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REGISTERED NUMBER: SC273951 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Sentinel Clerk of Works Limited

Sentinel Clerk of Works Limited (Registered number: SC273951)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sentinel Clerk of Works Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: B Malcolm





REGISTERED OFFICE: 3 Brentham Avenue
Stirling
Stirlingshire
FK8 2AY





REGISTERED NUMBER: SC273951 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Sentinel Clerk of Works Limited (Registered number: SC273951)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,825 6,343
6,825 6,343

CURRENT ASSETS
Stocks 59,295 92,198
Debtors 6 90,137 61,447
Prepayments and accrued income 2,136 2,190
Cash at bank 175,865 137,424
327,433 293,259
CREDITORS
Amounts falling due within one year 7 82,427 53,829
NET CURRENT ASSETS 245,006 239,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,831

245,773

PROVISIONS FOR LIABILITIES 1,706 1,205
NET ASSETS 250,125 244,568

CAPITAL AND RESERVES
Called up share capital 109 109
Share premium 2,495 2,495
Retained earnings 247,521 241,964
SHAREHOLDERS' FUNDS 250,125 244,568

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

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 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.

Sentinel Clerk of Works Limited (Registered number: SC273951)

Statement of Financial Position - continued
31 October 2023


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 Income Statement has not been delivered.

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





B Malcolm - Director


Sentinel Clerk of Works Limited (Registered number: SC273951)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Sentinel Clerk of Works Limited is a private company, limited by shares , registered in Scotland. 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.

Goodwill
Goodwill, representing the excess of the purchase price compared with the fair value of net assets acquired, has been capitalised and written off on a straight line basis over five years, as in the opinion of the directors this represented the period over which the goodwill was effective. Goodwill was fully written off as at 31st March 2009.

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

Stocks
Work in progress is valued at net realisable value. It represents work completed but not invoiced at the year end.

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 statement of financial position date.

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.

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 12 (2022 - 11 ) .

Sentinel Clerk of Works Limited (Registered number: SC273951)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 50,000
AMORTISATION
At 1 November 2022
and 31 October 2023 50,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 33,134
Additions 3,761
At 31 October 2023 36,895
DEPRECIATION
At 1 November 2022 26,791
Charge for year 3,279
At 31 October 2023 30,070
NET BOOK VALUE
At 31 October 2023 6,825
At 31 October 2022 6,343

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 90,137 61,447

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 1,972 -
Tax 16,857 10,880
Social security and other taxes 8,046 8,244
VAT 40,553 20,934
Other creditors 1,543 1,437
Directors' current accounts 640 328
Accruals and deferred income 12,816 12,006
82,427 53,829

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £41,550 (2022 - £23,050) were paid to the director .

Sentinel Clerk of Works Limited (Registered number: SC273951)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. RELATED PARTY DISCLOSURES - continued

A loan of £200 has been provided by a shareholder of the company. This loan is interest free and payable on demand.