| Elie Retailing Ltd |
| Registered number: |
SC259626 |
| Directors' Report |
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| The directors present their report and accounts for the year ended 30 November 2025. |
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| Principal activities |
| The company's principal activity during the year continued to be the sale of newspapers, tobacco, groceries, confectionary, gifts and toys. |
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| Dividends |
| The Directors have paid a dividend of £10 per share (2024 - £20). |
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| Directors |
| The directors of the company and their interest in the shares of the company are as follows: |
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2025 |
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2024 |
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£1 Ordinary Shares |
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£1 Ordinary Shares |
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Ian McIntosh |
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50 |
|
50 |
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Catherine McIntosh |
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50 |
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50 |
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| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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| This report was approved by the board on 12 August 2026 and signed on its behalf: |
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| Catherine McIntosh |
| Secretary |
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| Elie Retailing Ltd |
| Registered number: |
SC259626 |
| Balance Sheet |
| as at 30 November 2025 |
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| Notes |
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2025 |
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|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
51,379 |
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|
51,572 |
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| Current assets |
| Stocks |
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|
22,270 |
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|
22,427 |
| Debtors |
5 |
|
6,428 |
|
|
2,717 |
| Cash at bank and in hand |
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|
37,416 |
|
|
36,252 |
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|
66,114 |
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|
61,396 |
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| Creditors: amounts falling due within one year |
6 |
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(14,949) |
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(13,666) |
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| Net current assets |
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51,165 |
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47,730 |
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| Net assets |
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102,544 |
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99,302 |
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| Capital and reserves |
| Called up share capital |
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|
100 |
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|
100 |
| Profit and loss account |
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102,444 |
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99,202 |
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| Shareholders' funds |
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102,544 |
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99,302 |
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| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act 2006 for the year ended 30 November 2025. |
| The directors acknowledge their responsibilities for preparing accounts which give a true and fair view of the state of affairs of the company as at 30 November 2025, and of its profit for the financial year, in accordance with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Statement has not been delivered to the Registrar of Companies. |
| These financial statements were approved by the board on 12 August 2026 and signed on its behalf by: |
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| Ian McIntosh |
| Director |
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| Elie Retailing Ltd |
| Notes to the Accounts |
| for the year ended 30 November 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover represents the value, net of value added tax and discounts, of newspapers, tobacco, groceries, confectionary, gifts and toys provided to customers. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
25% reducing balance |
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Motor vehicles |
25% reducing balance |
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Stocks |
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Stock consists of stationery, confectionary, toys, groceries, tobacco, magazines and cards and are included at last cost. |
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate. |
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| 2 |
Taxation |
2025 |
|
2024 |
| £ |
£ |
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Provision for Corporation Tax @ 19% (2024 - 19%) |
1,040 |
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1,509 |
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1,040 |
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1,509 |
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No provision has been made for deferred taxation as in the opinion of the director it is unlikely a liability will arise in the foreseeable future. |
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| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
3 |
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3 |
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| 4 |
Tangible fixed assets |
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Land and buildings |
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Plant and machinery etc |
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Motor vehicles |
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Total |
| £ |
£ |
£ |
£ |
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Cost |
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At 1 December 2024 |
50,798 |
|
28,088 |
|
9,176 |
|
88,062 |
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At 30 November 2025 |
50,798 |
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28,088 |
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9,176 |
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88,062 |
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Depreciation |
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At 1 December 2024 |
- |
|
27,831 |
|
8,659 |
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36,490 |
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Charge for the year |
- |
|
64 |
|
129 |
|
193 |
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At 30 November 2025 |
- |
|
27,895 |
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8,788 |
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36,683 |
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Net book value |
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At 30 November 2025 |
50,798 |
|
193 |
|
388 |
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51,379 |
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At 30 November 2024 |
50,798 |
|
257 |
|
517 |
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51,572 |
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| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
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Trade debtors |
1,564 |
|
1,291 |
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Other debtors |
4,864 |
|
1,426 |
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6,428 |
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2,717 |
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| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
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Creditors Directors' loan acccout |
5,233 |
|
4,453 |
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Trade creditors |
4,491 |
|
2,502 |
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Taxation and social security costs |
2,285 |
|
3,803 |
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Other creditors |
2,940 |
|
2,908 |
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14,949 |
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13,666 |
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The loans from the directors are interest free and no arrangements exist for their repayment. |
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| 7 |
Related party transactions |
2025 |
|
2024 |
| £ |
£ |
|
Ian McIntosh |
|
Director |
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The loan to cover the cost of the purchase of the building and fixed assets was paid off in 2023. |
|
- |
|
1,847 |
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Catherine McIntosh |
|
Director |
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The loan to cover the cost of the purchase of the building and fixed assets was paid off in 2023. |
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- |
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1,540 |
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| 8 |
Controlling party |
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The directors confirm that in their opinion , the company has no ultimate controlling party. |
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| 9 |
Other information |
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Elie Retailing Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is: |
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50 High Street |
|
Elie |
|
Fife |
|
KY9 1DB |