Access Retail Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC684547 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st January 2026

for

Access Retail Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S S Elaprolu

Mrs K P Vemulapalli

SECRETARY:

REGISTERED OFFICE:

75 East High Street

Crieff

Perthshire

PH7 3JA

REGISTERED NUMBER:

SC684547 (Scotland)

ACCOUNTANTS:

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Intangible assets

4

347,873

-

Tangible assets

5

487,775

757,223

835,648

757,223

CURRENT ASSETS

Stocks

95,590

218,210

Debtors

6

56,774

231,186

Cash at bank and in hand

144,687

41,162

297,051

490,558

CREDITORS

Amounts falling due within one year

7

(791,934

)

(888,786

)

NET CURRENT LIABILITIES

(494,883

)

(398,228

)

TOTAL ASSETS LESS CURRENT

LIABILITIES

340,765

358,995

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

-

171,456

Retained earnings

340,665

187,439

SHAREHOLDERS' FUNDS

340,765

358,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th October 2026 and were signed on its behalf by:

S S Elaprolu - Director

1.	STATUTORY INFORMATION

Access Retail Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Lease are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

386,525

At 31st January 2026

386,525

AMORTISATION

Charge for year

38,652

At 31st January 2026

38,652

NET BOOK VALUE

At 31st January 2026

347,873

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st February 2025

737,137

33,772

770,909

Additions

-

10,250

Disposals

(275,000

)

-

(275,000

)

At 31st January 2026

462,137

44,022

506,159

DEPRECIATION

At 1st February 2025

-

13,686

Charge for year

-

4,698

At 31st January 2026

-

18,384

NET BOOK VALUE

At 31st January 2026

462,137

25,638

487,775

At 31st January 2025

737,137

20,086

757,223

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

44,639

36,140

Amounts owed by group undertakings

-

184,541

Other debtors

12,135

10,505

56,774

231,186

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

-

184,541

Trade creditors

140,397

53,299

Taxation and social security

30,370

58,347

Other creditors

621,167

592,599

791,934

888,786