Company registration number SC225311 (Scotland)
UK SCALLOPS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
UK SCALLOPS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
UK SCALLOPS LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Cash at bank and in hand
274
274
Creditors: amounts falling due within one year
2
(36,956)
(36,956)
Net current liabilities
(36,682)
(36,682)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(36,683)
(36,683)
Total equity
(36,682)
(36,682)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 January 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 October 2023 and are signed on its behalf by:
I JOHNSON
I Johnson
Director
Company Registration No. SC225311
UK SCALLOPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
- 2 -
1
Accounting policies
Company information
UK Scallops Limited is a private company limited by shares incorporated in Scotland. The registered office is Marine Park, Vidlin, Shetland Isles, ZE2 9QD.
The company was dormant throughout the financial period.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
2
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,350
Taxation and social security
6
6
Other creditors
35,600
36,950
36,956
36,956
3
Related party transactions
During the year, there were no credits received nor advances made from the company to related parties which resulted with a balance at the year end of £34,700 due by the company (2022 - £34,700)