REGISTERED NUMBER: SC623336 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

U & N Stores Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

U Farooq

Mrs N Farooq

REGISTERED OFFICE:

Unit 3, Morris Park

37 Rosyth Road

Glasgow

G5 0YE

REGISTERED NUMBER:

SC623336 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , 37 Rosyth Road

Morris Park

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

138,310

118,020

CURRENT ASSETS

Stocks

5

91,564

88,068

Debtors

6

191,080

191,080

Cash at bank

312,178

264,957

594,822

544,105

CREDITORS

Amounts falling due within one year

7

229,219

250,945

NET CURRENT ASSETS

365,603

293,160

TOTAL ASSETS LESS CURRENT LIABILITIES

503,913

411,180

CREDITORS

Amounts falling due after more than one year

8

41,742

41,527

NET ASSETS

462,171

369,653

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

462,071

369,553

SHAREHOLDERS' FUNDS

462,171

369,653

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 29 December 2025 and were signed on its behalf by:

U Farooq - Director

1.	STATUTORY INFORMATION

U & N Stores 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.

Stocks

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

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 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

45,847

32,053

82,688

Additions

-

-

20,234

At 31 March 2025

45,847

32,053

102,922

DEPRECIATION

At 1 April 2024

22,044

14,288

35,243

Charge for year

3,570

2,664

10,152

At 31 March 2025

25,614

16,952

45,395

NET BOOK VALUE

At 31 March 2025

20,233

15,101

57,527

At 31 March 2024

23,803

17,765

47,445

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

36,000

405

196,993

Additions

27,791

-

48,025

At 31 March 2025

63,791

405

245,018

DEPRECIATION

At 1 April 2024

7,200

198

78,973

Charge for year

11,318

31

27,735

At 31 March 2025

18,518

229

106,708

NET BOOK VALUE

At 31 March 2025

45,273

176

138,310

At 31 March 2024

28,800

207

118,020

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

91,564

88,068

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Loans to JU Properties Ltd

191,080

191,080

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

61,175

62,079

Tax

36,914

42,820

Social security and other taxes

4,860

510

Pension liability

-

413

VAT

39,083

25,650

Directors' current accounts

83,562

116,348

Accrued expenses

3,625

3,125

229,219

250,945

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 9)

13,088

23,679

Hire purchase contracts

28,654

17,848

41,742

41,527

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due between two and five years:

Bank loan

13,088

23,679

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100