SCS Global Technologies Limited Filleted Accounts Cover
SCS Global Technologies Limited
Company No. 08920755
Information for Filing with The Registrar
31 July 2024
SCS Global Technologies Limited Directors Report Registrar
The Directors present their report and the accounts for the period ended 31 July 2024.
Principal activities
The principal activity of the company during the period under review was that of a holding company.
Directors
The Directors who served at any time during the period were as follows:
M. Rattigan
(Resigned 13 April 2023)
I. Taylor
D.G. Wyndham-Lewis
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
I. Taylor
Director
28 November 2024
SCS Global Technologies Limited Balance Sheet Registrar
at
31 July 2024
Company No.
08920755
Notes
2024
2023
£
£
Fixed assets
Investments
5
-1,490,000
-1,490,000
Current assets
Debtors
6
9301,000
9301,000
Net current assets
9301,000
Total assets less current liabilities
9301,491,000
Net assets
9301,491,000
Capital and reserves
Called up share capital
930930
Capital redemption reserve
8
-560,070
Profit and loss account
-930,000
Total equity
9301,491,000
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 July 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 28 November 2024 and signed on its behalf by:
I. Taylor
Director
28 November 2024
SCS Global Technologies Limited Notes to the Accounts Registrar
for the period ended 31 July 2024
1
General information
SCS Global Technologies Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 08920755
Its registered office is:
Multifreight House
Cromwell Court
Saint Peters Street
Ipswich
IP1 1XB
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Investments
Investments held as fixed assets are shown at cost less provision for impairment. Income received from fixed asset investments is recognised in the profit and loss when receivable.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
3
Change in length of the reporting period
The length of the reporting period has changed from 12 months to 16 months due to the intra-group reorganisation and subsequent winding up of the business.
4
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the period:
23
5
Investments
Other investments
Total
£
£
Cost or valuation
At 1 April 2023
1,490,000
1,490,000
Disposals
(1,490,000)
(1,490,000)
At 31 July 2024
-
-
Provisions/Impairment
Net book values
At 31 July 2024
-
-
At 31 March 2023
1,490,000
1,490,000
6
Debtors
2024
2023
£
£
Amounts owed by group undertakings
9301,000
9301,000
7
Share Capital
£1 Ordinary Shares
8
Reserves
Capital redemption reserve
Total other reserves
£
£
At 1 April 2022
560,070
560,070
At 31 March 2023 and 1 April 2023
560,070
560,070
Transfers
(560,070)
(560,070)
At 31 July 2024
--
Capital redemption reserve - records the nominal value of shares repurchased by the company.
9
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
2,114,726
324,000
2,114,726
324,000
Dividends by type:
Equity dividends
2,114,726324,000
2,114,726
324,000
SCS Global Technologies Limited0892075531 July 202401 April 2023false28 November 2024BTCSoftware AP Solution 2024 11.2.0111.2.01true089207552023-04-012024-07-31089207552024-07-31089207552023-03-3108920755core:ShareCapital2024-07-3108920755core:ShareCapital2023-03-3108920755core:CapitalRedemptionReserve2024-07-3108920755core:CapitalRedemptionReserve2023-03-3108920755core:RetainedEarningsAccumulatedLosses2024-07-3108920755core:RetainedEarningsAccumulatedLosses2023-03-3108920755countries:UnitedKingdom2023-04-012024-07-3108920755bus:RegisteredOffice2023-04-012024-07-31089207552022-04-012023-03-3108920755core:CostValuation2023-04-0108920755core:DisposalsDecreaseInInvestments2024-07-3108920755core:CostValuation2024-07-3108920755core:CostValuationcore:UnlistedNon-exchangeTraded2024-07-3108920755core:CapitalRedemptionReserve2022-04-0108920755core:OtherReservesSubtotal2022-04-0108920755core:CapitalRedemptionReserve2023-04-0108920755core:OtherReservesSubtotal2023-04-0108920755core:CapitalRedemptionReserve2023-04-012024-07-3108920755core:OtherReservesSubtotal2023-04-012024-07-3108920755core:OtherReservesSubtotal2024-07-3108920755bus:AllOrdinaryShares2023-04-012024-07-31089207552023-04-0108920755bus:SmallEntities2023-04-012024-07-3108920755bus:FullAccounts2023-04-012024-07-3108920755bus:AuditExempt-NoAccountantsReport2023-04-012024-07-3108920755bus:Director22023-04-012024-07-3108920755bus:PrivateLimitedCompanyLtd2023-04-012024-07-31iso4217:GBPxbrli:pure