SAUNDERS SCOTT LIMITED

Company Registration Number:
07266467 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2022

Period of accounts

Start date: 1 June 2021

End date: 31 May 2022

SAUNDERS SCOTT LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SAUNDERS SCOTT LIMITED

Profit And Loss Account

for the Period Ended 31 May 2022

2022 2021


£

£
Turnover: 3,090,353 0
Cost of sales: ( 2,426,203 ) 0
Gross profit(or loss): 664,150 0
Distribution costs: 0
Administrative expenses: ( 309,191 ) 0
Other operating income: 494,957 0
Operating profit(or loss): 849,916 0
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 849,916 0
Tax: 0
Profit(or loss) for the financial year: 849,916 0

SAUNDERS SCOTT LIMITED

Balance sheet

As at 31 May 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 0 11,752
Total fixed assets: 0 11,752
Current assets
Debtors: 4 372,394
Cash at bank and in hand: 90,718
Total current assets: 463,112
Prepayments and accrued income: 843,476 280,390
Net current assets (liabilities): 1,306,588 280,390
Total assets less current liabilities: 1,306,588 292,142
Creditors: amounts falling due after more than one year: 5 ( 398,652 ) ( 272,168 )
Provision for liabilities: ( 38,046 )
Total net assets (liabilities): 869,890 19,974
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 869,889 19,973
Total Shareholders' funds: 869,890 19,974

The notes form part of these financial statements

SAUNDERS SCOTT LIMITED

Balance sheet statements

For the year ending 31 May 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 20 November 2023
and signed on behalf of the board by:

Name: Grant McGuff
Status: Director

The notes form part of these financial statements

SAUNDERS SCOTT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SAUNDERS SCOTT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 6 6

SAUNDERS SCOTT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2021 11,752 11,752
Additions
Disposals
Revaluations
Transfers
At 31 May 2022 11,752 11,752
Depreciation
At 1 June 2021 0 0
Charge for year
On disposals
Other adjustments 11,752 11,752
At 31 May 2022 11,752 11,752
Net book value
At 31 May 2022 0 0
At 31 May 2021 11,752 11,752

SAUNDERS SCOTT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

4. Debtors

2022 2021
£ £
Trade debtors 372,394
Total 372,394

SAUNDERS SCOTT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

5. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Other creditors 398,652 272,168
Total 398,652 272,168

SAUNDERS SCOTT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

6. Loans to directors

Name of director receiving advance or credit: Grant McGuff
Description of the transaction:
Directors Loan
£
Balance at 31 May 2021
Advances or credits made: 843,476
Advances or credits repaid:
Balance at 31 May 2022 843,476