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REGISTERED NUMBER: 08152170 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

SCARSON COMPUTING LIMITED

SCARSON COMPUTING LIMITED (REGISTERED NUMBER: 08152170)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


SCARSON COMPUTING LIMITED (REGISTERED NUMBER: 08152170)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 543 719

CURRENT ASSETS
Debtors 5 28,838 28,530
Cash at bank 11 1,027
28,849 29,557
CREDITORS
Amounts falling due within one year 6 28,124 18,674
NET CURRENT ASSETS 725 10,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,268

11,602

CREDITORS
Amounts falling due after more than one
year

7

3,863

5,868
NET (LIABILITIES)/ASSETS (2,595 ) 5,734

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings (3,595 ) 4,734
SHAREHOLDERS' FUNDS (2,595 ) 5,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





Mr J P Hannan - Director


SCARSON COMPUTING LIMITED (REGISTERED NUMBER: 08152170)

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

1. STATUTORY INFORMATION

Scarson Computing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08152170

Registered office: 24 Marlings Park Avenue
Chislehurst
Kent
BR7 6QW

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
At 31 July 2023 the company has net liabilities of £2,595. The director will continue to provide the company with financial support as and when required. The director therefore considers it appropriate to prepare the accounts on a going concern basis.

Turnover
Turnover represents the fair value of services provided during the year. Turnover is recognised as contract activity progresses and the right to consideration is earned. Fair value reflects the amount expected to be recoverable from clients. Turnover excludes value added tax. Unbilled turnover on individual contracts is included as accrued income within other debtors.

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 etc - 33% on reducing balance and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES

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

SCARSON COMPUTING LIMITED (REGISTERED NUMBER: 08152170)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 1,458
DEPRECIATION
At 1 August 2022 739
Charge for year 176
At 31 July 2023 915
NET BOOK VALUE
At 31 July 2023 543
At 31 July 2022 719

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,346 28,125
Other debtors 1,492 405
28,838 28,530

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,099 1,909
Trade creditors 12,871 4,648
Taxation and social security 3,820 2,854
Other creditors 7,334 9,263
28,124 18,674

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 3,863 5,868

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £10 1,000 1,000