1 October 2024 false No description of principal activity Taxfiler 2024.6 SC432341business:PrivateLimitedCompanyLtd2024-10-012025-09-30 SC4323412024-09-30 SC4323412024-10-012025-09-30 SC432341business:AuditExemptWithAccountantsReport2024-10-012025-09-30 SC432341business:FilletedAccounts2024-10-012025-09-30 SC4323412025-09-30 SC432341business:Director12024-10-012025-09-30 SC432341business:Director22024-10-012025-09-30 SC432341business:Director32024-10-012025-09-30 SC432341business:Director42024-10-012025-09-30 SC432341business:RegisteredOffice2024-10-012025-09-30 SC4323412024-09-30 SC432341core:WithinOneYear2025-09-30 SC432341core:WithinOneYear2024-09-30 SC432341core:AfterOneYear2025-09-30 SC432341core:AfterOneYear2024-09-30 SC432341core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 SC432341core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC432341core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 SC432341core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC432341core:PreviouslyStatedAmount2025-09-30 SC432341core:PreviouslyStatedAmount2024-09-30 SC432341business:SmallEntities2024-10-012025-09-30 SC432341countries:Scotland2024-10-012025-09-30 SC432341core:PlantMachinery2024-10-012025-09-30 SC432341core:MotorVehicles2024-10-012025-09-30 SC432341core:FurnitureFittings2024-10-012025-09-30 SC432341core:ComputerEquipment2024-10-012025-09-30 SC432341core:Goodwill2024-09-30 SC432341core:Goodwill2025-09-30 SC432341core:LandBuildings2024-09-30 SC432341core:PlantMachinery2024-09-30 SC432341core:MotorVehicles2024-09-30 SC432341core:FurnitureFittings2024-09-30 SC432341core:ComputerEquipment2024-09-30 SC432341core:LandBuildings2024-10-012025-09-30 SC432341core:LandBuildings2025-09-30 SC432341core:PlantMachinery2025-09-30 SC432341core:MotorVehicles2025-09-30 SC432341core:FurnitureFittings2025-09-30 SC432341core:ComputerEquipment2025-09-30 SC432341business:OrdinaryShareClass12024-10-012025-09-30 SC432341business:OrdinaryShareClass12023-10-012024-09-30 SC4323412023-10-012024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC432341 (Scotland)
Sadco Retail Ltd Unaudited accounts for the year ended 30 September 2025
Sadco Retail Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sadco Retail Ltd Company Information for the year ended 30 September 2025
Directors
Mohammed Saleem Sadiq Asif Sadiq Waseem Sadiq Fareed Sadiq
Company Number
SC432341 (Scotland)
Registered Office
Spar Stores 198 Paisley Road Renfrew Renfrewshire PA4 8DS Scotland
Accountants
AMS Accounting Services Ltd Chartered Certified Accountants 13 Corrie Crescent Newton Mearns Glasgow United Kingdom G77 5XP
- 3 -
Sadco Retail Ltd Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
68,127 
68,127 
Tangible assets
5
350,454 
363,471 
418,581 
431,598 
Current assets
Inventories
6
31,885 
35,135 
Debtors
7
485 
485 
Cash at bank and in hand
151,967 
217,712 
184,337 
253,332 
Creditors: amounts falling due within one year
8
(107,920)
(117,503)
Net current assets
76,417 
135,829 
Total assets less current liabilities
494,998 
567,427 
Creditors: amounts falling due after more than one year
9
(462,003)
(544,002)
Net assets
32,995 
23,425 
Capital and reserves
Called up share capital
10
5,000 
5,000 
Profit and loss account
27,995 
18,425 
Shareholders' funds
32,995 
23,425 
For the year ending 30 September 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by
Mohammed Saleem Sadiq Director Company Registration No. SC432341
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Sadco Retail Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Sadco Retail Ltd is a private company, limited by shares, registered in Scotland, registration number SC432341. The registered office is Spar Stores, 198 Paisley Road, Renfrew, Renfrewshire, PA4 8DS, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
15% on reducing balance
Intangible fixed 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. Patents and licences are being amortised evenly over their estimated useful life of nil years.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
- 5 -
Sadco Retail Ltd Notes to the Accounts for the year ended 30 September 2025
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2024
68,127 
At 30 September 2025
68,127 
Amortisation
At 1 October 2024
- 
At 30 September 2025
- 
Net book value
At 30 September 2025
68,127 
At 30 September 2024
68,127 
- 6 -
Sadco Retail Ltd Notes to the Accounts for the year ended 30 September 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 October 2024
164,879 
65,375 
- 
149,319 
- 
379,573 
Additions
- 
- 
9,695 
1,609 
6,715 
18,019 
At 30 September 2025
164,879 
65,375 
9,695 
150,928 
6,715 
397,592 
Depreciation
At 1 October 2024
- 
4,903 
- 
11,199 
- 
16,102 
Charge for the year
- 
9,070 
- 
20,959 
1,007 
31,036 
At 30 September 2025
- 
13,973 
- 
32,158 
1,007 
47,138 
Net book value
At 30 September 2025
164,879 
51,402 
9,695 
118,770 
5,708 
350,454 
At 30 September 2024
164,879 
60,472 
- 
138,120 
- 
363,471 
6
Inventories
2025 
2024 
£ 
£ 
Finished goods
31,885 
35,135 
31,885 
35,135 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
485 
485 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
8,711 
16,076 
Trade creditors
78,932 
74,032 
Taxes and social security
18,602 
26,020 
Accruals
1,675 
1,375 
107,920 
117,503 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
462,003 
544,002 
10
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
5,000 Ordinary shares of £1 each
5,000 
5,000 
- 7 -
Sadco Retail Ltd Notes to the Accounts for the year ended 30 September 2025
11
Transactions with related parties
The company owes Mr M Saleem Sadiq, a director, an amount of £462,003 (2024: £544,002) as at the balance sheet date. There is no interest on this loan and no fixed date for repayment. The company owes Mr Asif Sadiq, a director, an amount of nil (2024: nil) as at the balance sheet date. There is no interest on this loan and no fixed date for repayment. The company owes Mr Waseem Sadiq, a director, an amount of nil (2024: nil) as at the balance sheet date. There is no interest on this loan and no fixed date for repayment. The company owes Mr Fareed Sadiq, a director, an amount of nil (2024: nil) as at the balance sheet date. There is no interest on this loan and no fixed date for repayment.
12
Average number of employees
During the year the average number of employees was 21 (2024: 21).
- 8 -