2022-11-01 05962692 2023-10-31 05962692 2022-11-01 2023-10-31 05962692 2022-10-31 05962692 2021-11-01 2022-10-31 05962692 uk-core:WithinOneYear 2022-10-31 05962692 uk-core:WithinOneYear 2023-10-31 05962692 uk-core:ShareCapital 2023-10-31 05962692 uk-core:ShareCapital 2022-10-31 05962692 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 05962692 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 05962692 uk-bus:Director1 2022-11-01 2023-10-31 05962692 uk-core:VehiclesPlantMachinery 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure 05962692 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05962692 uk-bus:FRS102 2022-11-01 2023-10-31 05962692 uk-bus:FullAccounts 2022-11-01 2023-10-31 05962692 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
SCARLETT & GUEST BUILDING SERVICES LIMITED
Registered Number:05962692
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
05962692
As at 31 October 2023
SCARLETT & GUEST BUILDING SERVICES LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
14,768
19,690
2
14,768
19,690
Current assets
Trade and other receivables
8,505
9,661
3
71,078
Cash and cash equivalents
83,791
93,452
79,583
Trade and other payables: amounts falling due within one
year
(12,701)
(10,089)
4
66,882
83,363
Net current assets
Total assets less current liabilities
98,131
86,572
(2,806)
(3,741)
Provisions for liabilities
95,325
Net assets
82,831
Capital and reserves
Called up share capital
2
2
Retained earnings
95,323
82,829
95,325
82,831
Shareholders' funds
For the year ended 31 October 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ryan John Guest Director
These financial statements were approved and authorised for issue by the Board on 08 February 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 31 October 2023
SCARLETT & GUEST BUILDING SERVICES LIMITED
Notes to the Financial Statements
Statutory Information
SCARLETT & GUEST BUILDING SERVICES LIMITED is a private limited company, limited by shares, domiciled in
England and Wales, registration number 05962692.
Registered address:
26 Saxon Drive
Rowley Regis
West Midlands
B65 9RD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
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.
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 November 2022
36,361
At 31 October 2023
36,361
Provision for depreciation and impairment
At 01 November 2022
16,671
Charge for year
4,922
At 31 October 2023
21,593
At 31 October 2023
Net book value
14,768
At 31 October 2022
19,690
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For the year ended 31 October 2023
SCARLETT & GUEST BUILDING SERVICES LIMITED
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
1,210
1,315
Prepayments and accrued income
541
530
Taxation and social security
7,910
6,660
8,505
9,661
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
8,557
9,574
Accruals and deferred income
705
705
Directors' loan accounts
827
2,422
10,089
12,701
5. Related party transactions
The ultimate controlling party during the year was Ryan Guest , director , whom controls the company by virtue of
owning 100% of the share capital.
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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