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REGISTERED NUMBER: 14322867 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Scholar & Sage Ltd

Scholar & Sage Ltd (Registered number: 14322867)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Scholar & Sage Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Miss A S Hamilton
Mr B Pedersen-Walker





REGISTERED OFFICE: 183 Arle Road
Cheltenham
Gloucestershire
GL51 8LS





REGISTERED NUMBER: 14322867 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

Scholar & Sage Ltd (Registered number: 14322867)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,065 -

CURRENT ASSETS
Debtors 5 2,381 1,966
Cash at bank 97,840 9,592
100,221 11,558
CREDITORS
Amounts falling due within one year 6 58,181 3,712
NET CURRENT ASSETS 42,040 7,846
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,105

7,846

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 43,103 7,844
43,105 7,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Scholar & Sage Ltd (Registered number: 14322867)

Balance Sheet - continued
31 August 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:




Miss A S Hamilton - Director



Mr B Pedersen-Walker - Director


Scholar & Sage Ltd (Registered number: 14322867)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Scholar & Sage Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.
Plant and machinery etc - 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,598
At 31 August 2024 1,598
DEPRECIATION
Charge for year 533
At 31 August 2024 533
NET BOOK VALUE
At 31 August 2024 1,065

Scholar & Sage Ltd (Registered number: 14322867)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors - 860
Other debtors 2,381 1,106
2,381 1,966

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 1 317
Taxation and social security 34,797 2,448
Other creditors 23,383 947
58,181 3,712