IRIS Accounts Production v24.2.0.383 08330297 director 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 Ordinary E 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083302972022-12-31083302972023-12-31083302972023-01-012023-12-31083302972021-12-31083302972022-01-012022-12-31083302972022-12-3108330297ns15:EnglandWales2023-01-012023-12-3108330297ns14:PoundSterling2023-01-012023-12-3108330297ns10:Director12023-01-012023-12-3108330297ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108330297ns10:SmallEntities2023-01-012023-12-3108330297ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108330297ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108330297ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108330297ns10:FullAccounts2023-01-012023-12-310833029712023-01-012023-12-3108330297ns10:OrdinaryShareClass12023-01-012023-12-3108330297ns10:OrdinaryShareClass22023-01-012023-12-3108330297ns10:OrdinaryShareClass32023-01-012023-12-3108330297ns10:OrdinaryShareClass42023-01-012023-12-3108330297ns10:OrdinaryShareClass52023-01-012023-12-3108330297ns10:Director22023-01-012023-12-3108330297ns10:RegisteredOffice2023-01-012023-12-3108330297ns5:CurrentFinancialInstruments2023-12-3108330297ns5:CurrentFinancialInstruments2022-12-3108330297ns5:Non-currentFinancialInstruments2023-12-3108330297ns5:Non-currentFinancialInstruments2022-12-3108330297ns5:ShareCapital2023-12-3108330297ns5:ShareCapital2022-12-3108330297ns5:RetainedEarningsAccumulatedLosses2023-12-3108330297ns5:RetainedEarningsAccumulatedLosses2022-12-3108330297ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3108330297ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-012023-12-3108330297ns5:LandBuildings2023-01-012023-12-3108330297ns5:PlantMachinery2023-01-012023-12-3108330297ns5:IntangibleAssetsOtherThanGoodwill2022-12-3108330297ns5:IntangibleAssetsOtherThanGoodwill2023-12-3108330297ns5:IntangibleAssetsOtherThanGoodwill2022-12-3108330297ns5:LandBuildings2022-12-3108330297ns5:PlantMachinery2022-12-3108330297ns5:LandBuildings2023-12-3108330297ns5:PlantMachinery2023-12-3108330297ns5:LandBuildings2022-12-3108330297ns5:PlantMachinery2022-12-3108330297ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108330297ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3108330297ns5:CurrentFinancialInstruments2023-01-012023-12-3108330297ns5:Non-currentFinancialInstruments2023-01-012023-12-3108330297ns10:OrdinaryShareClass12023-12-3108330297ns10:OrdinaryShareClass22023-12-3108330297ns10:OrdinaryShareClass32023-12-3108330297ns10:OrdinaryShareClass42023-12-3108330297ns10:OrdinaryShareClass52023-12-31
REGISTERED NUMBER: 08330297 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

SCH (UK) LTD

SCH (UK) LTD (Registered number: 08330297)






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


SCH (UK) LTD

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S C Horwood





REGISTERED OFFICE: Office Suite 3
Unit 18 Whitehill Ind Estate
Royal Wootton Bassett
Swindon
Wiltshire
SN4 7DB





REGISTERED NUMBER: 08330297 (England and Wales)





ACCOUNTANTS: Rawlence and Browne UDY Limited
T/A Potter and Pollard
Unit 17 Lancaster Road
Sarum Business Park
Old Sarum
Salisbury
Wiltshire
SP4 6FB

SCH (UK) LTD (Registered number: 08330297)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,627,950 1,491,728
1,627,950 1,491,728

CURRENT ASSETS
Debtors 6 2,666 7,505
Cash at bank 58,565 24,667
61,231 32,172
CREDITORS
Amounts falling due within one year 7 846,404 746,879
NET CURRENT LIABILITIES (785,173 ) (714,707 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

842,777

777,021

CREDITORS
Amounts falling due after more than one
year

8

1,018,063

1,041,123
NET LIABILITIES (175,286 ) (264,102 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (175,386 ) (264,202 )
SHAREHOLDERS' FUNDS (175,286 ) (264,102 )

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 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.

SCH (UK) LTD (Registered number: 08330297)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 October 2024 and were signed by:





Mrs E Langley - Director


SCH (UK) LTD (Registered number: 08330297)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

SCH (UK) 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and 10% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

SCH (UK) LTD (Registered number: 08330297)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 23,000
AMORTISATION
At 1 January 2023
and 31 December 2023 23,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

The aggregate amount of research and development expenditure recognised as an expense during the period is £Nil (2022 - £Nil).

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 864,852 2,008,279 2,873,131
Additions 293,936 - 293,936
At 31 December 2023 1,158,788 2,008,279 3,167,067
DEPRECIATION
At 1 January 2023 28,249 1,353,154 1,381,403
Charge for year 7,648 150,066 157,714
At 31 December 2023 35,897 1,503,220 1,539,117
NET BOOK VALUE
At 31 December 2023 1,122,891 505,059 1,627,950
At 31 December 2022 836,603 655,125 1,491,728

Included within the net book value of land and buildings, in respect of freehold properties, is £1,122,891 (2022 - £836,603)

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 2,666 7,505

SCH (UK) LTD (Registered number: 08330297)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,648 10,648
Taxation and social security 17,272 19,299
Other creditors 818,484 716,932
846,404 746,879

Included within Other creditors are mortgages due within one year of £41,399 (2022 - £41,399) which is secured on the properties.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 15,134 25,003
Other creditors 1,002,929 1,016,120
1,018,063 1,041,123

Amounts falling due in more than five years:

Repayable by instalments
Other creditors - over 5 years 254,763 267,748

Included in Other creditors are mortgages which are due after more than 1 year of £1,002,929 (2022 - £1,016,120) which is secured on the properties. From these amounts, £254,763 (2022 - £267,748) is due over 5 years.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
30 Ordinary A £1 30 30
10 Ordinary B £1 10 10
20 Ordinary C £1 20 20
20 Ordinary D £1 20 20
20 Ordinary E £1 20 20
100 100