NS RETAIL (UK) LIMITED - Filleted accounts

Registered number

SC511666

NS RETAIL (UK) LIMITED

Filleted Accounts

31 March 2026

NS RETAIL (UK) LIMITED
Registered number:		SC511666
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		69,832			73,507
Tangible assets	4		17,457			23,276
			87,289			96,783

Current assets
Stocks		41,230			45,425
Debtors	5	2,553			3,510
Cash at bank and in hand		20,132			21,041
		63,915			69,976

Creditors: amounts falling due within one year	6	(25,935)			(53,006)

Net current assets			37,980			16,970

Total assets less current liabilities			125,269			113,753

Creditors: amounts falling due after more than one year	7		(16,893)			(32,228)

Provisions for liabilities			-			-


Net assets			108,376			81,525

Capital and reserves
Called up share capital			2			2
Share premium			-			-
Profit and loss account			108,374			81,523

Shareholders' funds			108,376			81,525

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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




SHAHZAD FAROOQ
Director
Approved by the board on 22 April 2026

NS RETAIL (UK) LIMITED
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	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).

	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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at 10% reducing balance.


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.




2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			6		6


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					112,808
	Additions					-
	Disposals					-
	At 31 March 2026					112,808

	Amortisation
	At 1 April 2025					39,301
	Provided during the year					3,675
	On disposals					-
	At 31 March 2026					42,976

	Net book value
	At 31 March 2026					69,832
	At 31 March 2025					73,507


4	Tangible fixed assets
		Fixtures & Fittings		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	54,964		26,893		81,857
	Additions	-		-		-
	Surplus on revaluation	-		-		-
	Disposals	-		-		-
	At 31 March 2026	54,964		26,893		81,857

	Depreciation
	At 1 April 2025	49,757		8,824		58,581
	Charge for the year	1,302		4,517		5,819
	Surplus on revaluation	-		-		-
	On disposals	-		-		-
	At 31 March 2026	51,059		13,341		64,400

	Net book value
	At 31 March 2026	3,905		13,552		17,457
	At 31 March 2025	5,207		18,069		23,276





5	Debtors			2026		2025
£					£

	Other debtors			2,553		3,510
				2,553		3,510

	Amounts due after more than one year included above			-		-



6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			-		30,331
	Accruals			5,976		-
	Taxation and social security costs			17,502		20,218
	Other creditors			2,457		2,457
				25,935		53,006


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Non-equity preference shares			-		-
	Bank loans			3,363		13,624
	Obligations under finance lease and hire purchase contracts			13,530		18,604
				16,893		32,228




8	Other information

	NS RETAIL (UK) LIMITED is a private company limited by shares and incorporated in Scotland. Its registered office is:
	162 DARNLEY STREET

	GLASGOW

	G41 2LL