REGISTERED NUMBER: SC628558 (Scotland)

Hopeman Stores Ltd

Financial Statements For The Year Ended 30 June 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Gardiner

REGISTERED OFFICE:

51 Harbour Street

Hopeman

Elgin

Moray

IV30 5RU

REGISTERED NUMBER:

SC628558 (Scotland)

ACCOUNTANTS:

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

BANKERS:

Virgin Money

Elgin Branch

151 High Street

Elgin

Moray

IV30 1DU

FIXED ASSETS

Tangible assets

4

1,518

2,358

CURRENT ASSETS

Stocks

35,220

39,560

Debtors

5

6,710

5,805

Cash at bank and in hand

24,802

26,080

66,732

71,445

CREDITORS

Amounts falling due within one year

6

40,814

39,078

NET CURRENT ASSETS

25,918

32,367

TOTAL ASSETS LESS CURRENT LIABILITIES

27,436

34,725

CREDITORS

Amounts falling due after more than one year

7

17,157

23,040

NET ASSETS

10,279

11,685

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

10,179

11,585

SHAREHOLDERS' FUNDS

10,279

11,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 10 September 2026 and were signed by:

Mr J Gardiner - Director

1.	STATUTORY INFORMATION

Hopeman Stores Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

33% on cost and 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 July 2025

11,513

Disposals

(1,410

)

At 30 June 2026

10,103

DEPRECIATION

At 1 July 2025

9,155

Charge for year

589

Eliminated on disposal

(1,159

)

At 30 June 2026

8,585

NET BOOK VALUE

At 30 June 2026

1,518

At 30 June 2025

2,358

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Other debtors

6,710

5,805

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans and overdrafts

5,882

5,882

Trade creditors

28,076

23,559

Taxation and social security

5,603

7,563

Other creditors

1,253

2,074

40,814

39,078

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans

17,157

23,040

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.26

30.6.25

value:

£

£

50

A Ordinary

1

50

50

50

B Ordinary

1

50

50

100

100

9.

RESERVES

Retained

earnings

£

At 1 July 2025

11,585

Profit for the year

8,394

Dividends

(9,800

)

At 30 June 2026

10,179

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £9,800 (2025 - £8,500) were paid to the director .

As at 30 June 2025 the director owed the company £74. During the year the director met expenditure amounting to £60 on behalf of the company. As at 30 June 2026 the company owed the director £14. This loan is interest free and has no fixed terms of repayment.