REGISTERED NUMBER: SC560024 (Scotland)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

AB Interiors Scotland Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Ahmad

J Ahmad

REGISTERED OFFICE:

Carmichael Place

10 Lochwinnoch Road

Kilmalcolm

PA13 4DT

REGISTERED NUMBER:

SC560024 (Scotland)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan

95-107 Lancefield Street

Glasgow

Lanarkshire

G3 8HZ

FIXED ASSETS

Tangible assets

4

7,331

9,375

CURRENT ASSETS

Stocks

5,950

5,465

Cash at bank and in hand

1,171

7,216

7,121

12,681

CREDITORS

Amounts falling due within one year

5

13,665

14,490

NET CURRENT LIABILITIES

(6,544

)

(1,809

)

TOTAL ASSETS LESS CURRENT LIABILITIES

787

7,566

CREDITORS

Amounts falling due after more than one year

6

1,075

5,246

NET (LIABILITIES)/ASSETS

(288

)

2,320

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

(289

)

2,319

SHAREHOLDERS' FUNDS

(288

)

2,320

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 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 15 July 2025 and were signed on its behalf by:

Mrs A Ahmad - Director

1.	STATUTORY INFORMATION

AB Interiors Scotland Ltd 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

3,067

24,998

28,065

Additions

375

-

375

At 31 March 2025

3,442

24,998

28,440

DEPRECIATION

At 1 April 2024

1,836

16,854

18,690

Charge for year

383

2,036

2,419

At 31 March 2025

2,219

18,890

21,109

NET BOOK VALUE

At 31 March 2025

1,223

6,108

7,331

At 31 March 2024

1,231

8,144

9,375

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

374

374

Trade creditors

-

(1

)

Tax

-

1,818

Loan from AB Kitchens&Bathroom

1,960

1,500

AB Design Studio (Scot) Ltd

1,000

-

Directors' loan accounts

8,771

9,359

Accrued expenses

1,560

1,440

13,665

14,490

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bounce back loan

1,075

5,246

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

1

1

1

8.

RESERVES

Retained

earnings

£

At 1 April 2024

2,319

Deficit for the year

(2,608

)

At 31 March 2025

(289

)