Company registration number SC392526 (Scotland)
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 9
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr J D Colquhoun
Secretary
Mrs T Colquhoun
Company number
SC392526
Registered office
Pardovan Works
Philipstoun
Linlithgow
West Lothian
Scotland
EH49 7TT
Accountants
Dains Accountants
169 West George Street
Glasgow
United Kingdom
G2 2LB
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 2 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
163,793
231,404
Investments
5
15,000
15,000
178,793
246,404
Current assets
Stocks
189,384
63,249
Debtors
6
501,861
298,044
Cash at bank and in hand
329,082
628,695
1,020,327
989,988
Creditors: amounts falling due within one year
7
(404,278)
(279,627)
Net current assets
616,049
710,361
Total assets less current liabilities
794,842
956,765
Creditors: amounts falling due after more than one year
8
-
0
(5,000)
Provisions for liabilities
9
(20,335)
(25,213)
Net assets
774,507
926,552
Capital and reserves
Called up share capital
11
110
110
Profit and loss reserves
774,397
926,442
Total equity
774,507
926,552

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

ABERCORN ELECTRONIC DISTRIBUTION LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 27 July 2026
Mr J D Colquhoun
Director
Company Registration No. SC392526
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
1
Accounting policies
Company information

Abercorn Electronic Distribution Limited is a private company limited by shares incorporated in Scotland. The registered office is Pardovan Works, Philipstoun, Linlithgow, West Lothian, Scotland, EH49 7TT. The company's registration number is SC392526.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Development Costs
Over ten years
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
20% straight line
Fixtures and equipment
20% straight line
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit and loss account.

ABERCORN ELECTRONIC DISTRIBUTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Fixed asset investments

Interests are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

ABERCORN ELECTRONIC DISTRIBUTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 6 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in the profit and loss account.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Total
7
7
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
3
Intangible fixed assets
Development Costs
£
Cost
At 1 April 2025 and 31 March 2026
155,165
Amortisation and impairment
At 1 April 2025 and 31 March 2026
155,165
Carrying amount
At 31 March 2026
-
0
At 31 March 2025
-
0
4
Tangible fixed assets
Leasehold improvements
Fixtures and equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2025
44,049
21,013
251,154
316,216
Additions
-
0
18,520
-
0
18,520
Disposals
-
0
(3,725)
(56,995)
(60,720)
At 31 March 2026
44,049
35,808
194,159
274,016
Depreciation and impairment
At 1 April 2025
21,034
10,027
53,751
84,812
Depreciation charged in the year
7,671
4,106
31,273
43,050
Eliminated in respect of disposals
-
0
(1,680)
(15,959)
(17,639)
At 31 March 2026
28,705
12,453
69,065
110,223
Carrying amount
At 31 March 2026
15,344
23,355
125,094
163,793
At 31 March 2025
23,015
10,986
197,403
231,404
5
Fixed asset investments
2026
2025
£
£
Other investments other than loans
15,000
15,000
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
6
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
422,795
282,749
Other debtors
79,066
15,295
501,861
298,044
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
-
0
10,000
Trade creditors
311,147
90,627
Taxation and social security
88,376
174,800
Other creditors
4,755
4,200
404,278
279,627
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
5,000
9
Provisions for liabilities
2026
2025
£
£
Deferred tax liabilities
10
20,335
25,213
10
Deferred taxation

The following are the major deferred tax liabilities recognised by the company and movements thereon:

2026
2025
Balances:
£
£
Accelerated capital allowances
20,335
25,213
ABERCORN ELECTRONIC DISTRIBUTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
10
Deferred taxation
(Continued)
- 9 -
2026
Movements in the year:
£
Liability at 1 April 2025
25,213
Credit to profit or loss
(4,878)
Liability at 31 March 2026
20,335
11
Called up share capital
2026
2025
£
£
Ordinary share capital
Issued and fully paid
100 A Ordinary shares of £1
100
100
10 B Ordinary shares of £1
10
10
110
110
12
Related party transactions
Transactions with related parties

At 31 March 2026 a balance totalling £654 (2025: £1,200 ) was due to the director. This loan is unsecured, interest free and has no fixed repayment terms.

No further transactions with related parties were undertaken such as are required to be disclosed under the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

2026-03-31 2025-04-01 false false false 27 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr J D Colquhoun Mrs T Colquhoun SC392526 2025-04-01 2026-03-31 SC392526 bus:Director1 2025-04-01 2026-03-31 SC392526 bus:CompanySecretary1 2025-04-01 2026-03-31 SC392526 bus:RegisteredOffice 2025-04-01 2026-03-31 SC392526 2026-03-31 SC392526 2025-03-31 SC392526 core:LeaseholdImprovements 2026-03-31 SC392526 core:ComputerEquipment 2026-03-31 SC392526 core:MotorVehicles 2026-03-31 SC392526 core:LeaseholdImprovements 2025-03-31 SC392526 core:ComputerEquipment 2025-03-31 SC392526 core:MotorVehicles 2025-03-31 SC392526 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 SC392526 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC392526 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 SC392526 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 SC392526 core:CurrentFinancialInstruments 2026-03-31 SC392526 core:CurrentFinancialInstruments 2025-03-31 SC392526 core:ShareCapital 2026-03-31 SC392526 core:ShareCapital 2025-03-31 SC392526 core:RetainedEarningsAccumulatedLosses 2026-03-31 SC392526 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC392526 core:ShareCapitalOrdinaryShareClass1 2026-03-31 SC392526 core:ShareCapitalOrdinaryShareClass1 2025-03-31 SC392526 core:ShareCapitalOrdinaryShareClass2 2026-03-31 SC392526 core:ShareCapitalOrdinaryShareClass2 2025-03-31 SC392526 core:ShareCapitalOrdinaryShares 2026-03-31 SC392526 core:ShareCapitalOrdinaryShares 2025-03-31 SC392526 core:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 SC392526 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2026-03-31 SC392526 core:LeaseholdImprovements 2025-04-01 2026-03-31 SC392526 core:ComputerEquipment 2025-04-01 2026-03-31 SC392526 core:MotorVehicles 2025-04-01 2026-03-31 SC392526 2024-04-01 2025-03-31 SC392526 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 SC392526 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2026-03-31 SC392526 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 SC392526 core:LeaseholdImprovements 2025-03-31 SC392526 core:ComputerEquipment 2025-03-31 SC392526 core:MotorVehicles 2025-03-31 SC392526 2025-03-31 SC392526 core:Non-currentFinancialInstruments 2026-03-31 SC392526 core:Non-currentFinancialInstruments 2025-03-31 SC392526 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC392526 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC392526 bus:FRS102 2025-04-01 2026-03-31 SC392526 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 SC392526 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP