REGISTERED NUMBER: SC705654 (Scotland)

SCOTTS APOTHECARY LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N R Scott

A L Scott

REGISTERED OFFICE:

16 Park Road

Giffnock

Glasgow

G46 7PF

REGISTERED NUMBER:

SC705654 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

3,759

6,458

CURRENT ASSETS

Stocks

9,899

11,047

Debtors

5

2,060

7,180

Cash at bank

13,851

32,353

25,810

50,580

CREDITORS

Amounts falling due within one year

6

33,444

66,506

NET CURRENT LIABILITIES

(7,634

)

(15,926

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,875

)

(9,468

)

ACCRUALS AND DEFERRED INCOME

969

1,905

NET LIABILITIES

(4,844

)

(11,373

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(5,044

)

(11,573

)

SHAREHOLDERS' FUNDS

(4,844

)

(11,373

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 26 June 2026 and were signed on its behalf by:

N R Scott - Director

1.	STATUTORY INFORMATION

Scotts Apothecary 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.

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

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost, 25% on cost and 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 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 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.

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.

Government grants

Government grants in respect of revenue expenditure are credited to the profit and loss account in the period to which they relate. Government grants in respect of capital expenditure are treated as deferred income and credited to the profit and loss account over the estimated useful life of the assets to which they relate.

Going concern

The directors have prepared the accounts on a going concern basis, despite their being net liabilities at the balance sheet date, as the company has continued to trade and it meeting its liabilities as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

15,297

DEPRECIATION

At 1 January 2025

8,839

Charge for year

2,699

At 31 December 2025

11,538

NET BOOK VALUE

At 31 December 2025

3,759

At 31 December 2024

6,458

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

823

5,447

Other debtors

1,237

1,733

2,060

7,180

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Taxation and social security

2,630

1,858

Other creditors

30,814

64,648

33,444

66,506

7.	RELATED PARTY DISCLOSURES

At 31 December 2025, included in other creditors, is an interest free loan from the company's directors of £797 (2024, £0). There are no fixed repayment terms for this loan.