ALBA EXPORT AGENCIES LTD


Director	Andrew Wilson Patton


Registered Address	10 The Kyles
	Kirkcaldy
	KY1 2QG


Registered Number	SC296041 (Scotland)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		65,337		65,404
			65,337		65,404
Current assets
Stocks		-		21,036
Debtors	4	26,683		5,234
Cash at bank and on hand		68,115		37,353
		94,798		63,623
Creditors amounts falling due within one year	5	(19,370)		(20,401)
Net current assets (liabilities)			75,428		43,222
Total assets less current liabilities			140,765		108,626
Creditors amounts falling due after one year	6		(48,979)		(53,401)
Provisions for liabilities			(24)		(37)
Net assets			91,762		55,188
Capital and reserves
Called up share capital			1		1
Profit and loss account			91,761		55,187
Shareholders' funds			91,762		55,188

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 12 May 2026, and are signed on its behalf by:

Andrew Wilson Patton
Director
Registered Company No. SC296041

ALBA EXPORT AGENCIES LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Land and Buildings - not depreciated Fixtures and Fittings - 4 years straight line Office Equipment - 4 years straight line

	Stocks and work in progress
	Stock and work in progress are valued at the lower of cost and net realisable value.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 February 25	65,210	958	1,752	67,920
At 31 January 26	65,210	958	1,752	67,920
Depreciation and impairment
At 01 February 25	-	958	1,558	2,516
Charge for year	-	-	67	67
At 31 January 26	-	958	1,625	2,583
Net book value
At 31 January 26	65,210	-	127	65,337
At 31 January 25	65,210	-	194	65,404

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	24,950	2,096
Other debtors	1,242	2,662
Prepayments and accrued income	491	476
Total	26,683	5,234

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	4,141	14,213
Taxation and social security	13,997	5,117
Other creditors	94	-
Accrued liabilities and deferred income	1,138	1,071
Total	19,370	20,401

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	48,979	53,401
Total	48,979	53,401