BOTTERILLS CONVENIENCE STORES LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Anderson Anderson & Brown Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, given the committed support from its parent. Thus they continue to adopt the going concern basis in preparing the annual financial statements. The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The group and parent company, Scotmid Midland Cooperative Society Limited, manages its day to day and medium term funding requirements with a combination of cash balances, an overdraft facility of £10 million and a revolving credit facility of up to £30 million which is subject to gearing, earnings and capital spend related financial covenants and available until 2025. At the 25 January 2025 the Group had cash balances of £9.1 million and had utilised £30 million (2024: £30 million) of its revolving credit facility. The recent global COVID-19 coronavirus pandemic, ongoing wars and global economic pressure continues to impact all businesses. As a result of this there is expected to be some unpredictable variation in the value and timing of cash flows. The Directors of the parent company have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements. These forecasts, which include a severe but plausible downside draw on the experience of the group through the lock downs of the prior financial years. Even in these severe downside scenarios the group is forecast to be able to operate within its existing facilities and meet its banking covenants over the going concern assessment period. The company relies on the parent to continue to utilise the commercial premises that the company maintains, following the governing agreement which sets out the terms of the company's principal activity with its immediate parent (Scottish Midland Cooperative Society). Scottish Midland Cooperative Society has indicated its intention to continue to occupy these premises, and as a result to provide the company with its principal activity. As with any company placing reliance or other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the company will continue to be provided with sufficient trade for at least the 12 months from the date of approval of the financial statements and, therefore, have prepared the financial statements on a going concern basis. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2.1%

  £4,107,922 → £4,023,706

• Cash

  —

  Not reported

• Net assets

  +12.1%

  £8,332,636 → £9,338,026

• Employees

  —

  Not reported

• Operating profit

  -2.9%

  £967,838 → £940,078

• Profit before tax

  +0.7%

  £933,799 → £940,078

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers