REGISTERED NUMBER: SC620633 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Abercorn Sinclair Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

K A Tocher

REGISTERED OFFICE:

Clyde Offices,

48 West George Street

Glasgow

G2 1BP

REGISTERED NUMBER:

SC620633 (Scotland)

ACCOUNTANTS:

One Accounting Ltd

Chartered Management Accountants

4a Glenfinlas Street

Edinburgh

Midlothian

EH3 6AQ

FIXED ASSETS

Tangible assets

4

1,255

2,004

CURRENT ASSETS

Debtors

5

12,135

8,800

Cash at bank

20,286

46,779

32,421

55,579

CREDITORS

Amounts falling due within one year

6

33,120

34,374

NET CURRENT (LIABILITIES)/ASSETS

(699

)

21,205

TOTAL ASSETS LESS CURRENT LIABILITIES

556

23,209

PROVISIONS FOR LIABILITIES

314

501

NET ASSETS

242

22,708

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

142

22,608

SHAREHOLDERS' FUNDS

242

22,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 July 2026 and were signed by:

K A Tocher - Director

1.	STATUTORY INFORMATION

Abercorn Sinclair Ltd 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

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

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

Motor vehicles

-

25% on cost

Computer equipments

-

25% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipments

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

1,869

2,667

4,536

DEPRECIATION

At 1 April 2025

428

2,104

2,532

Charge for year

468

281

749

At 31 March 2026

896

2,385

3,281

NET BOOK VALUE

At 31 March 2026

973

282

1,255

At 31 March 2025

1,441

563

2,004

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

8,160

-

Prepayments and accrued income

3,975

8,800

12,135

8,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Tax

564

7,674

Social security and other taxes

157

-

VAT

1,686

4,129

Directors' loan accounts

30,163

22,077

Accruals and deferred income

550

494

33,120

34,374

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £24,000 (2025 - £30,000) were paid to the director .

At the year end the company was due the director £30,162 (2025: £22,077). This loan is interest free.