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Company Registration No. 09531451 (England and Wales)
Scale ALM Ltd Filleted accounts for the period from 1 January 2023 to 30 June 2024
Scale ALM Ltd Filleted accounts Contents
Page
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Scale ALM Ltd Company Information for the period from 1 January 2023 to 30 June 2024
Directors
Michel Gauer Lucian Rautu
Company Number
09531451 (England and Wales)
Registered Office
Unit 6, 102 Camley Street London N1C 4PF
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Scale ALM Ltd Statement of financial position as at 30 June 2024
2024 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
1,132 
Cash at bank and in hand
5,072 
8,795 
5,072 
9,927 
Creditors: amounts falling due within one year
- 
(870,412)
Net current assets/(liabilities)
5,072 
(860,485)
Net assets/(liabilities)
5,072 
(860,485)
Capital and reserves
Called up share capital
891 
891 
Profit and loss account
4,181 
(861,376)
Shareholders' funds
5,072 
(860,485)
For the period ending 30 June 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
Lucian Rautu Director Company Registration No. 09531451
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Scale ALM Ltd Notes to the Accounts for the period from 1 January 2023 to 30 June 2024
1
Statutory information
Scale ALM Ltd is a private company, limited by shares, registered in England and Wales, registration number 09531451. The registered office is Unit 6, 102 Camley Street, London, N1C 4PF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FFRS 102 Section 1A - Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments
Investments in shares are included at fair value.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,132 
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Scale ALM Ltd Notes to the Accounts for the period from 1 January 2023 to 30 June 2024
5
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Trade creditors
- 
870,412 
6
Share capital
2024 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,001 Ordinary shares of £0.89 each
890.89 
890.89 
7
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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