REGISTERED NUMBER: SC185712 (Scotland)

Financial Statements for the Year Ended 30 September 2025

for

ACCOUNT TAX LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Bradford FCCA

K A Humphries FCCA

REGISTERED OFFICE:

12 Traill Drive

Montrose

Angus

DD108SW

REGISTERED NUMBER:

SC185712 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Intangible assets

4

378,829

378,829

Tangible assets

5

5,681

12,321

384,510

391,150

CURRENT ASSETS

Stocks

13,266

21,166

Debtors

6

135,354

108,689

Cash at bank and in hand

131,656

126,914

280,276

256,769

CREDITORS

Amounts falling due within one year

7

131,573

126,206

NET CURRENT ASSETS

148,703

130,563

TOTAL ASSETS LESS CURRENT LIABILITIES

533,213

521,713

PROVISIONS FOR LIABILITIES

1,141

2,739

NET ASSETS

532,072

518,974

CAPITAL AND RESERVES

Called up share capital

18

18

Revaluation reserve

8

132,000

132,000

Retained earnings

400,054

386,956

SHAREHOLDERS' FUNDS

532,072

518,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2025 and were signed on its behalf by:

N J Bradford FCCA - Director

K A Humphries FCCA - Director

1.	STATUTORY INFORMATION

Account Tax 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

-

at varying rates on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Stock & work in progress

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving stock.

Work in Progress reflects uninvoiced work at the year end. Thus is valued at its subsequent selling price,profit is therefore recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 material 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.

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 year was 14 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 October 2024

and 30 September 2025

368,376

14,953

383,329

AMORTISATION

At 1 October 2024

and 30 September 2025

-

4,500

4,500

NET BOOK VALUE

At 30 September 2025

368,376

10,453

378,829

At 30 September 2024

368,376

10,453

378,829

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2024

34,585

26,271

36,337

97,193

Additions

-

-

1,520

1,520

Disposals

(34,585

)

(5,300

)

(1,210

)

(41,095

)

At 30 September 2025

-

20,971

36,647

57,618

DEPRECIATION

At 1 October 2024

34,585

25,333

24,954

84,872

Charge for year

-

294

7,671

7,965

Eliminated on disposal

(34,585

)

(5,105

)

(1,210

)

(40,900

)

At 30 September 2025

-

20,522

31,415

51,937

NET BOOK VALUE

At 30 September 2025

-

449

5,232

5,681

At 30 September 2024

-

938

11,383

12,321

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

115,776

91,044

Other debtors

19,578

17,645

135,354

108,689

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,246

7,519

Taxation and social security

122,912

115,758

Other creditors

1,415

2,929

131,573

126,206

8.

RESERVES

Revaluation

reserve

£

At 1 October 2024

and 30 September 2025

132,000

9.	RELATED PARTY DISCLOSURES

The company was under the control of N J Bradford and K A Humphries throughout the current and previous year. N J Bradford and K A Humphries are both directors.

During the year the company has continued to rent premises which are owned by a registered pension scheme for one of the directors, N J Bradford. Rent is payable by the company at a commercial rate as set by an independent valuer. The lease agreement is fixed for five years. It is therefore due to be renewed July 2027.