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Company Registration No. SC410854 (Scotland)
Skotia Ltd Unaudited accounts for the year ended 30 November 2025
Skotia Ltd Unaudited accounts Contents
Page
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Skotia Ltd Statement of financial position as at 30 November 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
(1)
(1)
Current assets
Inventories
9,422 
672 
Debtors
- 
34,585 
Cash at bank and in hand
1,031 
3,507 
10,453 
38,764 
Creditors: amounts falling due within one year
8,877 
(17,047)
Net current assets
19,330 
21,717 
Total assets less current liabilities
19,329 
21,716 
Creditors: amounts falling due after more than one year
(5,236)
(9,310)
Net assets
14,093 
12,406 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,993 
12,306 
Shareholders' funds
14,093 
12,406 
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 13 July 2026 and were signed on its behalf by
Konstantinos Andreopoulos Director Company Registration No. SC410854
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Skotia Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Skotia Ltd is a private company, limited by shares, registered in Scotland, registration number SC410854. The registered office is 32 Parklands Crescent,, Dalgety Bay,, Dunfermline, Scotland, KY11 9FN, United Kingdom.
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.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2024
3,642 
At 30 November 2025
3,642 
Depreciation
At 1 December 2024
3,643 
At 30 November 2025
3,643 
Net book value
At 30 November 2025
(1)
At 30 November 2024
(1)
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
34,585 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
(6,346)
- 
Taxes and social security
9,857 
21,887 
Other creditors
(12,388)
(4,840)
(8,877)
17,047 
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Skotia Ltd Notes to the Accounts for the year ended 30 November 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,236 
9,310 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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