2010 DISTRIBUTION LTD


Directors	Linda Kell Paterson
	Anthony Wekesa
	Suzanne M Wekesa


Registered Address	60 Nasmyth Road
	Glenrothes
	KY6 2SD


Registered Number	SC381746 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		33,408		44,588
			33,408		44,588
Current assets
Debtors	5	699,248		653,695
Cash at bank and on hand		1,207		330
		700,455		654,025
Creditors amounts falling due within one year	6	(716,991)		(697,159)
Net current assets (liabilities)			(16,536)		(43,134)
Total assets less current liabilities			16,872		1,454
Creditors amounts falling due after one year	7		(46,115)		(110,197)
Provisions for liabilities			(2,056)		(3,887)
Net assets			(31,299)		(112,630)
Capital and reserves
Called up share capital			10,036		10,036
Other reserves			64		64
Profit and loss account			(41,399)		(122,730)
Shareholders' funds			(31,299)		(112,630)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 July 2026, and are signed on its behalf by:

Linda Kell Paterson
Director
Registered Company No. SC381746

2010 DISTRIBUTION LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The financial statements have been prepared on the going concern basis. The directors find it appropriate for the financial statements to be prepared on this basis despite the net liability position of the company. The company is reliant upon the continued support of the directors who have confirmed they will continue to support the company as required.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	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 and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Improvements to property - 10% on cost Plant and machinery - 25% on reducing balance Fixtures and fittings - 25% on cost Motor Vehicles - 25% on reducing balance Office equipment - 25% on reducing balance

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance leases and hire purchase contracts

Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		14

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 November 24	30,311	30,311
Disposals	(30,311)	(30,311)
Amortisation and impairment
At 01 November 24	30,311	30,311
On disposals	(30,311)	(30,311)
Net book value
At 31 October 25	-	-
At 31 October 24	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 November 24	34,523	2,361	74,401	779	28,995	141,059
Additions	-	-	-	-	483	483
At 31 October 25	34,523	2,361	74,401	779	29,478	141,542
Depreciation and impairment
At 01 November 24	31,776	2,189	37,867	765	23,874	96,471
Charge for year	1,151	43	9,134	14	1,321	11,663
At 31 October 25	32,927	2,232	47,001	779	25,195	108,134
Net book value
At 31 October 25	1,596	129	27,400	-	4,283	33,408
At 31 October 24	2,747	172	36,534	14	5,121	44,588

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	422,778	385,496
Other debtors	227,795	201,614
Prepayments and accrued income	48,675	66,585
Total	699,248	653,695

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	107,790	124,830
Bank borrowings and overdrafts	341,571	334,027
Taxation and social security	238,777	191,841
Finance lease and HP contracts	7,468	15,410
Other creditors	5,630	10,879
Accrued liabilities and deferred income	15,755	20,172
Total	716,991	697,159

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	45,499	93,802
Other creditors	616	16,395
Total	46,115	110,197