REGISTERED NUMBER: 14429484 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Scott Trade Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

D J Scott

REGISTERED OFFICE:

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

REGISTERED NUMBER:

14429484 (England and Wales)

ACCOUNTANTS:

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

FIXED ASSETS

Intangible assets

4

11,754

13,394

Tangible assets

5

14,703

17,941

26,457

31,335

CURRENT ASSETS

Stocks

6

11,266

10,500

Debtors

7

2,991

2,594

Cash at bank

11,321

12,599

25,578

25,693

CREDITORS

Amounts falling due within one year

8

30,474

17,471

NET CURRENT (LIABILITIES)/ASSETS

(4,896

)

8,222

TOTAL ASSETS LESS CURRENT LIABILITIES

21,561

39,557

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

21,461

39,457

21,561

39,557

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 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 31 July 2026 and were signed by:

D J Scott - Director

1.	STATUTORY INFORMATION

Scott Trade 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 2023, 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 each asset over its estimated useful life.

Fixtures, fittings & equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office & computer 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

16,400

AMORTISATION

At 1 November 2024

3,006

Amortisation for year

1,640

At 31 October 2025

4,646

NET BOOK VALUE

At 31 October 2025

11,754

At 31 October 2024

13,394

5.	TANGIBLE FIXED ASSETS

Fixtures,

Office &

fittings

Motor

computer

& equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

16,767

6,699

1,144

24,610

DEPRECIATION

At 1 November 2024

4,295

1,941

433

6,669

Charge for year

1,871

1,189

178

3,238

At 31 October 2025

6,166

3,130

611

9,907

NET BOOK VALUE

At 31 October 2025

10,601

3,569

533

14,703

At 31 October 2024

12,472

4,758

711

17,941

6.

STOCKS

31.10.25

31.10.24

£

£

Stocks

11,266

10,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

2,991

2,594

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

203

-

Taxation and social security

26,700

14,507

Other creditors

3,571

2,964

30,474

17,471

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

D J Scott

Balance outstanding at start of year

(41

)

(9

)

Amounts advanced

93,681

36,963

Amounts repaid

(94,000

)

(36,995

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(360

)

(41

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2025 set out on pages two to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

Date: .............................................