NUMBER:

SC302186 (Scotland)

FIXED ASSETS

Tangible assets

4

106,205

118,958

CURRENT ASSETS

Stocks

4,694

2,362

Debtors

5

113,794

85,600

Cash at bank

2,949

29,042

121,437

117,004

CREDITORS

Amounts falling due within one year

6

132,524

99,312

NET CURRENT (LIABILITIES)/ASSETS

(11,087

)

17,692

TOTAL ASSETS LESS CURRENT LIABILITIES

95,118

136,650

CREDITORS

Amounts falling due after more than one year

7

-

(46,519

)

PROVISIONS FOR LIABILITIES

(26,551

)

(29,740

)

NET ASSETS

68,567

60,391

CAPITAL AND RESERVES

Called up share capital

75

75

Capital redemption reserve

25

25

Retained earnings

68,467

60,291

68,567

60,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

G S Spence - Director

1.	STATUTORY INFORMATION

Environstore 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.

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

-

25% on cost and Straight line over 8 years

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Stocks

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

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 June 2024

636,379

26,912

62,170

725,461

Additions

3,808

-

-

3,808

At 31 December 2024

640,187

26,912

62,170

729,269

DEPRECIATION

At 1 June 2024

571,260

24,881

10,362

606,503

Charge for period

6,849

646

9,066

16,561

At 31 December 2024

578,109

25,527

19,428

623,064

NET BOOK VALUE

At 31 December 2024

62,078

1,385

42,742

106,205

At 31 May 2024

65,119

2,031

51,808

118,958

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade debtors

99,863

65,630

Other debtors

13,931

19,970

113,794

85,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Bank loans and overdrafts

18,750

9,000

Hire purchase contracts

36,954

13,042

Trade creditors

36,779

58,090

Taxation and social security

31,947

15,980

Other creditors

8,094

3,200

132,524

99,312

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2024

£

£

Bank loans

-

15,000

Hire purchase contracts

-

31,519

-

46,519

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 31 May 2024:

2024

2024

£

£

G S Spence

Balance outstanding at start of period

7,927

16,500

Amounts advanced

2,052

-

Amounts repaid

(2,073

)

(8,573

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

7,906

7,927

9.	POST BALANCE SHEET EVENTS

On 4 April 2025 all of the shares in the company were sold to Cargostore Worldwide Trading Limited.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Cargostore Worldwide Trading Limited.