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REGISTERED NUMBER: 01688643 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

SCOPERIGHT LIMITED

SCOPERIGHT LIMITED (REGISTERED NUMBER: 01688643)






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


SCOPERIGHT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: M F Soul
Mrs L Soul





SECRETARY: M F Soul





REGISTERED OFFICE: Olney House
High Street
Olney
Buckinghamshire
MK46 4EB





REGISTERED NUMBER: 01688643 (England and Wales)





ACCOUNTANTS: React Business Services
City Pavilion, Cannon Green
27 Bush Lane
London
EC4R 0AA

SCOPERIGHT LIMITED (REGISTERED NUMBER: 01688643)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 965,034 853,737
Investments 5 5,049,263 5,049,263
6,014,297 5,903,000

CURRENT ASSETS
Debtors 6 607,054 261,092
Cash at bank 238,989 489,042
846,043 750,134
CREDITORS
Amounts falling due within one year 7 85,082 44,528
NET CURRENT ASSETS 760,961 705,606
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,775,258

6,608,606

CREDITORS
Amounts falling due after more than one
year

8

2,410,003

2,608,435
NET ASSETS 4,365,255 4,000,171

CAPITAL AND RESERVES
Called up share capital 71 71
Revaluation reserve 9 505,391 505,391
Capital redemption reserve (349,987 ) (349,987 )
Retained earnings 4,209,780 3,844,696
4,365,255 4,000,171

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.

SCOPERIGHT LIMITED (REGISTERED NUMBER: 01688643)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2023 and were signed on its behalf by:





M F Soul - Director


SCOPERIGHT LIMITED (REGISTERED NUMBER: 01688643)

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

1. STATUTORY INFORMATION

Scoperight 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

SCOPERIGHT LIMITED (REGISTERED NUMBER: 01688643)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 871,354 16,007 887,361
Additions 111,587 - 111,587
At 31 March 2023 982,941 16,007 998,948
DEPRECIATION
At 1 April 2022 18,529 15,095 33,624
Charge for year - 290 290
At 31 March 2023 18,529 15,385 33,914
NET BOOK VALUE
At 31 March 2023 964,412 622 965,034
At 31 March 2022 852,825 912 853,737

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 5,049,263
NET BOOK VALUE
At 31 March 2023 5,049,263
At 31 March 2022 5,049,263

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 4,992 1,252
Amounts owed by group undertakings 148,176 98,018
Other debtors 453,886 161,822
607,054 261,092

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 13,194 8,930
Taxation and social security 57,396 22,022
Other creditors 14,492 13,576
85,082 44,528

SCOPERIGHT LIMITED (REGISTERED NUMBER: 01688643)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 2,410,003 2,608,435

9. RESERVES
Revaluation
reserve
£   
At 1 April 2022
and 31 March 2023 505,391

10. RELATED PARTY DISCLOSURES

At the year end Belgrade Holdings Ltd, a subsidiary company owes the company £148,176.