SCOTT MOTOR FINANCE LTD

Company Registration Number:
11747507 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

SCOTT MOTOR FINANCE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

SCOTT MOTOR FINANCE LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 8,593 22,344
Total fixed assets: 8,593 22,344
Current assets
Debtors: 4 791,290 8,133
Cash at bank and in hand: 72,471 1,334
Total current assets: 863,761 9,467
Creditors: amounts falling due within one year: 5 (1,040,851) (74,918)
Net current assets (liabilities): (177,090) (65,451)
Total assets less current liabilities: (168,497) (43,107)
Total net assets (liabilities): (168,497) (43,107)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (168,597) (43,207)
Shareholders funds: (168,497) (43,107)

The notes form part of these financial statements

SCOTT MOTOR FINANCE LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 October 2024
and signed on behalf of the board by:

Name: C W Murray
Status: Director

The notes form part of these financial statements

SCOTT MOTOR FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SCOTT MOTOR FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

SCOTT MOTOR FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 27,500
At 31 January 2024 27,500
Depreciation
At 01 February 2023 5,156
Charge for year 13,751
At 31 January 2024 18,907
Net book value
At 31 January 2024 8,593
At 31 January 2023 22,344

SCOTT MOTOR FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

SCOTT MOTOR FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts 2024 £749,048 2023 £72,534 Trade Creditors 2024 (£15,000) 2023 Nil Amounts owed to group undertakings 2024 £11,721 2023 £539 Other Creditors 2024 £295,082 2023 £1,845 Total 2024 £1,040,851 2023 £74,918