Pound Savers (UK) Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

1. General Information

Pound Savers (UK) Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC211647 . The registered office is 13 King Street, Bathgate, EH48 1NU.

The presentation currency of the financial statements is Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

2.2. Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

2.3. 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	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Financial Instruments

The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to and from related parties.

Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets measured at cost and amortised cost are assessed at the end of each reporting period of evidence of impairment and if found, an impairment loss is recognised in profit or loss.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Cash and cash equivalents included cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

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Pound Savers (UK) Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 January 2026

2.6. Taxation

Taxation represents the sum of tax currently payable and deferred tax. The company’s liability for current tax is calculated using tax rates that have been enacted or subsequently enacted by the end of the reporting period.

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

With the exception of changes arising on the initial recognition of a business combination, the tax expense is presented either in profit or loss, other comprehensive income or statement of changes in equity depending on the transaction that resulted in the tax expense.

Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

2.7. Impairment on non-financial assets

At each reporting date non-financial assets not carried at fair value, like plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of value in use and the fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

2.8. Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation at the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

3. Average Number of Employees

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

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	225	22,320	3,750	26,295

As at 30 January 2026	225	22,320	3,750	26,295

Depreciation
As at 1 February 2025	56	19,341	2,934	22,331
Provided during the period	42	744	204	990

As at 30 January 2026	98	20,085	3,138	23,321

Net Book Value
As at 30 January 2026	127	2,235	612	2,974

As at 1 February 2025	169	2,979	816	3,964

5. Stocks

	2026	2025
	£	£
Finished goods	18,197	15,000

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Pound Savers (UK) Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 January 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	12,220	13,815
Other debtors	117,245	46,971

	129,465	60,786

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	42,905	11,729
Bank loans and overdrafts	9,996	9,996
Other creditors	69,897	14,409
Taxation and social security	2,365	2,646

	125,163	38,780

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	21,713	24,653

9. Related Party Transactions

During the year, the company had a balance due from Homestore Online Ltd, a company under common control through common directorships. At the year end, the amount due was £87,984 (2025: £28,970). The balance is unsecured, interest-free and repayable on demand.

The company also had a balance due to Discount Store UK 1234 Ltd, a company under the control of a close family member of the director. At the year end, the amount owed was £32,278 (2025: £13,525). This balance is also unsecured, interest-free and repayable on demand.

The company also had a balance due to Hania Sco Ltd, a company under common control through common directorships. At the year end, the amount owed was £6,000 (2025: £nil). This balance is also unsecured, interest-free and repayable on demand.

Transactions during the year

The company charged management fees of £30,000 to Homestore Online Ltd. Homestore Online Ltd recharged the company £35,083 of shared staff and premises costs, apportioned on third-party sales.

The company recharged its share of stock, packaging and postage costs of £66,781 to Homestore Online Ltd and £80,794 to Discount Store UK 1234 Ltd.

10. Ultimate Controlling Party

The company's ultimate controlling party is Mrs Zara Khursheed, the director, by virtue of her ownership of 75% or more of the issued share capital of the company.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,974		3,964

			2,974		3,964
CURRENT ASSETS
Stocks	5	18,197		15,000
Debtors	6	129,465		60,786
Cash at bank and in hand		284		4,926

		147,946		80,712
Creditors: Amounts Falling Due Within One Year	7	(125,163 )		(38,780 )

NET CURRENT ASSETS (LIABILITIES)			22,783		41,932

TOTAL ASSETS LESS CURRENT LIABILITIES			25,757		45,896

Creditors: Amounts Falling Due After More Than One Year	8		(21,713 )		(24,653 )

NET ASSETS			4,044		21,243

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			3,944		21,143

SHAREHOLDERS' FUNDS			4,044		21,243