REGISTERED NUMBER: SC115892 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

A.C. Still Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Christian Barry

J S Rabin

REGISTERED OFFICE:

1 Burns Square

Greenock

PA16 0NT

REGISTERED NUMBER:

SC115892 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Intangible assets

4

1,731,032

1,831,470

Tangible assets

5

112,257

119,397

Investments

6

368,195

368,195

2,211,484

2,319,062

CURRENT ASSETS

Stock

254,458

217,241

Debtors

7

810,802

792,888

Cash at bank and in hand

285,561

384,509

1,350,821

1,394,638

CREDITORS

Amounts falling due within one year

8

2,282,409

2,514,213

NET CURRENT LIABILITIES

(931,588

)

(1,119,575

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,279,896

1,199,487

PROVISIONS FOR LIABILITIES

9

28,064

29,849

NET ASSETS

1,251,832

1,169,638

CAPITAL AND RESERVES

Called up share capital

10

3,500

3,500

Retained earnings

11

1,248,332

1,166,138

SHAREHOLDERS' FUNDS

1,251,832

1,169,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

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

Christian Barry - Director

1.	STATUTORY INFORMATION

A.C. Still 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.

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

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets

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

Fittings and equipment

-

25% on cost and 10% on cost

Motor vehicles

-

25% on cost

Stocks

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

Financial instruments

Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 28 (2025 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2025

and 30 June 2026

2,008,769

AMORTISATION

At 1 July 2025

177,299

Amortisation for year

100,438

At 30 June 2026

277,737

NET BOOK VALUE

At 30 June 2026

1,731,032

At 30 June 2025

1,831,470

5.	TANGIBLE FIXED ASSETS

Fittings

and

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2025

269,924

15,953

22,555

308,432

Additions

42,450

-

-

42,450

At 30 June 2026

312,374

15,953

22,555

350,882

DEPRECIATION

At 1 July 2025

160,372

15,953

12,710

189,035

Charge for year

42,071

-

7,519

49,590

At 30 June 2026

202,443

15,953

20,229

238,625

NET BOOK VALUE

At 30 June 2026

109,931

-

2,326

112,257

At 30 June 2025

109,552

-

9,845

119,397

6.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

At 1 July 2025

and 30 June 2026

368,195

NET BOOK VALUE

At 30 June 2026

368,195

At 30 June 2025

368,195

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

656,567

656,567

Amounts owed by group undertakings

93,768

93,768

Other debtors

60,467

42,553

810,802

792,888

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

704,505

755,599

Amounts owed to group undertakings

1,322,875

1,585,875

Taxation and social security

67,842

84,529

Other creditors

187,187

88,210

2,282,409

2,514,213

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

28,064

29,849

Deferred

tax

£

Balance at 1 July 2025

29,849

Provided during year

(1,785

)

Balance at 30 June 2026

28,064

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

3,500

Ordinary

£1

3,500

3,500

11.

RESERVES

Retained

earnings

£

At 1 July 2025

1,166,138

Profit for the year

82,194

At 30 June 2026

1,248,332

12.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors by virtue of their shareholdings in the parent company, Teleta Healthcare Limited.