REGISTERED NUMBER: |
Unaudited Cessation Financial Statements |
for the Period |
1 April 2024 to 30 September 2024 |
for |
Scrase Project Services Limited |
REGISTERED NUMBER: |
Unaudited Cessation Financial Statements |
for the Period |
1 April 2024 to 30 September 2024 |
for |
Scrase Project Services Limited |
Scrase Project Services Limited (Registered number: 09271087) |
Contents of the Financial Statements |
for the Period 1 April 2024 to 30 September 2024 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Scrase Project Services Limited (Registered number: 09271087) |
Balance Sheet |
30 September 2024 |
30/9/24 | 31/3/24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the director and authorised for issue on |
Scrase Project Services Limited (Registered number: 09271087) |
Notes to the Financial Statements |
for the Period 1 April 2024 to 30 September 2024 |
1. | STATUTORY INFORMATION |
Scrase Project Services Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
The financial statements are for a 6 month period ending on 30 September 2024 as the company ceased to trade on 30 September 2024. The comparative amounts presented in the financial statements (including the related notes) are for a 12 month period ending on 31 March 2024 and are therefore not entirely comparable. |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
As stated in notes to the financial statements, Post Balance Sheet Events, subsequent to the balance sheet date, the director has decided to apply for voluntary strike off from Companies House Register as the company has ceased to trade and is no longer required. The financial statements have therefore been prepared on a non Going Concern basis based upon net realisable values of the assets. No adjustments were necessary to the amounts at which the assets and liabilities are included in these financial statements. |
Tangible fixed assets |
Office equipment | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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. |
Scrase Project Services Limited (Registered number: 09271087) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 30 September 2024 |
3. | ACCOUNTING POLICIES - continued |
Financial instruments |
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to and from related parties. |
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income statement. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
5. | TANGIBLE FIXED ASSETS |
Office |
equipment |
£ |
COST |
At 1 April 2024 |
Additions |
Disposals | ( |
) |
At 30 September 2024 |
DEPRECIATION |
At 1 April 2024 |
Charge for period |
Eliminated on disposal | ( |
) |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 31 March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/9/24 | 31/3/24 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/9/24 | 31/3/24 |
£ | £ |
Taxation and social security |
Other creditors |
8. | PROVISIONS FOR LIABILITIES |
30/9/24 | 31/3/24 |
£ | £ |
Deferred tax | - | 47 |
Scrase Project Services Limited (Registered number: 09271087) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 30 September 2024 |
8. | PROVISIONS FOR LIABILITIES - continued |
Deferred |
tax |
£ |
Balance at 1 April 2024 |
Accelerated capital allowances | (47 | ) |
Balance at 30 September 2024 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30/9/24 | 31/3/24 |
value: | £ | £ |
Ordinary | £1 | 10 | 10 |
10. | RELATED PARTY DISCLOSURES |
Included within Creditors was a balance of £648 (2024: £1,248) owed to a Director of the company. The balance was interest free and was repayable on demand. |
11. | POST BALANCE SHEET EVENTS |
Subsequent to the balance sheet date, the Board of Directors of the company have decided to apply for voluntary strike off from Companies House Register as the company has ceased to trade and is no longer required. |