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Registered number: SC192327
Chartstore Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Neil Nisbet & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC192327
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,475,000 1,675,000
1,475,000 1,675,000
CURRENT ASSETS
Debtors 5 39,140 7,875
Cash at bank and in hand 224,793 77,749
263,933 85,624
Creditors: Amounts Falling Due Within One Year 6 (23,599 ) (26,420 )
NET CURRENT ASSETS (LIABILITIES) 240,334 59,204
TOTAL ASSETS LESS CURRENT LIABILITIES 1,715,334 1,734,204
PROVISIONS FOR LIABILITIES
Deferred Taxation (28,375 ) (32,750 )
NET ASSETS 1,686,959 1,701,454
CAPITAL AND RESERVES
Called up share capital 8 25,000 25,000
Share premium account 424,160 424,160
Fair value reserve 11 426,727 465,592
Profit and Loss Account 811,072 786,702
SHAREHOLDERS' FUNDS 1,686,959 1,701,454
Page 1
Page 2
For the year ending 31 January 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 his 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
F Crolla
Director
29/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Chartstore Limited is a private company, limited by shares, incorporated in Scotland, registered number SC192327 . The registered office is Thain House, 226 Queensferry Road, Edinburgh, EH4 2BP.
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.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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: 2 (2025: 2)
2 2
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Page 4
4. Investment Property
2026
£
Fair Value
As at 1 February 2025 1,675,000
Disposals (200,000 )
As at 31 January 2026 1,475,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 1,019,898 1,178,490
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 9,900 7,875
Other debtors 29,240 -
39,140 7,875
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 2,580 3,412
Taxation and social security 21,019 23,008
23,599 26,420
7. Secured Creditors
The company has granted a standard security over certain of its properties together with a bond and floating charge to the Royal Bank of Scotland plc in respect of borrowing the company had with the bank. At the balance sheet date there was no amount outstanding to the secured creditor. 
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 25,000 25,000
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9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Fortunato Crolla - 29,000 - - 29,000
10. Dividends
2026 2025
£ £
On equity shares:
Interim dividend paid 91,318 62,500
11. Reserves
Share Premium Fair value reserve Profit and Loss Account
£ £ £
As at 1 February 2025 424,160 465,592 786,702
Profit for the year and total comprehensive income - - 76,823
Dividends paid - - (91,318)
Transfer to/from Fair value reserve - - 38,865
Transfer to/from Profit & Loss Account - (38,865 ) -
As at 31 January 2026 424,160 426,727 811,072
12. Ultimate Controlling Party
The company's ultimate controlling party is F Crolla .
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