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Company Registration No. SC569758 (Scotland)
Askival West Limited Unaudited accounts for the year ended 31 March 2026
Askival West Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Askival West Limited Company Information for the year ended 31 March 2026
Directors
Daniel Gilbertson Lachlan Mackinnon
Company Number
SC569758 (Scotland)
Registered Office
Sakura Half of One Heaste Isle of Skye IV49 9BN Scotland
Accountants
Callan Accountancy 21 - 23 Woodside Place Glasgow G3 7QL
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Askival West Limited Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
282,891 
293,855 
Current assets
Debtors
5
4,221 
2,194 
Cash at bank and in hand
1,739 
17,616 
5,960 
19,810 
Creditors: amounts falling due within one year
6
(73,331)
(48,336)
Net current liabilities
(67,371)
(28,526)
Total assets less current liabilities
215,520 
265,329 
Creditors: amounts falling due after more than one year
7
(56,944)
(70,736)
Net assets
158,576 
194,593 
Capital and reserves
Called up share capital
2 
2 
Capital redemption reserve
1 
1 
Profit and loss account
158,573 
194,590 
Shareholders' funds
158,576 
194,593 
For the year ending 31 March 2026 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 3 June 2026 and were signed on its behalf by
Daniel Gilbertson Director Company Registration No. SC569758
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Askival West Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Askival West Limited is a private company, limited by shares, registered in Scotland, registration number SC569758. The registered office is Sakura, Half of One Heaste, Isle of Skye, IV49 9BN, 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.
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
etc., 25%RB, 20% SL
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
272,969 
52,057 
325,026 
At 31 March 2026
272,969 
52,057 
325,026 
Depreciation
At 1 April 2025
17,501 
13,670 
31,171 
Charge for the year
1,367 
9,597 
10,964 
At 31 March 2026
18,868 
23,267 
42,135 
Net book value
At 31 March 2026
254,101 
28,790 
282,891 
At 31 March 2025
255,468 
38,387 
293,855 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,221 
- 
Other debtors
- 
2,194 
4,221 
2,194 
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Askival West Limited Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
18,941 
18,976 
VAT
(1,165)
- 
Obligations under finance leases and hire purchase contracts
4,166 
12,500 
Trade creditors
692 
- 
Taxes and social security
18,314 
19,880 
Loans from directors
32,383 
(3,020)
73,331 
48,336 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
56,944 
70,736 
8
Transactions with related parties
During the year to 31 March 2026, the company directors, have provided a company with an interest free loan of £32,383 (2025, £0). There is no fixed terms of repayment.
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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