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Company Registration No. 08655418 (England and Wales)
Scout & Co Ltd Unaudited accounts for the year ended 31 August 2023
Scout & Co Ltd Unaudited accounts Contents
Page
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Scout & Co Ltd Company Information for the year ended 31 August 2023
Directors
Nicola Westbury Fiamma Poltock
Company Number
08655418 (England and Wales)
Registered Office
Unit 2 112 Malling Street Lewes BN7 2RG
Accountants
Emily Squires FCCA 11 Tudor Close Hove East Sussex BN3 7NR
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Scout & Co Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,439 
2,072 
Current assets
Inventories
116,614 
138,341 
Debtors
22,871 
24,109 
Cash at bank and in hand
(19,088)
(2,285)
120,397 
160,165 
Creditors: amounts falling due within one year
(72,587)
(74,893)
Net current assets
47,810 
85,272 
Total assets less current liabilities
49,249 
87,344 
Creditors: amounts falling due after more than one year
(32,500)
(41,628)
Net assets
16,749 
45,716 
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
16,743 
45,710 
Shareholders' funds
16,749 
45,716 
For the year ending 31 August 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 4 March 2024 and were signed on its behalf by
Nicola Westbury Director Company Registration No. 08655418
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Scout & Co Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Scout & Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 08655418. The registered office is Unit 2, 112 Malling Street, Lewes, BN7 2RG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Fixtures & fittings
15% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2022
5,200 
At 31 August 2023
5,200 
Depreciation
At 1 September 2022
3,128 
Charge for the year
633 
At 31 August 2023
3,761 
Net book value
At 31 August 2023
1,439 
At 31 August 2022
2,072 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6 
6 
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Scout & Co Ltd Notes to the Accounts for the year ended 31 August 2023
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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