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REGISTERED NUMBER: 01763423 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Scott Investment and Insurance Services
Limited

Scott Investment and Insurance Services
Limited (Registered number: 01763423)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Scott Investment and Insurance Services
Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Mrs G R Scott





REGISTERED OFFICE: Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS





REGISTERED NUMBER: 01763423 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
BD21 3DS

Scott Investment and Insurance Services
Limited (Registered number: 01763423)

Statement of Financial Position
30 April 2023

30.4.23 30.4.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1 1
Investment property 5 - 75,000
1 75,001

CURRENT ASSETS
Debtors 6 - 282
Cash at bank 67,135 2,697
67,135 2,979
CREDITORS
Amounts falling due within one year 7 (52,090 ) (42,203 )
NET CURRENT ASSETS/(LIABILITIES) 15,045 (39,224 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,046

35,777

PROVISIONS FOR LIABILITIES (13,408 ) (13,408 )
NET ASSETS 1,638 22,369

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,636 22,367
SHAREHOLDERS' FUNDS 1,638 22,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 applicable to companies subject to the small companies regime.

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

Scott Investment and Insurance Services
Limited (Registered number: 01763423)

Statement of Financial Position - continued
30 April 2023



The financial statements were approved by the director and authorised for issue on 31 October 2023 and were signed by:





Mrs G R Scott - Director


Scott Investment and Insurance Services
Limited (Registered number: 01763423)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Scott Investment and Insurance Services Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Scott Investment and Insurance Services
Limited (Registered number: 01763423)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2022
and 30 April 2023 279
DEPRECIATION
At 1 May 2022
and 30 April 2023 278
NET BOOK VALUE
At 30 April 2023 1
At 30 April 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022 75,000
Disposals (75,000 )
At 30 April 2023 -
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 75,000

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2013 50,569
Valuation in 2015 20,000
70,569

If the investment property had not been revalued it would have been included at the following historical cost:

30.4.23 30.4.22
£    £   
Cost 4,431 4,431

The investment property was valued on an open market basis on 30 April 2015 by the directors of the company. .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Prepayments and accrued income - 282

Scott Investment and Insurance Services
Limited (Registered number: 01763423)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Tax 17,055 389
Other creditors 744 643
Directors' current accounts 34,291 41,171
52,090 42,203

8. ULTIMATE CONTROLLING PARTY

The director controls the company by virtue of their shareholding.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Scott Investment and Insurance Services
Limited

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 Statement of Financial Position. 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 Scott Investment and Insurance Services Limited for the year ended 30 April 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position 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 Scott Investment and Insurance Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Scott Investment and Insurance Services Limited and state those matters that we have agreed to state to the director of Scott Investment and Insurance Services Limited 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 Scott Investment and Insurance Services Limited and its director for our work or for this report.

It is your duty to ensure that Scott Investment and Insurance Services Limited 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 Scott Investment and Insurance Services Limited. You consider that Scott Investment and Insurance Services 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 financial statements of Scott Investment and Insurance Services 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 financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
BD21 3DS


31 October 2023