Pathhead Supermarket Ltd - Filleted accounts

Registered number

SC530606

Pathhead Supermarket Ltd

Filleted Accounts

31 March 2026

Pathhead Supermarket Ltd
Registered number:		SC530606
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		8,400			16,800
Tangible assets	4		8,247			10,309
			16,647			27,109

Current assets
Stocks		36,031			36,325
Debtors	5	37,140			38,276
Cash at bank and in hand		29,621			23,485
		102,792			98,086

Creditors: amounts falling due within one year	6	(54,866)			(38,828)

Net current assets			47,926			59,258

Total assets less current liabilities			64,573			86,367

Creditors: amounts falling due after more than one year	7		(23,428)			(66,458)



Net assets			41,145			19,909

Capital and reserves
Called up share capital			1			1
Profit and loss account			41,144			19,908

Shareholder's funds			41,145			19,909

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




G Singh Bajwa
Director
Approved by the board on 15 October 2026

Pathhead Supermarket Ltd
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Fixtures, fittings, tools and equipment	20% 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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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		5		5


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 April 2025				42,000
	At 31 March 2026				42,000

	Amortisation
	At 1 April 2025				25,200
	Provided during the year				8,400
	At 31 March 2026				33,600

	Net book value
	At 31 March 2026				8,400
	At 31 March 2025				16,800

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				41,323
	At 31 March 2026				41,323

	Depreciation
	At 1 April 2025				31,014
	Charge for the year				2,062
	At 31 March 2026				33,076

	Net book value
	At 31 March 2026				8,247
	At 31 March 2025				10,309


5	Debtors		2026		2025
£				£

	Other debtors		37,140		38,276


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

	Bank loans and overdrafts		9,818		10,168
	Trade creditors		8,536		13,708
	Taxation and social security costs		10,624		12,701
	Other creditors		25,888		2,251
			54,866		38,828


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

	Bank loans		-		19,634
	Director's account		23,428		46,824
			23,428		66,458


8	Controlling party

	The company was under the control of the director throughout the current and previous years.


9	Other information

	Pathhead Supermarket Ltd is a private company limited by shares and incorporated in Scotland.
	2 Anderson Place
	Edinburgh
	EH6 5NP