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REGISTERED NUMBER: 07539231 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SCRIPTORIA LTD

SCRIPTORIA LTD (REGISTERED NUMBER: 07539231)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

SCRIPTORIA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Dr S E Williams
Dr J C Weale





SECRETARY: Dr S E Williams





REGISTERED OFFICE: 1 The Hayloft
17A Seely Road
London
SW17 9QP





REGISTERED NUMBER: 07539231 (England and Wales)





ACCOUNTANTS: John F. Harvey
Dynevor House
5-6 De La Beche Street
Swansea
SA1 3HA

SCRIPTORIA LTD (REGISTERED NUMBER: 07539231)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 73,143 70,386
Tangible assets 5 2,773 4,847
75,916 75,233

CURRENT ASSETS
Debtors 6 405,006 360,891
Cash at bank and in hand 511,276 512,734
916,282 873,625
CREDITORS
Amounts falling due within one year 7 187,422 217,455
NET CURRENT ASSETS 728,860 656,170
TOTAL ASSETS LESS CURRENT
LIABILITIES

804,776

731,403

PROVISIONS FOR LIABILITIES 527 921
NET ASSETS 804,249 730,482

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 804,229 730,462
804,249 730,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SCRIPTORIA LTD (REGISTERED NUMBER: 07539231)

BALANCE SHEET - continued
31 MARCH 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:




Dr S E Williams - Director



Dr J C Weale - Director


SCRIPTORIA LTD (REGISTERED NUMBER: 07539231)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Scriptoria 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the net invoiced sales of goods and services, except for service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software has an indefinite useful life and is therefore not amortised.

Patents & licenses has a useful life of 10 years therefore 10% straight line policy is applied.

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 etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


SCRIPTORIA LTD (REGISTERED NUMBER: 07539231)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
Pension costs relate to the employer contributions to personal pensions of the employees as well as the employers element of pension obligations due under auto enrolment and are charged to the profit and loss account in the period to which they relate.

Directors' pensions relate to the employers element of pension obligations due under auto enrolment as well as additional lump sum contributions and are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 20 ) .

SCRIPTORIA LTD (REGISTERED NUMBER: 07539231)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2022 150,000 2,886 152,886
Additions - 10,938 10,938
At 31 March 2023 150,000 13,824 163,824
AMORTISATION
At 1 April 2022 82,500 - 82,500
Charge for year 7,500 681 8,181
At 31 March 2023 90,000 681 90,681
NET BOOK VALUE
At 31 March 2023 60,000 13,143 73,143
At 31 March 2022 67,500 2,886 70,386

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 52,283
Additions 1,062
At 31 March 2023 53,345
DEPRECIATION
At 1 April 2022 47,436
Charge for year 3,136
At 31 March 2023 50,572
NET BOOK VALUE
At 31 March 2023 2,773
At 31 March 2022 4,847

SCRIPTORIA LTD (REGISTERED NUMBER: 07539231)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 403,416 347,681
Amounts recoverable on contract - 11,473
Other debtors 1,590 1,737
405,006 360,891

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 37,576 104,182
Taxation and social security 66,405 69,194
Other creditors 83,441 44,079
187,422 217,455

8. RELATED PARTY DISCLOSURES

A floating charge is held by the company's bankers over the company's assets as part of the security for a commercial mortgage taken out personally by the directors to acquire the business premises they rent to the company at a fair market rent.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SCRIPTORIA LTD

The following reproduces the text of the report prepared for the directors 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 Profit and Loss Account and certain other primary statements and the Report of the Directors 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 Scriptoria Ltd for the year ended 31 March 2023 which comprise the Profit and Loss Account, 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 Board of Directors of Scriptoria Ltd, as a body, in accordance with the terms of our engagement letter dated 6 October 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Scriptoria Ltd and state those matters that we have agreed to state to the Board of Directors of Scriptoria Ltd, as a body, 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 Scriptoria Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Scriptoria 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 Scriptoria Ltd. You consider that Scriptoria Ltd 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 Scriptoria 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.






John F. Harvey
Dynevor House
5-6 De La Beche Street
Swansea
SA1 3HA


27 November 2023