REGISTERED NUMBER: 08261696 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Scale Model Shop Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Sandells

A Sandells

Ms M Sandells

REGISTERED OFFICE:

Unit 2 White Rose Mill

Holdsworth Road

Halifax

West Yorkshire

HX3 6SN

REGISTERED NUMBER:

08261696 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Intangible assets

4

4,500

5,000

Tangible assets

5

7,915

6,962

12,415

11,962

CURRENT ASSETS

Stocks

248,866

234,062

Debtors

6

-

7,907

Cash at bank

183,010

114,969

431,876

356,938

CREDITORS

Amounts falling due within one year

7

129,190

79,752

NET CURRENT ASSETS

302,686

277,186

TOTAL ASSETS LESS CURRENT LIABILITIES

315,101

289,148

CAPITAL AND RESERVES

Called up share capital

200

2

Retained earnings

314,901

289,146

315,101

289,148

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 20 July 2026 and were signed on its behalf by:

J Sandells - Director

1.	STATUTORY INFORMATION

Scale Model Shop Limited is a private company, limited by shares , registered in England and Wales. 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

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 2024, 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 the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and equipment

-

25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

5,000

AMORTISATION

Charge for year

500

At 31 October 2025

500

NET BOOK VALUE

At 31 October 2025

4,500

At 31 October 2024

5,000

5.	TANGIBLE FIXED ASSETS

Fixtures

and

equipment

£

COST

At 1 November 2024

11,936

Additions

3,155

At 31 October 2025

15,091

DEPRECIATION

At 1 November 2024

4,974

Charge for year

2,202

At 31 October 2025

7,176

NET BOOK VALUE

At 31 October 2025

7,915

At 31 October 2024

6,962

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

7,763

Directors' loan accounts

-

144

-

7,907

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

41,824

25,631

Tax

21,950

6,067

Social security and other taxes

1,445

-

Pensions account

290

-

Klama Account

864

-

VAT

28,035

20,376

Pay Pal Account

-

27,678

Directors' loan accounts

33,282

-

Accrued expenses

1,500

-

129,190

79,752

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.10.25

31.10.24

£

£

Within one year

30,000

-