IRIS Accounts Production v24.2.0.383 08950599 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089505992023-03-31089505992024-03-31089505992023-04-012024-03-31089505992022-03-31089505992022-04-012023-03-31089505992023-03-3108950599ns15:EnglandWales2023-04-012024-03-3108950599ns14:PoundSterling2023-04-012024-03-3108950599ns10:Director12023-04-012024-03-3108950599ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108950599ns10:SmallEntities2023-04-012024-03-3108950599ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3108950599ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108950599ns10:FullAccounts2023-04-012024-03-3108950599ns10:OrdinaryShareClass12023-04-012024-03-3108950599ns10:RegisteredOffice2023-04-012024-03-3108950599ns5:CurrentFinancialInstruments2024-03-3108950599ns5:CurrentFinancialInstruments2023-03-3108950599ns5:Non-currentFinancialInstruments2024-03-3108950599ns5:Non-currentFinancialInstruments2023-03-3108950599ns5:ShareCapital2024-03-3108950599ns5:ShareCapital2023-03-3108950599ns5:RetainedEarningsAccumulatedLosses2024-03-3108950599ns5:RetainedEarningsAccumulatedLosses2023-03-3108950599ns5:OwnedAssets2023-04-012024-03-3108950599ns5:OwnedAssets2022-04-012023-03-3108950599ns10:OrdinaryShareClass12022-04-012023-03-3108950599ns5:MotorVehicles2023-03-3108950599ns5:ComputerEquipment2023-03-3108950599ns5:MotorVehicles2023-04-012024-03-3108950599ns5:ComputerEquipment2023-04-012024-03-3108950599ns5:MotorVehicles2024-03-3108950599ns5:ComputerEquipment2024-03-3108950599ns5:MotorVehicles2023-03-3108950599ns5:ComputerEquipment2023-03-3108950599ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108950599ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3108950599ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3108950599ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3108950599ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3108950599ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3108950599ns10:OrdinaryShareClass12024-03-3108950599ns5:RetainedEarningsAccumulatedLosses2023-03-3108950599ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 08950599 (England and Wales)















REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ANDERSON SCOTT LTD

ANDERSON SCOTT LTD (Registered number: 08950599)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


ANDERSON SCOTT LTD

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTOR: K Enver



REGISTERED OFFICE: The Beechwood Centre
40 Lower Gravel Road
Bromley
Kent
BR2 8GP



REGISTERED NUMBER: 08950599 (England and Wales)



ACCOUNTANTS: Bennett & Co
The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR



BANKERS: Lloyds Bank PLC

ANDERSON SCOTT LTD (Registered number: 08950599)

REPORT OF THE DIRECTOR
for the Year Ended 31 MARCH 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Mortgage and Insurance Brokers.

DIVIDENDS
No interim dividend was paid during the year. The director recommends a final dividend of £1.695 per share.

The total distribution of dividends for the year ended 31 March 2024 will be £ 1,695 .

DIRECTOR
K Enver held office during the whole of the period from 1 April 2023 to the date of this report.

ON BEHALF OF THE BOARD:





K Enver - Director


7 October 2024

ANDERSON SCOTT LTD (Registered number: 08950599)

INCOME STATEMENT
for the Year Ended 31 MARCH 2024

31.3.24 31.3.23
Notes £    £   

TURNOVER 83,311 64,039

Cost of sales 16,351 1,672
GROSS PROFIT 66,960 62,367

Administrative expenses 57,679 53,742
OPERATING PROFIT 4 9,281 8,625


Interest payable and similar expenses 7,208 7,208
PROFIT BEFORE TAXATION 2,073 1,417

Tax on profit 5 150 332
PROFIT FOR THE FINANCIAL YEAR 1,923 1,085

ANDERSON SCOTT LTD (Registered number: 08950599)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 14,400 13,600

CURRENT ASSETS
Debtors 8 9,194 8,168
Cash at bank and in hand 12,592 8,005
21,786 16,173
CREDITORS
Amounts falling due within one year 9 3,575 12,953
NET CURRENT ASSETS 18,211 3,220
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,611

16,820

CREDITORS
Amounts falling due after more than one
year

10

31,003

15,440
NET ASSETS 1,608 1,380

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 12 608 380
SHAREHOLDERS' FUNDS 1,608 1,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:



K Enver - Director


ANDERSON SCOTT LTD (Registered number: 08950599)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

ANDERSON SCOTT LTD 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.

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.

3. EMPLOYEES AND DIRECTORS
31.3.24 31.3.23
£    £   
Wages and salaries 29,100 28,140

The average number of employees during the year was as follows:
31.3.24 31.3.23

Management 2 2

31.3.24 31.3.23
£    £   
Director's remuneration 20,100 20,100

ANDERSON SCOTT LTD (Registered number: 08950599)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

4. OPERATING PROFIT

The operating profit is stated after charging:

31.3.24 31.3.23
£    £   
Depreciation - owned assets 3,699 3,534

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
31.3.24 31.3.23
£    £   
Current tax:
UK corporation tax 150 350
Adjustment in respect of
Previous Year - (18 )

Tax on profit 150 332

UK corporation tax was charged at 19%) in 2023.

6. DIVIDENDS
31.3.24 31.3.23
£    £   
Ordinary shares of £1 each
Final 1,695 1,000

7. TANGIBLE FIXED ASSETS
Motor Office
Vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 19,319 7,113 26,432
Additions - 4,499 4,499
At 31 March 2024 19,319 11,612 30,931
DEPRECIATION
At 1 April 2023 9,319 3,513 12,832
Charge for year 3,000 699 3,699
At 31 March 2024 12,319 4,212 16,531
NET BOOK VALUE
At 31 March 2024 7,000 7,400 14,400
At 31 March 2023 10,000 3,600 13,600

ANDERSON SCOTT LTD (Registered number: 08950599)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade Debtors 8,500 7,500
Other Debtors 694 668
9,194 8,168

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Corporation Tax 500 350
PAYE & Social security - 904
Directors' loan accounts 95 9,719
Accrued Expenses 2,980 1,980
3,575 12,953

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 11,580 15,440
Bank loans more 5 yr by instal 19,423 -
31,003 15,440

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 19,423 -

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

12. RESERVES
Retained
earnings
£   

At 1 April 2023 380
Profit for the year 1,923
Dividends (1,695 )
At 31 March 2024 608