IRIS Accounts Production v24.1.9.2 NI642772 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6427722022-12-31NI6427722023-12-31NI6427722023-01-012023-12-31NI6427722021-12-31NI6427722022-01-012022-12-31NI6427722022-12-31NI642772ns15:NorthernIreland2023-01-012023-12-31NI642772ns14:PoundSterling2023-01-012023-12-31NI642772ns10:Director12023-01-012023-12-31NI642772ns10:Director22023-01-012023-12-31NI642772ns10:PrivateLimitedCompanyLtd2023-01-012023-12-31NI642772ns10:SmallEntities2023-01-012023-12-31NI642772ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-31NI642772ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-31NI642772ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-31NI642772ns10:FullAccounts2023-01-012023-12-31NI642772ns10:OrdinaryShareClass12023-01-012023-12-31NI642772ns5:CurrentFinancialInstruments2023-12-31NI642772ns5:CurrentFinancialInstruments2022-12-31NI642772ns5:ShareCapital2023-12-31NI642772ns5:ShareCapital2022-12-31NI642772ns5:RetainedEarningsAccumulatedLosses2023-12-31NI642772ns5:RetainedEarningsAccumulatedLosses2022-12-31NI642772ns10:RegisteredOffice2023-01-012023-12-31NI642772ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-31NI642772ns5:LeaseholdImprovements2022-12-31NI642772ns5:FurnitureFittings2022-12-31NI642772ns5:ComputerEquipment2022-12-31NI642772ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-012023-12-31NI642772ns5:LeaseholdImprovements2023-01-012023-12-31NI642772ns5:FurnitureFittings2023-01-012023-12-31NI642772ns5:ComputerEquipment2023-01-012023-12-31NI642772ns5:ShortLeaseholdAssetsns5:LandBuildings2023-12-31NI642772ns5:LeaseholdImprovements2023-12-31NI642772ns5:FurnitureFittings2023-12-31NI642772ns5:ComputerEquipment2023-12-31NI642772ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-31NI642772ns5:LeaseholdImprovements2022-12-31NI642772ns5:FurnitureFittings2022-12-31NI642772ns5:ComputerEquipment2022-12-31NI642772ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31NI642772ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31NI642772ns5:MoreThanFiveYears2023-12-31NI642772ns5:MoreThanFiveYears2022-12-31NI642772ns10:OrdinaryShareClass12023-12-31NI642772ns5:RetainedEarningsAccumulatedLosses2022-12-31NI642772ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: NI642772 (Northern Ireland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SCARIFF LTD

SCARIFF LTD (REGISTERED NUMBER: NI642772)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


SCARIFF LTD (REGISTERED NUMBER: NI642772)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,806 148,250

CURRENT ASSETS
Debtors 5 10,670 10,495
Cash at bank and in hand 380,450 661,253
391,120 671,748
CREDITORS
Amounts falling due within one year 6 309,219 581,711
NET CURRENT ASSETS 81,901 90,037
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,707

238,287

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 190,706 238,286
SHAREHOLDERS' FUNDS 190,707 238,287

SCARIFF LTD (REGISTERED NUMBER: NI642772)

BALANCE SHEET - continued
31 DECEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:




Mr T Gleeson - Director



Mr F Gleeson - Director


SCARIFF LTD (REGISTERED NUMBER: NI642772)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Scariff Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address are as below:

Registered number: NI642772

Registered office: Ground Floor Unit 1 Longbridge House
16-24 Waring Street
Belfast
BT1 2DX

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 appropriate rate required in order to write off each asset over its estimate useful life.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 27 (2022 - 22 ) .

SCARIFF LTD (REGISTERED NUMBER: NI642772)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Leasehold Fixtures
Lease property and Computer
premium improvement fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 3,000 240,690 138,221 10,634 392,545
Additions - - 10,192 - 10,192
At 31 December 2023 3,000 240,690 148,413 10,634 402,737
DEPRECIATION
At 1 January 2023 1,906 151,374 84,366 6,649 244,295
Charge for year 375 31,155 16,776 1,330 49,636
At 31 December 2023 2,281 182,529 101,142 7,979 293,931
NET BOOK VALUE
At 31 December 2023 719 58,161 47,271 2,655 108,806
At 31 December 2022 1,094 89,316 53,855 3,985 148,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 5,811 2,288
Prepayments 4,859 8,207
10,670 10,495

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 52,946 53,451
Corporation tax - 23,664
PAYE/NI 12,551 5,049
VAT 64,099 62,810
Other creditors 167,698 428,858
Accruals 11,925 7,879
309,219 581,711

SCARIFF LTD (REGISTERED NUMBER: NI642772)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
In more than five years 48,100 48,100

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 January 2023 238,286
Deficit for the year (47,580 )
At 31 December 2023 190,706

10. CHARGES

Allied Irish Banks P.L.C registered a debenture fixed and floating charge over the assets of the company on 7 December 2018.