| Registered Number:SC403846 |
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
For the year ended 31 March 2025
Retail Spark Connect Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Retail Spark Connect Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
302,399
344,007
2
30,058
29,939
3
332,338
374,065
| Trade and other receivables |
605,403
944,581
4
382,515
| Cash and cash equivalents |
50,295
994,876
987,918
| Trade and other payables: amounts falling due within one |
| year |
(989,436)
(1,063,094)
5
(1,518)
(68,218)
Net current liabilities
| Total assets less current liabilities |
264,120
372,547
| Trade and other payables: amounts falling due after more |
| than one year |
(348,451)
(222,596)
6
41,524
Net assets
24,096
100
100
41,424
23,996
41,524
24,096
Shareholders' funds
| For the year ended 31 March 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 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 17 November 2025 and were signed by: |
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For the year ended 31 March 2025
Retail Spark Connect Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2025
Retail Spark Connect Ltd
Notes to the Financial Statements
Statutory Information
| Retail Spark Connect Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC403846. |
83 Princes Street
Edinburgh
EH2 2ER
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Investment property
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 2. Property, plant and equipment |
Motor vehicles
595,719
63,191
422,577
109,951
16,741
8,946
7,795
-
109,951
430,372
72,137
612,460
| Provision for depreciation and impairment |
251,712
44,156
156,270
51,286
Charge for year
58,349
6,995
45,419
5,935
310,061
51,151
201,689
57,221
52,730
228,683
20,986
302,399
58,665
266,307
19,035
344,007
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For the year ended 31 March 2025
Retail Spark Connect Ltd
Notes to the Financial Statements Continued
| 3. Investments held as fixed assets |
30,058
30,058
1,917
1,917
(2,036)
(2,036)
29,939
29,939
29,939
29,939
30,058
30,058
| 4. Trade and other receivables |
2024
2025
894,018
576,458
50,563
28,945
605,403
944,581
| Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment. |
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
6,507
-
731,735
655,146
| Taxation and social security |
306,506
315,944
18,346
18,346
1,063,094
989,436
| Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
4 of 5
For the year ended 31 March 2025
Retail Spark Connect Ltd
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
222,596
348,451
| 7. Directors advances and guarantees |
| 8. Average number of persons employed |
During the year the average number of employees was 7 (2024 : 5)
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