IRIS Accounts Production v18.3.0.592 10622696 director 16.2.17 28.2.18 28.2.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure106226962017-02-15106226962018-02-28106226962017-02-162018-02-28106226962017-02-1510622696ns15:EnglandWales2017-02-162018-02-2810622696ns14:PoundSterling2017-02-162018-02-2810622696ns10:Director12017-02-162018-02-2810622696ns10:PrivateLimitedCompanyLtd2017-02-162018-02-2810622696ns10:SmallEntities2017-02-162018-02-2810622696ns10:AuditExemptWithAccountantsReport2017-02-162018-02-2810622696ns10:SmallCompaniesRegimeForDirectorsReport2017-02-162018-02-2810622696ns10:SmallCompaniesRegimeForAccounts2017-02-162018-02-2810622696ns10:FullAccounts2017-02-162018-02-2810622696ns10:RegisteredOffice2017-02-162018-02-2810622696ns5:CurrentFinancialInstruments2018-02-2810622696ns5:ShareCapital2018-02-2810622696ns5:RetainedEarningsAccumulatedLosses2018-02-2810622696ns5:ComputerEquipment2017-02-162018-02-2810622696ns5:ComputerEquipment2018-02-2810622696ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-02-28


















SCALE VENTURES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

16 FEBRUARY 2017 TO 28 FEBRUARY 2018






SCALE VENTURES LTD (REGISTERED NUMBER: 10622696)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 FEBRUARY 2017 TO 28 FEBRUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

SCALE VENTURES LTD

COMPANY INFORMATION
FOR THE PERIOD 16 FEBRUARY 2017 TO 28 FEBRUARY 2018







DIRECTOR: R Desborough





REGISTERED OFFICE: 2nd Floor
201 Haverstock Hill
London
NW3 4QG





REGISTERED NUMBER: 10622696 (England and Wales)





ACCOUNTANTS: AEL Markhams Ltd
Chartered Accountants
201 Haverstock Hill
London
NW3 4QG

SCALE VENTURES LTD (REGISTERED NUMBER: 10622696)

BALANCE SHEET
28 FEBRUARY 2018

Notes £    £   
FIXED ASSETS
Tangible assets 4 667

CURRENT ASSETS
Debtors 5 294
Cash at bank 21,071
21,365
CREDITORS
Amounts falling due within one year 6 16,071
NET CURRENT ASSETS 5,294
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,961

PROVISIONS FOR LIABILITIES 127
NET ASSETS 5,834

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 5,734
5,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 10 October 2018 and were signed by:





R Desborough - Director


SCALE VENTURES LTD (REGISTERED NUMBER: 10622696)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 FEBRUARY 2017 TO 28 FEBRUARY 2018

1. STATUTORY INFORMATION

Scale Ventures Ltd is a private company, limited by shares , registered in England and Wales. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other accounts receivable and payable and loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are
measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to
be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised
though profit or loss.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between
an asset's carrying amount and the best estimate of the recoverable amount, which is an approximation of the
amount that the Company would receive for the asset if it were to be sold at the reporting date.

Taxation
Taxation for the period 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.

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 period 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.

SCALE VENTURES LTD (REGISTERED NUMBER: 10622696)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 FEBRUARY 2017 TO 28 FEBRUARY 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,000
At 28 February 2018 1,000
DEPRECIATION
Charge for period 333
At 28 February 2018 333
NET BOOK VALUE
At 28 February 2018 667

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 294

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 38
Taxation and social security 15,993
Other creditors 40
16,071

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SCALE VENTURES LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Scale Ventures Ltd for the period ended 28 February 2018 which comprise the Income
Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Scale Ventures Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Scale Ventures Ltd and state those matters that we have agreed to state to the director of Scale Ventures Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Scale Ventures Ltd and its director for our work or for this report.

It is your duty to ensure that Scale Ventures Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Scale Ventures Ltd. You consider that Scale Ventures Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Scale Ventures Ltd. 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 financial statements.






AEL Markhams Ltd
Chartered Accountants
201 Haverstock Hill
London
NW3 4QG


10 October 2018