Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 September 2021 false 1 January 2023 31 December 2023 31 December 2023 12801844 Mr David Lambert Mr David Smith Mr David Lambert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12801844 2022-12-31 12801844 2023-12-31 12801844 2023-01-01 2023-12-31 12801844 frs-core:CurrentFinancialInstruments 2023-12-31 12801844 frs-core:SharePremium 2023-12-31 12801844 frs-core:ShareCapital 2023-12-31 12801844 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12801844 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12801844 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12801844 frs-bus:SmallEntities 2023-01-01 2023-12-31 12801844 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12801844 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12801844 frs-bus:Director1 2023-01-01 2023-12-31 12801844 frs-bus:Director2 2023-01-01 2023-12-31 12801844 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 12801844 frs-core:CurrentFinancialInstruments 1 2023-12-31 12801844 frs-countries:EnglandWales 2023-01-01 2023-12-31 12801844 2021-08-31 12801844 2022-12-31 12801844 2021-09-01 2022-12-31 12801844 frs-core:CurrentFinancialInstruments 2022-12-31 12801844 frs-core:SharePremium 2022-12-31 12801844 frs-core:ShareCapital 2022-12-31 12801844 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 12801844 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 12801844
Scott & Chase Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Chimes Accountancy Services Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12801844
31 December 2023 31 December 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 110,500 98,312
Cash at bank and in hand 95 2,952
110,595 101,264
Creditors: Amounts Falling Due Within One Year 5 (27,953 ) (19,909 )
NET CURRENT ASSETS (LIABILITIES) 82,642 81,355
TOTAL ASSETS LESS CURRENT LIABILITIES 82,642 81,355
NET ASSETS 82,642 81,355
CAPITAL AND RESERVES
Called up share capital 6 100 100
Share premium account 86,640 86,640
Profit and Loss Account (4,098 ) (5,385 )
SHAREHOLDERS' FUNDS 82,642 81,355
For the year ending 31 December 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Smith
Director
07/08/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Scott & Chase Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12801844 . The registered office is First Floor 13 High Street, Marlow, Buckinghamshire, SL7 1AU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: 2)
- 2
4. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 24,500 14,312
Other debtors (1) 86,000 84,000
110,500 98,312
5. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 22,380 14,030
VAT 4,972 5,278
Other creditors 601 601
27,953 19,909
6. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
Page 2