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REGISTERED NUMBER: 02109764 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST MAY 2024

FOR

SCOTT-HAMLIN LIMITED

SCOTT-HAMLIN LIMITED (REGISTERED NUMBER: 02109764)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1ST MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

SCOTT-HAMLIN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 1ST MAY 2024







DIRECTORS: H Scott
J E Scott
M S Scott
T K Scott



SECRETARY: J E Scott



REGISTERED OFFICE: Parker Hartley & Co
2 Waverley Street
The Groves
York
YO31 7QZ



REGISTERED NUMBER: 02109764 (England and Wales)



ACCOUNTANTS: Parker Hartley & Co
2 Waverley Street
The Groves
York
YO31 7QZ



BANKERS: Lloyds Bank plc
The Pavement
York
YO1 9LB



SOLICITORS: Ware & Kay
Sentinel House
Peasholme Green
York
YO1 7PP

SCOTT-HAMLIN LIMITED (REGISTERED NUMBER: 02109764)

BALANCE SHEET
1ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 412,783 416,418

CURRENT ASSETS
Stocks 1,350 1,975
Debtors 5 847,413 855,047
Cash at bank and in hand 814 819
849,577 857,841
CREDITORS
Amounts falling due within one year 6 143,806 189,444
NET CURRENT ASSETS 705,771 668,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,118,554

1,084,815

CREDITORS
Amounts falling due after more than one
year

7

(175,670

)

(213,894

)

PROVISIONS FOR LIABILITIES (8,046 ) (6,353 )
NET ASSETS 934,838 864,568

CAPITAL AND RESERVES
Called up share capital 18,000 18,000
Retained earnings 916,838 846,568
SHAREHOLDERS' FUNDS 934,838 864,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 1st May 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.

SCOTT-HAMLIN LIMITED (REGISTERED NUMBER: 02109764)

BALANCE SHEET - continued
1ST MAY 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 19th August 2024 and were signed on its behalf by:




H Scott - Director



J E Scott - Director


SCOTT-HAMLIN LIMITED (REGISTERED NUMBER: 02109764)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1ST MAY 2024

1. STATUTORY INFORMATION

Scott-Hamlin Limited 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.
Freehold property - not provided
Improvements to property - not provided
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

SCOTT-HAMLIN LIMITED (REGISTERED NUMBER: 02109764)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1ST MAY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 24 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
At 2nd May 2023
and 1st May 2024 319,417 62,917 138,893 258,328 779,555
DEPRECIATION
At 2nd May 2023 - - 117,461 245,676 363,137
Charge for year - - 2,370 1,265 3,635
At 1st May 2024 - - 119,831 246,941 366,772
NET BOOK VALUE
At 1st May 2024 319,417 62,917 19,062 11,387 412,783
At 1st May 2023 319,417 62,917 21,432 12,652 416,418

Freehold property and improvements to property are not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,000 32,530
Amounts owed by group undertakings 821,267 821,267
VAT 13,896 -
Prepayments 1,250 1,250
847,413 855,047

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 39,344 125,763
Trade creditors 600 800
Tax 26,228 4,116
Social security and other taxes 1,695 17,765
Directors' current accounts 61,416 26,416
Accruals 14,523 14,584
143,806 189,444

SCOTT-HAMLIN LIMITED (REGISTERED NUMBER: 02109764)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1ST MAY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 133,824 112,459
Bank loans 41,846 101,435
175,670 213,894

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 41,846 101,435

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 211,832 258,520

Bank loans are secured over the assets of the company.
Mr & Mrs Scott have further guaranteed bank loans to a total of £65,000.
The parent Company has guaranteed bank loans to a total of £50,000 and
by a legal charge over the property.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr H Scott and Mrs J Scott.

SCOTT-HAMLIN LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
SCOTT-HAMLIN LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 1st May 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Parker Hartley & Co
2 Waverley Street
The Groves
York
YO31 7QZ


19th August 2024