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REGISTERED NUMBER: 09624458 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Scosau Limited

Scosau Limited (Registered number: 09624458)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Scosau Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: S Gosbell





REGISTERED OFFICE: 1 Ashdale Park
Yarnfield
Staffordshire
ST15 0SZ





REGISTERED NUMBER: 09624458 (England and Wales)





ACCOUNTANTS: Swan Accountancy Solutions Limited
4 Riverview
Walnut Tree Close
Guildford
Surrey
GU1 4UX

Scosau Limited (Registered number: 09624458)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,000 2,200
Tangible assets 5 136,158 58,728
142,158 60,928

CURRENT ASSETS
Stocks 6,000 4,000
Debtors 6 69,927 22,172
Cash at bank and in hand 47,130 26,687
123,057 52,859
CREDITORS
Amounts falling due within one
year

7

88,545

32,353
NET CURRENT ASSETS 34,512 20,506
TOTAL ASSETS LESS CURRENT
LIABILITIES

176,670

81,434

CREDITORS
Amounts falling due after more
than one year

8

(101,583

)

(47,598

)

PROVISIONS FOR LIABILITIES 10 (22,441 ) (11,158 )
NET ASSETS 52,646 22,678

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 52,546 22,578
SHAREHOLDERS' FUNDS 52,646 22,678

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

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

The director acknowledges his 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2024 and were signed by:





S Gosbell - Director


Scosau Limited (Registered number: 09624458)

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

1. STATUTORY INFORMATION

Scosau 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.

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

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 4 ) .

Scosau Limited (Registered number: 09624458)

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

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 July 2022 11,000
Additions 7,500
At 30 June 2023 18,500
AMORTISATION
At 1 July 2022 8,800
Amortisation for year 3,700
At 30 June 2023 12,500
NET BOOK VALUE
At 30 June 2023 6,000
At 30 June 2022 2,200

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2022 23,302 2,765 70,011 96,078
Additions 25,626 174 80,285 106,085
Disposals - - (20,297 ) (20,297 )
At 30 June 2023 48,928 2,939 129,999 181,866
DEPRECIATION
At 1 July 2022 7,130 2,190 28,030 37,350
Charge for year 7,334 162 20,736 28,232
Eliminated on disposal - - (19,874 ) (19,874 )
At 30 June 2023 14,464 2,352 28,892 45,708
NET BOOK VALUE
At 30 June 2023 34,464 587 101,107 136,158
At 30 June 2022 16,172 575 41,981 58,728

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 69,612 21,966
Other debtors 315 206
69,927 22,172

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9)
6,700

4,500
Hire purchase contracts 43,012 14,165
Trade creditors 14,101 5,511
Taxation and social security 7,494 2,931
Other creditors 17,238 5,246
88,545 32,353

Scosau Limited (Registered number: 09624458)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 9) 17,584 13,362
Hire purchase contracts 83,999 34,236
101,583 47,598

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 6,700 4,500

Amounts falling due between two and five years:
Bank loans - 2-5 years 17,584 13,362

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 22,441 11,158

Deferred
tax
£   
Balance at 1 July 2022 11,158
Provided during year 11,283
Balance at 30 June 2023 22,441

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Gosbell by virtue of his 100% interest in the ordinary share capital of the company.