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REGISTERED NUMBER: 03372193 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Scott Contractors Limited

Scott Contractors Limited (Registered number: 03372193)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Scott Contractors Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: J J Scott





SECRETARY: Mrs J A Scott





REGISTERED OFFICE: 42 Church Road
Hale Village
Liverpool
L24 4BA





REGISTERED NUMBER: 03372193 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Scott Contractors Limited (Registered number: 03372193)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 925,809 919,172

CURRENT ASSETS
Stocks 792,951 792,951
Cash at bank and in hand 42,809 37,838
835,760 830,789
CREDITORS
Amounts falling due within one year 5 31,548 27,426
NET CURRENT ASSETS 804,212 803,363
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,730,021

1,722,535

CREDITORS
Amounts falling due after more than one
year

6

(57,653

)

(51,040

)

PROVISIONS FOR LIABILITIES 7 (2,700 ) (2,700 )
NET ASSETS 1,669,668 1,668,795

CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 146,063 146,063
Capital redemption reserve 1 1
Retained earnings 1,523,603 1,522,730
SHAREHOLDERS' FUNDS 1,669,668 1,668,795

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 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.

Scott Contractors Limited (Registered number: 03372193)

Balance Sheet - continued
31 May 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 13 January 2025 and were signed by:





J J Scott - Director


Scott Contractors Limited (Registered number: 03372193)

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

1. STATUTORY INFORMATION

Scott Contractors 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance

Stocks
Stock represents land cost together with the actual cost of building the properties.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS

The properties have been valued by the director as at 31 May 2019

Cost or valuation at 31 May 2024 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
Valuation in 2019 146,064 2,377 5,021
Cost 729,186 - -
875,250 2,377 5,021

Motor Computer
vehicles equipment Totals
£ £ £
Valuation in 2019 97,185 2,703 253,350
Cost - - 729,186
97,185 2,703 982,536

Scott Contractors Limited (Registered number: 03372193)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Hire purchase contracts 9,497 6,220
Trade creditors 4,801 4,651
Taxation and social security 8,721 7,590
Other creditors 8,529 8,965
31,548 27,426

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£ £
Hire purchase contracts 57,653 51,040

7. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£ £
Deferred tax 2,700 2,700

Deferred tax
£
Balance at 1 June 2023 2,700
Movement in year
Balance at 31 May 2024 2,700

8. CALLED UP SHARE CAPITAL

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

9. RESERVES
Revaluation
reserve
£
At 1 June 2023
and 31 May 2024 146,063

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the sole director and shareholder, John Scott.