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REGISTERED NUMBER: 06473826 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THE SCOTT OWNERS' CLUB LIMITED

THE SCOTT OWNERS' CLUB LIMITED (REGISTERED NUMBER: 06473826)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE SCOTT OWNERS' CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: L W Onions
I Parsons





REGISTERED OFFICE: Allium House
36 Water Street
Birmingham
B3 1HP





REGISTERED NUMBER: 06473826 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

THE SCOTT OWNERS' CLUB LIMITED (REGISTERED NUMBER: 06473826)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 5,771 5,931
Cash at bank and in hand 41,940 40,974
47,711 46,905
CREDITORS
Amounts falling due within one year 5 2,863 2,863
NET CURRENT ASSETS 44,848 44,042
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,848

44,042

CREDITORS
Amounts falling due after more than one
year

6

28,232

28,232
NET ASSETS 16,616 15,810

RESERVES
Income and expenditure account 16,616 15,810
16,616 15,810

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 surplus or deficit 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 SCOTT OWNERS' CLUB LIMITED (REGISTERED NUMBER: 06473826)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Statement of Income and Retained Earnings 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:





L W Onions - Director


THE SCOTT OWNERS' CLUB LIMITED (REGISTERED NUMBER: 06473826)

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


1. STATUTORY INFORMATION

The Scott Owners' Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the sale of goods and member subscriptions.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 429
DEPRECIATION
At 1 January 2023
and 31 December 2023 429
NET BOOK VALUE
At 31 December 2023 -

THE SCOTT OWNERS' CLUB LIMITED (REGISTERED NUMBER: 06473826)

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


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,863 2,863

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 28,232 28,232

7. LIMITED BY GUARANTEE

The company is a company limited by limited guarantee and does not therefore have a share capital.

The liability of the members is limited

Every member of the company undertakes to contribute to the assets of the company in the event of the same being wound up while he is a member, or within one year after he ceases to be a member, for the payment of the debts and liabilities of the company contracted before he ceased to be a member, and of the costs, charges, expenses of winding up, and for the adjustment of the rights of the contributories among themselves, such as may be required, not exceeding £1.

The number of members is unlimited.