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REGISTERED NUMBER: 02639245 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

SCREENING CONSULTANCY AND SUPPLIES LTD.

SCREENING CONSULTANCY AND SUPPLIES LTD. (REGISTERED NUMBER: 02639245)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


SCREENING CONSULTANCY AND SUPPLIES LTD.

COMPANY INFORMATION
for the year ended 31 January 2024







DIRECTORS: M T Martin
S J Outhwaite



REGISTERED OFFICE: 42 Somers Road
Rugby
Warwickshire
CV22 7DH



REGISTERED NUMBER: 02639245 (England and Wales)



SENIOR STATUTORY AUDITOR: Mark Ashfield BA FCA



AUDITORS: Harrison Beale & Owen Limited
Chartered Accountants and Statutory Auditor
Highdown House
11 Highdown Road
Leamington Spa
Warwickshire
CV31 1XT

SCREENING CONSULTANCY AND SUPPLIES LTD. (REGISTERED NUMBER: 02639245)

ABRIDGED BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 997,125 972,931

CURRENT ASSETS
Stocks 877,526 947,290
Debtors 1,746,626 1,885,678
Cash at bank and in hand 631,623 390,334
3,255,775 3,223,302
CREDITORS
Amounts falling due within one year 754,692 891,127
NET CURRENT ASSETS 2,501,083 2,332,175
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,498,208

3,305,106

PROVISIONS FOR LIABILITIES 6 92,321 90,930
NET ASSETS 3,405,887 3,214,176

CAPITAL AND RESERVES
Called up share capital 50,097 50,075
Retained earnings 3,355,790 3,164,101
SHAREHOLDERS' FUNDS 3,405,887 3,214,176

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 October 2024 and were signed on its behalf by:





S J Outhwaite - Director


SCREENING CONSULTANCY AND SUPPLIES LTD. (REGISTERED NUMBER: 02639245)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 January 2024

1. STATUTORY INFORMATION

Screening Consultancy and Supplies 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.

The financial statements have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and remain unchanged from the previous year.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT, discounts and rebates. Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on despatch of the goods.

Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold buildings - 2% on cost
Improvements to properties - 10% on cost
Plant and machinery - at varying rates on cost
Motor vehicles - 20% on cost
Computer equipment - 20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate of fixed and variable overheads.

Financial instruments
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.


SCREENING CONSULTANCY AND SUPPLIES LTD. (REGISTERED NUMBER: 02639245)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 21 (2023 - 20 ) .

SCREENING CONSULTANCY AND SUPPLIES LTD. (REGISTERED NUMBER: 02639245)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 1,409,199
Additions 142,879
At 31 January 2024 1,552,078
DEPRECIATION
At 1 February 2023 436,268
Charge for year 118,685
At 31 January 2024 554,953
NET BOOK VALUE
At 31 January 2024 997,125
At 31 January 2023 972,931

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 3,476 16,002
Between one and five years - 3,476
3,476 19,478

The company has historically received annual rental income under a lease, which is current;y being renewed. Rental income expected to be received from the tenant in the next 12 months is £18,000.

6. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 92,321 90,930

Deferred
tax
£   
Balance at 1 February 2023 90,930
Provided during year 1,391
Balance at 31 January 2024 92,321

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Ashfield BA FCA (Senior Statutory Auditor)
for and on behalf of Harrison Beale & Owen Limited

SCREENING CONSULTANCY AND SUPPLIES LTD. (REGISTERED NUMBER: 02639245)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

8. PENSION COMMITMENTS

During the year under review the company made contributions of £93,259 (2023 - £56,027). As at the current year end, included within creditors are outstanding contributions totalling £nil (2023 - £nil).

9. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements - 45,500

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
M T Martin
Balance outstanding at start of year - 14,223
Amounts repaid - (14,223 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

11. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.