SCL GLOBAL LIMITED

Company Registration Number:
13609675 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 January 2023

End date: 31 March 2024

SCL GLOBAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SCL GLOBAL LIMITED

Balance sheet

As at 31 March 2024


Notes

15 months to 31 March 2024

16 months to 31 December 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 1,242,063 619,989
Total fixed assets: 1,242,063 619,989
Current assets
Cash at bank and in hand: 17,937 20,666
Total current assets: 17,937 20,666
Net current assets (liabilities): 17,937 20,666
Total assets less current liabilities: 1,260,000 640,655
Creditors: amounts falling due after more than one year: 4   (630,655)
Total net assets (liabilities): 1,260,000 10,000
Capital and reserves
Called up share capital: 1,260,000 10,000
Shareholders funds: 1,260,000 10,000

The notes form part of these financial statements

SCL GLOBAL LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: Gaurav Gupta
Status: Director

The notes form part of these financial statements

SCL GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

The GBP to USD conversion rate was taken as the day closing rate as on 31 December 2022 and as on 31 March 2024 considered as 1.2097 & 1.2600 respectively.

SCL GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

15 months to 31 March 2024 16 months to 31 December 2022
Average number of employees during the period 29 4

SCL GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Fixed investments

Investments in Equity Shares of Companies.

SCL GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due after more than one year note

Loan from Shareholders.

SCL GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Changes in presentation and prior period adjustments

Role of the Directors: The boards are the principal decision-making forum. The boards have the overall responsibility for leading and supervising the company for delivering sustainable shareholder value through its guidance and supervision of the company’s business. The board sets the strategies and policies of the company. They monitor performance of the company’s business, guide and supervise its management. Events after period end: In the opinion of the board no transaction or event of a material and unusual nature, favourable or unfavourable has arisen in the interval between the end of the financial year and the date of this report, that is likely to effect, substantially the result of the operations or the financial position of the entity. Statement of Director’s responsibilities: The applicable requirements, require the Directors to prepare the financial statement for each financial year which presents fairly in all material aspects, the financial position of the entity and its financial performance for the year then ended.