Company Registration No. 05934369 (England and Wales)
Scratch Pad Ltd
Unaudited accounts
for the year ended 29 September 2024
Scratch Pad Ltd
Unaudited accounts
Contents
Scratch Pad Ltd
Company Information
for the year ended 29 September 2024
Directors
Mrs S J Clark
Mr S Clark
Company Number
05934369 (England and Wales)
Registered Office
Ashlands Farm
Southwick
Fareham
Hampshire
PO17 6BJ
England
Accountants
Meon Valley Accounting Ltd
Malt House Studios
4 Brook Street
Bishops Waltham
Hampshire
SO32 1AX
Scratch Pad Ltd
Statement of financial position
as at 29 September 2024
Tangible assets
8,508
8,403
Cash at bank and in hand
9,821
12,107
Creditors: amounts falling due within one year
(14,407)
(12,060)
Net current assets
268
1,487
Total assets less current liabilities
8,776
9,890
Creditors: amounts falling due after more than one year
(8,774)
(12,162)
Net assets/(liabilities)
2
(2,272)
Called up share capital
2
2
Profit and loss account
-
(2,274)
Shareholders' funds
2
(2,272)
For the year ending 29 September 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by
Mrs S J Clark
Director
Company Registration No. 05934369
Scratch Pad Ltd
Notes to the Accounts
for the year ended 29 September 2024
Scratch Pad Ltd is a private company, limited by shares, registered in England and Wales, registration number 05934369. The registered office is Ashlands Farm, Southwick, Fareham, Hampshire, PO17 6BJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
15% reducing balance
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 30 September 2023
16,525
4,606
1,560
22,691
At 29 September 2024
16,525
5,376
2,238
24,139
At 30 September 2023
10,292
3,335
661
14,288
Charge for the year
934
316
225
1,475
On disposals
-
(132)
-
(132)
At 29 September 2024
11,226
3,519
886
15,631
At 29 September 2024
5,299
1,857
1,352
8,508
At 29 September 2023
6,233
1,271
899
8,403
Scratch Pad Ltd
Notes to the Accounts
for the year ended 29 September 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,600
3,600
Taxes and social security
490
-
Other creditors
9,347
5,447
Loans from directors
-
2,203
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
6,424
6,212
At the year end date, £3,969 was owed to the company by a Director. This was an interest free loan and repaid within 9 months of the year end.
9
Transactions with related parties
Mr S Clark is also a director of Whiff Ltd. At the end of the accounting period Scratch Pad Ltd owed Whiff Ltd £9,347. The amount is considered interest free and repayable upon demand.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).