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REGISTERED NUMBER: 12801814 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

SCOMAC BUILDING AND CARPENTRY LIMITED

SCOMAC BUILDING AND CARPENTRY LIMITED (Registered number: 12801814)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SCOMAC BUILDING AND CARPENTRY LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S Macartney





SECRETARY:





REGISTERED OFFICE: 398 Coast Road
Pevensey Bay
East Sussex
BN24 6NY





REGISTERED NUMBER: 12801814 (England and Wales)





ACCOUNTANTS: Stone's Accountancy Sussex Limited
398 Coast Road
Pevensey Bay
Pevensey
East Sussex
BN24 6NY

SCOMAC BUILDING AND CARPENTRY LIMITED (Registered number: 12801814)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,157 1,446

CURRENT ASSETS
Stocks 3,277 -
Cash at bank 8,017 2,391
11,294 2,391
CREDITORS
Amounts falling due within one year 5 11,227 3,255
NET CURRENT ASSETS/(LIABILITIES) 67 (864 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,224

582

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,223 581
SHAREHOLDERS' FUNDS 1,224 582

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

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

The director acknowledges his 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.

SCOMAC BUILDING AND CARPENTRY LIMITED (Registered number: 12801814)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 December 2024 and were signed by:





S Macartney - Director


SCOMAC BUILDING AND CARPENTRY LIMITED (Registered number: 12801814)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

SCOMAC BUILDING AND CARPENTRY 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
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

SCOMAC BUILDING AND CARPENTRY LIMITED (Registered number: 12801814)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 2,258
DEPRECIATION
At 1 April 2023 812
Charge for year 289
At 31 March 2024 1,101
NET BOOK VALUE
At 31 March 2024 1,157
At 31 March 2023 1,446

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Tax 8,507 2,036
Directors' loan accounts 1,481 638
Accrued expenses 1,239 581
11,227 3,255

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, a directors loan account is showing as loaned to the company for cash flow and investment purposes. The loan is repayable on demand and therefore has not had any interest charged.