Company Registration No. 9056508 (England and Wales)
Scrum and Kanban Limited
Unaudited accounts
for the year ended 31 March 2024
Scrum and Kanban Limited
Unaudited accounts
Contents
Scrum and Kanban Limited
Company Information
for the year ended 31 March 2024
Directors
David Lowe
Helen Lowe
Company Number
9056508 (England and Wales)
Registered Office
Innovation Centre
Howbery Business Park, Benson Lane
Wallingford
Oxfordshire
OX10 8BA
UK
Accountants
Capsa Accounting Ltd
2 The Moorings
Conyer
Sittingbourne
Kent
ME9 9HQ
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Scrum and Kanban Limited
for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Scrum and Kanban Limited for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Capsa Accounting Ltd
Member in Practice
2 The Moorings
Conyer
Sittingbourne
Kent
ME9 9HQ
3 April 2024
Scrum and Kanban Limited
Statement of financial position
as at 31 March 2024
Tangible assets
1,011
2,393
Cash at bank and in hand
10,947
56,977
Creditors: amounts falling due within one year
(14,537)
(34,748)
Net current (liabilities)/assets
(2,836)
45,339
Total assets less current liabilities
(1,825)
47,732
Creditors: amounts falling due after more than one year
(17,884)
(23,275)
Net (liabilities)/assets
(19,709)
24,457
Called up share capital
10
10
Profit and loss account
(19,719)
24,447
Shareholders' funds
(19,709)
24,457
For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2024 and were signed on its behalf by
David Lowe
Director
Company Registration No. 9056508
Scrum and Kanban Limited
Notes to the Accounts
for the year ended 31 March 2024
Scrum and Kanban Limited is a private company, limited by shares, registered in England and Wales, registration number 9056508. The registered office is Innovation Centre, Howbery Business Park, Benson Lane, Wallingford, Oxfordshire, OX10 8BA, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
50% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
50% Straight Line
Computer equipment
50% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Scrum and Kanban Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
333
528
1,159
14,665
16,685
Additions
-
-
-
1,498
1,498
Disposals
-
-
-
(6,297)
(6,297)
At 31 March 2024
333
528
1,159
9,866
11,886
At 1 April 2023
333
528
1,159
12,272
14,292
Charge for the year
-
-
-
2,880
2,880
On disposals
-
-
-
(6,297)
(6,297)
At 31 March 2024
333
528
1,159
8,855
10,875
At 31 March 2024
-
-
-
1,011
1,011
At 31 March 2023
-
-
-
2,393
2,393
Amounts falling due within one year
Accrued income and prepayments
-
5,340
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,086
9,931
Taxes and social security
6,641
24,743
Loans from directors
(190)
74
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10 Ordinary Shares of £1 each
10
10
Scrum and Kanban Limited
Notes to the Accounts
for the year ended 31 March 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Current Account
(37)
8,132
8,000
95
Director's Current Account
(37)
8,132
8,000
95
David Lowe and Helen Lowe are the directors and each is a 50% shareholder.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).