REGISTERED NUMBER: SC296661 (Scotland)

UCVO TRADING LIMITED

Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Ross

L Mcfall

D E Morrison

REGISTERED OFFICE:

41 Airport Road

Balivanich

Isle of Benbecula

HS7 5LA

REGISTERED NUMBER:

SC296661 (Scotland)

ACCOUNTANTS:

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

FIXED ASSETS

Tangible assets

5

23,749

23,635

CURRENT ASSETS

Debtors

6

6,675

12,802

Cash at bank and in hand

49,160

58,881

55,835

71,683

CREDITORS

Amounts falling due within one year

7

10,517

24,762

NET CURRENT ASSETS

45,318

46,921

TOTAL ASSETS LESS CURRENT LIABILITIES

69,067

70,556

CREDITORS

Amounts falling due after more than one year

8

49,029

49,029

NET ASSETS

20,038

21,527

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

20,036

21,525

SHAREHOLDERS' FUNDS

20,038

21,527

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

A Ross - Director

1.	STATUTORY INFORMATION

UCVO Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are rounded to the nearest £1.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of rents received and of advertising and newspaper sales revenue received in the year excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% depreciation on cost

Plant and machinery

-

25% depreciation on reducing balance

Website

-

25% depreciation on cost

Computer equipment

-

25% depreciation on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and 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 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

Website

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

29,250

18,640

8,880

5,712

62,482

Additions

-

-

-

3,519

3,519

At 31 March 2025

29,250

18,640

8,880

9,231

66,001

DEPRECIATION

At 1 April 2024

9,851

18,476

6,660

3,860

38,847

Charge for year

585

41

2,220

559

3,405

At 31 March 2025

10,436

18,517

8,880

4,419

42,252

NET BOOK VALUE

At 31 March 2025

18,814

123

-

4,812

23,749

At 31 March 2024

19,399

164

2,220

1,852

23,635

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,901

12,265

Other debtors

774

537

6,675

12,802

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

360

694

Amounts owed to group undertakings

2,520

2,520

Taxation and social security

288

353

Other creditors

7,349

21,195

10,517

24,762

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to group undertakings

49,029

49,029

9.

PARENT

The company is a wholly owned subsidiary of UCVO.

UCVO is registered in Scotland.

Company Number: SC508374.

Registered address: 41 Airport Road

Balivanich

Isle of Benbecula

HS7 5LA

At the balance sheet date the company owed its parent charity the sum of £51,549 There is no interest on the outstanding loan balance and there are no fixed repayment terms in place.