1 October 2022 false No description of principal activity Taxfiler 2023.12 10982294business:PrivateLimitedCompanyLtd2022-10-012023-09-30 109822942022-09-30 109822942022-10-012023-09-30 10982294business:AuditExemptWithAccountantsReport2022-10-012023-09-30 10982294business:FilletedAccounts2022-10-012023-09-30 109822942023-09-30 10982294business:Director12022-10-012023-09-30 10982294business:RegisteredOffice2022-10-012023-09-30 109822942022-09-30 10982294core:WithinOneYear2023-09-30 10982294core:WithinOneYear2022-09-30 10982294core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 10982294core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 10982294core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 10982294core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 10982294core:PreviouslyStatedAmount2023-09-30 10982294core:PreviouslyStatedAmount2022-09-30 10982294business:SmallEntities2022-10-012023-09-30 10982294countries:EnglandWales2022-10-012023-09-30 10982294core:MotorVehicles2022-10-012023-09-30 10982294core:ComputerEquipment2022-10-012023-09-30 10982294core:Goodwill2022-09-30 10982294core:Goodwill2023-09-30 10982294core:Goodwill2022-10-012023-09-30 10982294core:MotorVehicles2022-09-30 10982294core:ComputerEquipment2022-09-30 10982294core:MotorVehicles2023-09-30 10982294core:ComputerEquipment2023-09-30 10982294business:Director112022-10-012023-09-30 10982294business:Director112022-09-30 10982294business:Director112023-09-30 109822942021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 10982294 (England and Wales)
SCMG Stable Management Limited Unaudited accounts for the year ended 30 September 2023
SCMG Stable Management Limited Unaudited accounts Contents
Page
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SCMG Stable Management Limited Company Information for the year ended 30 September 2023
Director
Ian Phillips
Company Number
10982294 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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SCMG Stable Management Limited Accountants' report
Accountants' report to the director of SCMG Stable Management Limited on the preparation of the unaudited statutory accounts for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SCMG Stable Management Limited for the year ended 30 September 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SCMG Stable Management Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SCMG Stable Management Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SCMG Stable Management Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SCMG Stable Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SCMG Stable Management Limited. You consider that SCMG Stable Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SCMG Stable Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 18 December 2023
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SCMG Stable Management Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,000 
5,000 
Tangible assets
10,931 
14,263 
14,931 
19,263 
Current assets
Cash at bank and in hand
56,925 
56,407 
Creditors: amounts falling due within one year
(64,516)
(57,468)
Net current liabilities
(7,591)
(1,061)
Net assets
7,340 
18,202 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,240 
18,102 
Shareholders' funds
7,340 
18,202 
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 18 December 2023 and were signed on its behalf by
Ian Phillips Director Company Registration No. 10982294
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SCMG Stable Management Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
SCMG Stable Management Limited is a private company, limited by shares, registered in England and Wales, registration number 10982294. The registered office is 203 West Street , Fareham, PO16 0EN, United Kingdom.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost and amortisation of goodwill during the period of 10 Years .
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:
Motor vehicles
20% on reducing balance
Computer equipment
25% on reducing balance
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2022
10,000 
At 30 September 2023
10,000 
Amortisation
At 1 October 2022
5,000 
Charge for the year
1,000 
At 30 September 2023
6,000 
Net book value
At 30 September 2023
4,000 
At 30 September 2022
5,000 
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SCMG Stable Management Limited Notes to the Accounts for the year ended 30 September 2023
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2022
12,705 
20,157 
32,862 
At 30 September 2023
12,705 
20,157 
32,862 
Depreciation
At 1 October 2022
8,022 
10,577 
18,599 
Charge for the year
937 
2,395 
3,332 
At 30 September 2023
8,959 
12,972 
21,931 
Net book value
At 30 September 2023
3,746 
7,185 
10,931 
At 30 September 2022
4,683 
9,580 
14,263 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
63,484 
56,190 
Accruals
1,032 
1,278 
64,516 
57,468 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ian Phillips
Directors Loan Account
(56,190)
(10,089)
(2,795)
(63,484)
(56,190)
(10,089)
(2,795)
(63,484)
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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