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
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
Scout & Co Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
1,439
2,072
Inventories
116,614
138,341
Cash at bank and in hand
(19,088)
(2,285)
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)
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
Scout & Co Ltd
Notes to the Accounts
for the year ended 31 August 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6
6
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).