Access Control Supplies Limited

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Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the director on the preparation of the unaudited statutory accounts of Access Control Supplies Limited for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Access Control Supplies Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company's accounting records and from information and explanations you have given to us.

As a practising member of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020.

This report is made solely to the director of Access Control Supplies Limited , as a body, in accordance with the terms of our engagement letter dated 21 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of Access Control Supplies Limited and state those matters that we have agreed to state to the director of Access Control Supplies Limited , as a body, in this report in accordance with the requirements of the ICAS as detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Access Control Supplies Limited and its director, as a body, for our work or for this report.

It is your duty to ensure that Access Control Supplies Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Access Control Supplies Limited . You consider that Access Control Supplies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Access Control Supplies Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

28 October 2026

Glen Drummond Ltd

Chartered Accountants

Argyll House

Quarrywood Court

Livingston

EH54 6AX

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Access Control Supplies Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: SC737754

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,255		2,502

			17,255		2,502
CURRENT ASSETS
Stocks	5	134,854		150,451
Debtors	6	202,094		156,751
Cash at bank and in hand		15,855		18,908

		352,803		326,110
Creditors: Amounts Falling Due Within One Year	7	(427,564 )		(380,427 )

NET CURRENT ASSETS (LIABILITIES)			(74,761 )		(54,317 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(57,506 )		(51,815 )

Creditors: Amounts Falling Due After More Than One Year	8		(11,946 )		-

NET LIABILITIES			(69,452 )		(51,815 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(69,552 )		(51,915 )

SHAREHOLDERS' FUNDS			(69,452)		(51,815)

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Access Control Supplies Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 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

Mr C Manson

Director

28 October 2026

The notes on pages 4 to 7 form part of these financial statements.

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Access Control Supplies Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Access Control Supplies Limited is a private company, limited by shares, incorporated in Scotland, registered number SC737754 . The registered office is Argyll House, Quarrywood Court, Livingston, West Lothian, EH54 6AX.

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. Going Concern Disclosure

These financial statements have been prepared on a going concern basis as the company is being supported by CM Gates & Barriers Ltd, a company controlled by the director.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% on cost

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Financial Instruments

Basic financial instruments are initially recognised at transaction price, including transaction costs, and subsequently measured at amortised cost using the effective interest method, where applicable. These can include trade and other debtors, cash and bank balances, trade and other creditors, and intercompany balances. Financial assets are assessed at the end of each reporting period for evidence of impairment and adjusted if necessary. The company does not hold or issue any complex financial instruments such as derivatives.

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Access Control Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.8. 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.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.10. Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 3)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2025	-	5,435	5,435
Additions	18,100	1,700	19,800

As at 31 March 2026	18,100	7,135	25,235

Depreciation
As at 1 April 2025	-	2,933	2,933
Provided during the period	3,620	1,427	5,047

As at 31 March 2026	3,620	4,360	7,980

Net Book Value
As at 31 March 2026	14,480	2,775	17,255

As at 1 April 2025	-	2,502	2,502

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Access Control Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Stocks

	2026	2025
	£	£
Stock	134,854	150,451

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	155,053	103,922
Other debtors	47,041	52,829

	202,094	156,751

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	3,258	-
Trade creditors	188,509	125,897
Other creditors	232,243	248,837
Taxation and social security	3,554	5,693

	427,564	380,427

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	11,946	-

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,258	-
Later than one year and not later than five years	11,946	-

	15,204	-

	15,204	-

The hire purchase liability is secured over the asset concerned.

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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Access Control Supplies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

11. Related Party Disclosures

The company operates a loan accounts with the director, Mr C Manson.

During the year, the director advanced loans of £18 to the company. At the end of the year, the balance due to the director was £46 (2025: £28). This loan is unsecured, interest free and has no fixed repayment terms.

The comany operates a loan account with CM Gates and Barriers Ltd, a company controlled by Mr C Manson.

During the year, the company repaid loans totalling £23,050 to CM Gates and Barriers Ltd. At the year end, the balance due to CM Gates and Barriers Ltd was £221,743 (2025: £244,793). This loan is unsecured and has no fixed repayment terms.

During the year, the company sold good totalling £226,660 (2025: £159,374) to CM Gates and Barries Ltd and purchased goods totalling £4,262 (2025: £3,499) from CM Gates and Barries Ltd. This was conducted under normal commerical terms. At the year end, included within trade debtors is a balance due from CM Gates & Barriers Ltd of £39,889 (2025: £18,571) and included within trade creditors is a balance due to be paid to CM Gates & Barriers Ltd of £0 (2025: £0).

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