Andean Trails Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SC274174

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		13,401		-
Tangible Assets	5		1,438		685

			14,839		685
CURRENT ASSETS
Debtors	6	360,197		347,590
Cash at bank and in hand		328,326		332,081

		688,523		679,671
Creditors: Amounts Falling Due Within One Year	7	(480,030 )		(443,179 )

NET CURRENT ASSETS (LIABILITIES)			208,493		236,492

TOTAL ASSETS LESS CURRENT LIABILITIES			223,332		237,177

NET ASSETS			223,332		237,177

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			223,330		237,175

SHAREHOLDERS' FUNDS			223,332		237,177

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Andean Trails Ltd.

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Kathryn Jarvis

Director

09/07/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Andean Trails Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC274174 . The registered office is 33 Sandport Street, Edinburgh, EH6 6EP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible fixed assets comprise internally developed software systems and website development costs used in the business.

Expenditure is capitalised where it is technically feasible to complete the asset, the Company intends and has sufficient resources to complete development, and it is probable that future economic benefits will arise from the asset. All other expenditure is recognised in profit or loss as incurred.

Intangible fixed assets are stated at cost less accumulated amortisation and any provision for impairment.

Assets in the course of construction (including website development costs not yet available for use) are held at cost and are not amortised until the asset is brought into use.

Amortisation is charged on a straight-line basis over the estimated useful economic life of the asset, which is typically three years from the date the asset is brought into use. The amortisation method and useful life are reviewed annually and adjusted if appropriate.

Where indicators of impairment exist, intangible assets are reviewed for impairment and written down to their recoverable amount if necessary.

The Company applies the cost model; intangible assets are not revalued.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on cost
Computer Equipment	20% on cost

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Andean Trails Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

4. Intangible Assets

	Other	Development Costs	Total
	£	£	£
Cost
As at 1 March 2025	-	-	-
Additions	3,990	10,740	14,730

As at 28 February 2026	3,990	10,740	14,730

Amortisation
As at 1 March 2025	-	-	-
Provided during the period	1,329	-	1,329

As at 28 February 2026	1,329	-	1,329

Net Book Value
As at 28 February 2026	2,661	10,740	13,401

As at 1 March 2025	-	-	-

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Andean Trails Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 March 2025	703	316	1,019
Additions	-	1,344	1,344

As at 28 February 2026	703	1,660	2,363

Depreciation
As at 1 March 2025	176	158	334
Provided during the period	176	415	591

As at 28 February 2026	352	573	925

Net Book Value
As at 28 February 2026	351	1,087	1,438

As at 1 March 2025	527	158	685

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	74,095	21,340
Other debtors	286,102	323,629

	360,197	344,969
Due after more than one year
Other debtors	-	2,621

	360,197	347,590

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	20,425	-
Bank loans and overdrafts	117	19
Other creditors	456,061	430,922
Taxation and social security	3,427	12,238

	480,030	443,179

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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Andean Trails Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 March 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2026
	£	£	£	£	£
Ms Kathryn Jarvis	7,767	-	7,767	-	-

The above loan is unsecured, interest free and repayable on demand.

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