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REGISTERED NUMBER: 09112765 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 May 2024

for

SCALES AND ASSOCIATES LIMITED

SCALES AND ASSOCIATES LIMITED (REGISTERED NUMBER: 09112765)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SCALES AND ASSOCIATES LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2024







Directors: Mr A P Scales
Mrs E D Scales





Registered office: The Stables
Laskey Lane Farm
Laskey Lane
Thelwall
Cheshire
WA4 2TF





Registered number: 09112765 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

SCALES AND ASSOCIATES LIMITED (REGISTERED NUMBER: 09112765)

Balance Sheet
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82,179 10,386
Investments 5 26,848 56,848
109,027 67,234

CURRENT ASSETS
Debtors 6 80,166 168,260
Cash at bank 105,944 109,599
186,110 277,859
CREDITORS
Amounts falling due within one year 7 16,837 70,569
NET CURRENT ASSETS 169,273 207,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,300

274,524

PROVISIONS FOR LIABILITIES 8 20,545 -
NET ASSETS 257,755 274,524

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 257,753 274,522
SHAREHOLDERS' FUNDS 257,755 274,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2024 and were signed on its behalf by:





Mr A P Scales - Director


SCALES AND ASSOCIATES LIMITED (REGISTERED NUMBER: 09112765)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Scales And Associates Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Cycle to work scheme - 20% on reducing balance

Taxation
Taxation for the year 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.

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 (2023 - 2 ) .

SCALES AND ASSOCIATES LIMITED (REGISTERED NUMBER: 09112765)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures Cycle to
and Motor work
fittings vehicles scheme Totals
£    £    £    £   
COST
At 1 June 2023 14,337 - 4,148 18,485
Additions 5,402 81,240 - 86,642
At 31 May 2024 19,739 81,240 4,148 105,127
DEPRECIATION
At 1 June 2023 6,591 - 1,508 8,099
Charge for year 2,473 11,848 528 14,849
At 31 May 2024 9,064 11,848 2,036 22,948
NET BOOK VALUE
At 31 May 2024 10,675 69,392 2,112 82,179
At 31 May 2023 7,746 - 2,640 10,386

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023 56,848
Disposals (30,000 )
At 31 May 2024 26,848
NET BOOK VALUE
At 31 May 2024 26,848
At 31 May 2023 56,848

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 81,151
Other debtors 80,166 87,109
80,166 168,260

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 16,520 54,674
Other creditors 317 15,895
16,837 70,569

8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 20,545 -

SCALES AND ASSOCIATES LIMITED (REGISTERED NUMBER: 09112765)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Charge to Statement of Income and Retained Earnings during year 20,545
Balance at 31 May 2024 20,545

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2