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Company Registration No. 10453344 (England and Wales)
Scoreunderscore Ltd Unaudited accounts for the year ended 30 December 2023
Scoreunderscore Ltd Unaudited accounts Contents
Page
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Scoreunderscore Ltd Company Information for the year ended 30 December 2023
Directors
Francesco Villa Andrea Velletrani Raffaella Gianfilippi De Parenti
Company Number
10453344 (England and Wales)
Registered Office
22 EASTCHEAP 2ND FLOOR LONDON EC3M 1EU UNITED KINGDOM
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Scoreunderscore Ltd Statement of financial position as at 30 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
990 
1,608 
Current assets
Debtors
27,660 
56,206 
Cash at bank and in hand
4,133 
5,050 
31,793 
61,256 
Creditors: amounts falling due within one year
(22,515)
(64,968)
Net current assets/(liabilities)
9,278 
(3,712)
Net assets/(liabilities)
10,268 
(2,104)
Capital and reserves
Called up share capital
100 
100 
Share premium
275,726 
275,726 
Capital contribution reserve
188,203 
188,203 
Profit and loss account
(453,761)
(466,133)
Shareholders' funds
10,268 
(2,104)
For the year ending 30 December 2023 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 30 September 2023 and were signed on its behalf by
Andrea Velletrani Director Company Registration No. 10453344
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Scoreunderscore Ltd Notes to the Accounts for the year ended 30 December 2023
1
Statutory information
Scoreunderscore Ltd is a private company, limited by shares, registered in England and Wales, registration number 10453344. The registered office is 22 EASTCHEAP, 2ND FLOOR, LONDON, EC3M 1EU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 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 year, 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. The Company's functional currency is Eur. Items of assets and liabilities (including comparatives) are translated into the presentation currency at the official rate of exchange ruling at the closing date. Items of income and expenditure (including comparatives) are translated into the presentation currency at the official average rate of exchange.
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. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% SLM
Going concern
The Directors are taking all reasonable steps, as part of the Company's risk management policy, to ensure continued operations and believe it appropriate for the going concern basis to be adopted for these financial statements.
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Scoreunderscore Ltd Notes to the Accounts for the year ended 30 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 31 December 2022
4,067 
At 30 December 2023
4,067 
Depreciation
At 31 December 2022
2,459 
Charge for the year
618 
At 30 December 2023
3,077 
Net book value
At 30 December 2023
990 
At 30 December 2022
1,608 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,369 
21,992 
Other debtors
9,395 
2,539 
11,764 
24,531 
Amounts falling due after more than one year
Other debtors
15,896 
31,675 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(825)
(486)
Trade creditors
20,828 
17,405 
Taxes and social security
2,512 
5,013 
Other creditors
- 
43,036 
22,515 
64,968 
Within Other Creditors: Loan from Chigwell Enterprises Ltd: £8,695.54; Loan from Stockwell & Co Ltd: £34340.80. Loans are interest free and repayable on demand
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Scoreunderscore Ltd Notes to the Accounts for the year ended 30 December 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Francesco Villa
Loan to
31,675 
- 
- 
31,675 
31,675 
- 
- 
31,675 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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