Autotrade Solutions Scotland Ltd SC513416 false 2024-09-01 2025-08-31 2025-08-31 The principal activity of the company is motor vehicles retailer Digita Accounts Production Advanced 6.30.9574.0 true true SC513416 2024-09-01 2025-08-31 SC513416 2025-08-31 SC513416 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-08-31 SC513416 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 SC513416 core:Non-currentFinancialInstruments 2025-08-31 SC513416 core:Non-currentFinancialInstruments core:AfterOneYear 2025-08-31 SC513416 core:OtherPropertyPlantEquipment 2025-08-31 SC513416 bus:SmallEntities 2024-09-01 2025-08-31 SC513416 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 SC513416 bus:FilletedAccounts 2024-09-01 2025-08-31 SC513416 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC513416 bus:RegisteredOffice 2024-09-01 2025-08-31 SC513416 bus:Director1 2024-09-01 2025-08-31 SC513416 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-09-01 2025-08-31 SC513416 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC513416 core:OtherPropertyPlantEquipment 2024-09-01 2025-08-31 SC513416 core:PlantMachinery 2024-09-01 2025-08-31 SC513416 countries:Scotland 2024-09-01 2025-08-31 SC513416 2024-08-31 SC513416 core:OtherPropertyPlantEquipment 2024-08-31 SC513416 2023-09-01 2024-08-31 SC513416 2024-08-31 SC513416 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-08-31 SC513416 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 SC513416 core:Non-currentFinancialInstruments 2024-08-31 SC513416 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 SC513416 core:OtherPropertyPlantEquipment 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC513416

Autotrade Solutions Scotland Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

Autotrade Solutions Scotland Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Autotrade Solutions Scotland Ltd

Company Information

Director | Mr Derek Bavaird

Registered office | 8-10 Wilson Place East Kilbride G74 4QD

Accountants | Clyde Business Services 159 King Street Glasgow Lanarkshire G73 1BZ

Autotrade Solutions Scotland Ltd

(Registration number: SC513416)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | - | 15,874
Current assets |  |  |
Stocks | 5 | 453,485 | 465,985
Cash at bank and in hand |  | 19,514 | 1,114
|  | 472,999 | 467,099
Creditors: Amounts falling due within one year | 7 | (467,896) | (458,373)
Net current assets |  | 5,103 | 8,726
Total assets less current liabilities |  | 5,103 | 24,600
Creditors: Amounts falling due after more than one year | 7 | (4,621) | (16,950)
Net assets |  | 482 | 7,650
Capital and reserves |  |  |
Called up share capital | 8 | 1 | 1
Retained earnings |  | 481 | 7,649
Shareholders' funds |  | 482 | 7,650

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 September 2025

......................................... Mr Derek Bavaird Director

Autotrade Solutions Scotland Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
8-10 Wilson Place
East Kilbride
G74 4QD

These financial statements were authorised for issue by the director on 2 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant & machinery | 20% reducing balance

Autotrade Solutions Scotland Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Autotrade Solutions Scotland Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4 | Tangible assets

| Other tangible assets £ | Total £
Cost or valuation
At 1 September 2024 | 24,921 | 24,921
Disposals | (24,921) | (24,921)
At 31 August 2025 | - | -
Depreciation
At 1 September 2024 | 9,047 | 9,047
Eliminated on disposal | (9,047) | (9,047)
At 31 August 2025 | - | -
Carrying amount
At 31 August 2025 | - | -
At 31 August 2024 | 15,874 | 15,874

5 | Stocks

| 2025 £ | 2024 £
Finished goods and goods for resale | 453,485 | 465,985

6 | Debtors

Current | 2025 £ | 2024 £
| - | -

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Other creditors | 467,896 | 458,373

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 4,621 | 16,950

Autotrade Solutions Scotland Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 4,621 | 16,950