2022-11-01 SC200576 2023-10-31 SC200576 2022-11-01 2023-10-31 SC200576 2022-10-31 SC200576 2021-11-01 2022-10-31 SC200576 uk-core:WithinOneYear 2022-10-31 SC200576 uk-core:WithinOneYear 2023-10-31 SC200576 uk-core:ShareCapital 2023-10-31 SC200576 uk-core:ShareCapital 2022-10-31 SC200576 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC200576 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 SC200576 uk-bus:Director1 2022-11-01 2023-10-31 SC200576 uk-core:PlantMachinery 2022-11-01 2023-10-31 SC200576 uk-core:ToolsEquipment 2022-11-01 2023-10-31 SC200576 uk-core:ToolsEquipment 2022-10-31 SC200576 uk-core:PlantMachinery 2022-10-31 SC200576 uk-core:PlantMachinery 2023-10-31 SC200576 uk-core:ToolsEquipment 2023-10-31 SC200576 uk-core:WithinOneYear 2023-10-31 SC200576 uk-core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure SC200576 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 SC200576 uk-bus:FRS102 2022-11-01 2023-10-31 SC200576 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 SC200576 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
Scientific Searching Scotland Ltd
Registered Number:SC200576
For the year ended 31 October 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 October 2023
Scientific Searching Scotland Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC200576
As at 31 October 2023
Scientific Searching Scotland Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2,827
92
2
2,827
92
Current assets
6,633
Cash and cash equivalents
20,320
20,320
6,633
Trade and other payables: amounts falling due within one
year
(1,630)
(3,992)
3
5,003
16,328
Net current assets
Total assets less current liabilities
19,155
5,095
19,155
Net assets
5,095
Capital and reserves
Called up share capital
2
2
Retained earnings
19,153
5,093
19,155
5,095
Shareholders' funds
For the year ended 31 October 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr M R Banks BSc, PhD Director
These financial statements were approved and authorised for issue by the Board on 28 July 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 October 2023
Scientific Searching Scotland Ltd
Notes to the Financial Statements
Statutory Information
Scientific Searching Scotland Ltd is a private limited company, limited by shares, domiciled in Scotland, registration
number SC200576.
Principal place of business:
6 Mayfield Terrace
Edinburgh
EH9 1SA
Registered address:
2-4 Salamander Place
Edinburgh
EH6 7JB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
2 of 3
5
For the year ended 31 October 2023
Scientific Searching Scotland Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Plant and
machinery
£
£
£
Cost or
valuation
At 01 November 2022
7,636
7,220
416
2,885
2,885
-
Additions
At 31 October 2023
416
10,105
10,521
Provision for depreciation and impairment
At 01 November 2022
7,544
7,128
416
Charge for year
150
150
-
At 31 October 2023
7,694
7,278
416
At 31 October 2023
Net book value
-
2,827
2,827
At 31 October 2022
-
92
92
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
1,515
-
Taxation and social security
533
-
Other creditors
1,944
1,630
3,992
1,630
4. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
3 of 3