REGISTERED NUMBER: SC480887 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Woodpark Stores Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Mitchell

G R Colvan FCCA

Mrs A Mitchell

Mrs L M Colvan

REGISTERED OFFICE:

9 Glencraig Street

Drongan

Ayr

Ayrshire

KA6 7AS

REGISTERED NUMBER:

SC480887 (Scotland)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

245,398

251,171

245,398

251,171

CURRENT ASSETS

Stocks

46,912

38,582

Debtors

6

17,773

29,051

Cash at bank and in hand

200,779

148,109

265,464

215,742

CREDITORS

Amounts falling due within one year

7

141,915

129,705

NET CURRENT ASSETS

123,549

86,037

TOTAL ASSETS LESS CURRENT LIABILITIES

368,947

337,208

CREDITORS

Amounts falling due after more than one year

8

(45,332

)

(61,648

)

PROVISIONS FOR LIABILITIES

(4,318

)

(5,040

)

NET ASSETS

319,297

270,520

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

319,295

270,518

SHAREHOLDERS' FUNDS

319,297

270,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 25 May 2026 and were signed on its behalf by:

G R Colvan FCCA - Director

1.	STATUTORY INFORMATION

Woodpark Stores 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 (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

at varying rates on cost

Plant and machinery etc

-

20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 16 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

95,000

AMORTISATION

At 1 September 2024

and 31 August 2025

95,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

250,989

90,504

341,493

Additions

-

945

945

At 31 August 2025

250,989

91,449

342,438

DEPRECIATION

At 1 September 2024

20,531

69,791

90,322

Charge for year

2,508

4,210

6,718

At 31 August 2025

23,039

74,001

97,040

NET BOOK VALUE

At 31 August 2025

227,950

17,448

245,398

At 31 August 2024

230,458

20,713

251,171

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

3,135

2,966

Other debtors

14,638

26,085

17,773

29,051

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

15,985

18,128

Trade creditors

62,084

54,036

Taxation and social security

41,888

39,573

Other creditors

21,958

17,968

141,915

129,705

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

45,332

61,648

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

9,487

19,352

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank loans

61,317

79,776

The company has provided a standard security over its heritable property and a bond & floating charge over its assets in respect of any borrowings it may have with The Royal Bank of Scotland. Bank loans within the Bounce Back Loans scheme are guaranteed by the UK Government. Equipment being acquired under hire purchase agreements form the security under the agreements.

10.	RELATED PARTY DISCLOSURES

I Mitchell, who is a director and shareholder in the company, provided interest free loan funds, repayable on demand, amounting to £2,738 (2024 £2,738).

G R Colvan, who is a director and shareholder in the company, provided interest free loan funds, repayable on demand, amounting to £2,878 (2024 £2,878).

The amounts above are included in other creditors.