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Company Registration No. SC585083 (Scotland)
Prestige Floors Scotland Ltd Unaudited accounts for the year ended 31 January 2026
Prestige Floors Scotland Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Prestige Floors Scotland Ltd Company Information for the year ended 31 January 2026
Director
Karen Hill
Company Number
SC585083 (Scotland)
Registered Office
50 CAUSEYSIDE STREET PAISLEY PA1 1YW UNITED KINGDOM
Accountants
McKinnon & Co Ltd ACPA 35 Newmarket Street Ayr Ayrshire KA7 1LL
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Prestige Floors Scotland Ltd Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
259,123 
190,758 
Current assets
Inventories
17,856 
14,880 
Debtors
5
10,889 
3,170 
Cash at bank and in hand
60,666 
30,325 
89,411 
48,375 
Creditors: amounts falling due within one year
6
(17,395)
(29,269)
Net current assets
72,016 
19,106 
Total assets less current liabilities
331,139 
209,864 
Creditors: amounts falling due after more than one year
7
(344,602)
(224,885)
Net liabilities
(13,463)
(15,021)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(13,464)
(15,022)
Shareholders' funds
(13,463)
(15,021)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2026 and were signed on its behalf by
Karen Hill Director Company Registration No. SC585083
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Prestige Floors Scotland Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Prestige Floors Scotland Ltd is a private company, limited by shares, registered in Scotland, registration number SC585083. The registered office is 50 CAUSEYSIDE STREET, PAISLEY, PA1 1YW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20 % reducing
Motor vehicles
20% reducing
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2025
85,000 
35,531 
143,938 
40,318 
304,787 
Additions
- 
- 
110,305 
- 
110,305 
Disposals
- 
- 
(36,461)
- 
(36,461)
At 31 January 2026
85,000 
35,531 
217,782 
40,318 
378,631 
Depreciation
At 1 February 2025
- 
25,262 
73,653 
15,114 
114,029 
Charge for the year
- 
2,054 
14,057 
5,041 
21,152 
On disposals
- 
- 
(15,673)
- 
(15,673)
At 31 January 2026
- 
27,316 
72,037 
20,155 
119,508 
Net book value
At 31 January 2026
85,000 
8,215 
145,745 
20,163 
259,123 
At 31 January 2025
85,000 
10,269 
70,285 
25,204 
190,758 
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Prestige Floors Scotland Ltd Notes to the Accounts for the year ended 31 January 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
2,072 
3,170 
Trade debtors
8,817 
- 
10,889 
3,170 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
13,534 
24,272 
Taxes and social security
3,861 
4,997 
17,395 
29,269 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
7,249 
7,249 
Obligations under finance leases and hire purchase contracts
8,730 
24,901 
Loans from directors
328,623 
192,735 
344,602 
224,885 
8
Average number of employees
During the year the average number of employees was 10 (2025: 8).
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