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REGISTERED NUMBER: SC482333 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023

FOR

SARCRALEX LTD

SARCRALEX LTD (REGISTERED NUMBER: SC482333)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

SARCRALEX LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTOR: Mrs S J Innes





REGISTERED OFFICE: Acumen House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN





REGISTERED NUMBER: SC482333 (Scotland)





ACCOUNTANTS: Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

SARCRALEX LTD (REGISTERED NUMBER: SC482333)

BALANCE SHEET
31ST JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,192 1,590

CURRENT ASSETS
Debtors 5 105,863 77,231
Cash at bank 3,858 6,534
109,721 83,765
CREDITORS
Amounts falling due within one year 6 97,811 63,291
NET CURRENT ASSETS 11,910 20,474
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,102

22,064

CREDITORS
Amounts falling due after more than one
year

7

12,999

19,000
NET ASSETS 103 3,064

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3 2,964
SHAREHOLDERS' FUNDS 103 3,064

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

SARCRALEX LTD (REGISTERED NUMBER: SC482333)

BALANCE SHEET - continued
31ST JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th March 2024 and were signed by:





Mrs S J Innes - Director


SARCRALEX LTD (REGISTERED NUMBER: SC482333)

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

1. STATUTORY INFORMATION

Sarcralex Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st August 2022
and 31st July 2023 1,590
DEPRECIATION
Charge for year 398
At 31st July 2023 398
NET BOOK VALUE
At 31st July 2023 1,192
At 31st July 2022 1,590

SARCRALEX LTD (REGISTERED NUMBER: SC482333)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 20,160 18,900
Other debtors 21,323 13,126
Directors' current accounts 64,380 45,205
105,863 77,231

The loan to the director is interest free with no fixed terms of repayment.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 6,000 5,999
Trade creditors - 2,080
Corporation tax 88,508 51,570
Social security and other taxes 207 134
VAT 3,096 3,508
97,811 63,291

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans - 1-5 years 12,999 19,000

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2023 and 31st July 2022:

2023 2022
£    £   
Mrs S J Innes
Balance outstanding at start of year 45,205 40,387
Amounts advanced 161,070 133,487
Amounts repaid (141,895 ) (128,669 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 64,380 45,205

9. ULTIMATE CONTROLLING PARTY

Sarah Innes, director, is the ultimate controlling party.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SARCRALEX LTD (REGISTERED NUMBER: SC482333)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sarcralex Ltd for the year ended 31st July 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Sarcralex Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sarcralex Ltd and state those matters that we have agreed to state to the director of Sarcralex Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Sarcralex Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sarcralex Ltd. You consider that Sarcralex Ltd 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 financial statements of Sarcralex Ltd. 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 financial statements.






Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


5th March 2024