Company registration number 11420330 (England and Wales)
SCANTECH DIGITAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
SCANTECH DIGITAL LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
SCANTECH DIGITAL LTD
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
3
1,654
2,481
Tangible assets
4
34,152
529
35,806
3,010
Current assets
Debtors
5
167,110
138,431
Cash at bank and in hand
137,952
74,059
305,062
212,490
Creditors: amounts falling due within one year
6
(206,173)
(107,139)
Net current assets
98,889
105,351
Total assets less current liabilities
134,695
108,361
Creditors: amounts falling due after more than one year
7
(27,195)
(17,875)
Provisions for liabilities
(8,538)
-
0
Net assets
98,962
90,486
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
98,862
90,386
Total equity
98,962
90,486
SCANTECH DIGITAL LTD
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
30 June 2024
- 2 -

For the financial year ended 30 June 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 29 November 2024 and are signed on its behalf by:
Mr N H Cranfield
Director
Company registration number 11420330 (England and Wales)
SCANTECH DIGITAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
1
Accounting policies
Company information

Scantech Digital Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 321 Bradford Street, Birmingham, B5 6ET.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.3
Intangible fixed assets other than goodwill

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs
20% on cost
1.4
Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life.

Fixtures and fittings
33% on cost and 20% on cost
Computers
33% on cost
1.5
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 tax

Current or deferred taxation assets or 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.

SCANTECH DIGITAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 4 -
1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
5
5
3
Intangible fixed assets
Other
£
Cost
At 1 July 2023 and 30 June 2024
4,135
Amortisation and impairment
At 1 July 2023
1,654
Amortisation charged for the year
827
At 30 June 2024
2,481
Carrying amount
At 30 June 2024
1,654
At 30 June 2023
2,481
SCANTECH DIGITAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023
15,052
Additions
48,055
At 30 June 2024
63,107
Depreciation and impairment
At 1 July 2023
14,523
Depreciation charged in the year
14,432
At 30 June 2024
28,955
Carrying amount
At 30 June 2024
34,152
At 30 June 2023
529
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
159,086
106,820
Other debtors
8,024
31,611
167,110
138,431
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
8,580
8,580
Trade creditors
70,958
47,505
Taxation and social security
34,262
18,177
Other creditors
92,373
32,877
206,173
107,139
SCANTECH DIGITAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 6 -
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
9,295
17,875
Other creditors
17,900
-
0
27,195
17,875
8
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
2024-06-302023-07-01false29 November 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr N H CranfieldMr J L FowlerMr J HandscombMr C NolanMr M Bottfalsefalse114203302023-07-012024-06-30114203302024-06-30114203302023-06-3011420330core:IntangibleAssetsOtherThanGoodwill2024-06-3011420330core:IntangibleAssetsOtherThanGoodwill2023-06-3011420330core:OtherPropertyPlantEquipment2024-06-3011420330core:OtherPropertyPlantEquipment2023-06-3011420330core:CurrentFinancialInstrumentscore:WithinOneYear2024-06-3011420330core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3011420330core:Non-currentFinancialInstrumentscore:AfterOneYear2024-06-3011420330core:Non-currentFinancialInstrumentscore:AfterOneYear2023-06-3011420330core:CurrentFinancialInstruments2024-06-3011420330core:CurrentFinancialInstruments2023-06-3011420330core:Non-currentFinancialInstruments2024-06-3011420330core:Non-currentFinancialInstruments2023-06-3011420330core:ShareCapital2024-06-3011420330core:ShareCapital2023-06-3011420330core:RetainedEarningsAccumulatedLosses2024-06-3011420330core:RetainedEarningsAccumulatedLosses2023-06-3011420330bus:Director12023-07-012024-06-3011420330core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3011420330core:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-07-012024-06-3011420330core:FurnitureFittings2023-07-012024-06-3011420330core:ComputerEquipment2023-07-012024-06-30114203302022-07-012023-06-3011420330core:IntangibleAssetsOtherThanGoodwill2023-06-3011420330core:OtherPropertyPlantEquipment2023-06-3011420330core:OtherPropertyPlantEquipment2023-07-012024-06-3011420330core:WithinOneYear2024-06-3011420330core:WithinOneYear2023-06-3011420330bus:PrivateLimitedCompanyLtd2023-07-012024-06-3011420330bus:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011420330bus:FRS1022023-07-012024-06-3011420330bus:AuditExemptWithAccountantsReport2023-07-012024-06-3011420330bus:Director22023-07-012024-06-3011420330bus:Director32023-07-012024-06-3011420330bus:Director42023-07-012024-06-3011420330bus:Director52023-07-012024-06-3011420330bus:FullAccounts2023-07-012024-06-30xbrli:purexbrli:sharesiso4217:GBP