2023-08-012024-07-312024-07-31false04721752SCISSORS (PLYMOUTH) LIMITED2025-01-0996020falseiso4217:GBPxbrli:pure047217522023-08-01047217522024-07-31047217522023-08-012024-07-31047217522022-08-01047217522023-07-31047217522022-08-012023-07-3104721752bus:SmallEntities2023-08-012024-07-3104721752bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3104721752bus:FullAccounts2023-08-012024-07-3104721752bus:PrivateLimitedCompanyLtd2023-08-012024-07-3104721752core:WithinOneYear2024-07-3104721752core:AfterOneYear2024-07-3104721752core:WithinOneYear2023-07-3104721752core:AfterOneYear2023-07-3104721752core:ShareCapital2024-07-3104721752core:SharePremium2024-07-3104721752core:RevaluationReserve2024-07-3104721752core:OtherReservesSubtotal2024-07-3104721752core:RetainedEarningsAccumulatedLosses2024-07-3104721752core:ShareCapital2023-07-3104721752core:SharePremium2023-07-3104721752core:RevaluationReserve2023-07-3104721752core:OtherReservesSubtotal2023-07-3104721752core:RetainedEarningsAccumulatedLosses2023-07-3104721752core:LandBuildings2024-07-3104721752core:PlantMachinery2024-07-3104721752core:Vehicles2024-07-3104721752core:FurnitureFittings2024-07-3104721752core:OfficeEquipment2024-07-3104721752core:NetGoodwill2024-07-3104721752core:IntangibleAssetsOtherThanGoodwill2024-07-3104721752core:ListedExchangeTraded2024-07-3104721752core:UnlistedNon-exchangeTraded2024-07-3104721752core:LandBuildings2023-07-3104721752core:PlantMachinery2023-07-3104721752core:Vehicles2023-07-3104721752core:FurnitureFittings2023-07-3104721752core:OfficeEquipment2023-07-3104721752core:NetGoodwill2023-07-3104721752core:IntangibleAssetsOtherThanGoodwill2023-07-3104721752core:ListedExchangeTraded2023-07-3104721752core:UnlistedNon-exchangeTraded2023-07-3104721752core:LandBuildings2023-08-012024-07-3104721752core:PlantMachinery2023-08-012024-07-3104721752core:Vehicles2023-08-012024-07-3104721752core:FurnitureFittings2023-08-012024-07-3104721752core:OfficeEquipment2023-08-012024-07-3104721752core:NetGoodwill2023-08-012024-07-3104721752core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3104721752core:ListedExchangeTraded2023-08-012024-07-3104721752core:UnlistedNon-exchangeTraded2023-08-012024-07-3104721752core:MoreThanFiveYears2023-08-012024-07-3104721752core:Non-currentFinancialInstruments2024-07-3104721752core:Non-currentFinancialInstruments2023-07-3104721752dpl:CostSales2023-08-012024-07-3104721752dpl:DistributionCosts2023-08-012024-07-3104721752core:LandBuildings2023-08-012024-07-3104721752core:PlantMachinery2023-08-012024-07-3104721752core:Vehicles2023-08-012024-07-3104721752core:FurnitureFittings2023-08-012024-07-3104721752core:OfficeEquipment2023-08-012024-07-3104721752dpl:AdministrativeExpenses2023-08-012024-07-3104721752core:NetGoodwill2023-08-012024-07-3104721752core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3104721752dpl:GroupUndertakings2023-08-012024-07-3104721752dpl:ParticipatingInterests2023-08-012024-07-3104721752dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3104721752core:ListedExchangeTraded2023-08-012024-07-3104721752dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3104721752core:UnlistedNon-exchangeTraded2023-08-012024-07-3104721752dpl:CostSales2022-08-012023-07-3104721752dpl:DistributionCosts2022-08-012023-07-3104721752core:LandBuildings2022-08-012023-07-3104721752core:PlantMachinery2022-08-012023-07-3104721752core:Vehicles2022-08-012023-07-3104721752core:FurnitureFittings2022-08-012023-07-3104721752core:OfficeEquipment2022-08-012023-07-3104721752dpl:AdministrativeExpenses2022-08-012023-07-3104721752core:NetGoodwill2022-08-012023-07-3104721752core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3104721752dpl:GroupUndertakings2022-08-012023-07-3104721752dpl:ParticipatingInterests2022-08-012023-07-3104721752dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3104721752core:ListedExchangeTraded2022-08-012023-07-3104721752dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3104721752core:UnlistedNon-exchangeTraded2022-08-012023-07-3104721752core:NetGoodwill2024-07-3104721752core:IntangibleAssetsOtherThanGoodwill2024-07-3104721752core:LandBuildings2024-07-3104721752core:PlantMachinery2024-07-3104721752core:Vehicles2024-07-3104721752core:FurnitureFittings2024-07-3104721752core:OfficeEquipment2024-07-3104721752core:AfterOneYear2024-07-3104721752core:WithinOneYear2024-07-3104721752core:ListedExchangeTraded2024-07-3104721752core:UnlistedNon-exchangeTraded2024-07-3104721752core:ShareCapital2024-07-3104721752core:SharePremium2024-07-3104721752core:RevaluationReserve2024-07-3104721752core:OtherReservesSubtotal2024-07-3104721752core:RetainedEarningsAccumulatedLosses2024-07-3104721752core:NetGoodwill2023-07-3104721752core:IntangibleAssetsOtherThanGoodwill2023-07-3104721752core:LandBuildings2023-07-3104721752core:PlantMachinery2023-07-3104721752core:Vehicles2023-07-3104721752core:FurnitureFittings2023-07-3104721752core:OfficeEquipment2023-07-3104721752core:AfterOneYear2023-07-3104721752core:WithinOneYear2023-07-3104721752core:ListedExchangeTraded2023-07-3104721752core:UnlistedNon-exchangeTraded2023-07-3104721752core:ShareCapital2023-07-3104721752core:SharePremium2023-07-3104721752core:RevaluationReserve2023-07-3104721752core:OtherReservesSubtotal2023-07-3104721752core:RetainedEarningsAccumulatedLosses2023-07-3104721752core:NetGoodwill2022-08-0104721752core:IntangibleAssetsOtherThanGoodwill2022-08-0104721752core:LandBuildings2022-08-0104721752core:PlantMachinery2022-08-0104721752core:Vehicles2022-08-0104721752core:FurnitureFittings2022-08-0104721752core:OfficeEquipment2022-08-0104721752core:AfterOneYear2022-08-0104721752core:WithinOneYear2022-08-0104721752core:ListedExchangeTraded2022-08-0104721752core:UnlistedNon-exchangeTraded2022-08-0104721752core:ShareCapital2022-08-0104721752core:SharePremium2022-08-0104721752core:RevaluationReserve2022-08-0104721752core:OtherReservesSubtotal2022-08-0104721752core:RetainedEarningsAccumulatedLosses2022-08-0104721752core:AfterOneYear2023-08-012024-07-3104721752core:WithinOneYear2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:CostValuation2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3104721752core:Non-currentFinancialInstrumentscore:CostValuation2024-07-3104721752core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-07-3104721752core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3104721752core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3104721752core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3104721752core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3104721752core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3104721752core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3104721752core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3104721752core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3104721752core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3104721752bus:Director12023-08-012024-07-3104721752bus:Director22023-08-012024-07-31047217521bus:Director12023-08-01047217521bus:Director12023-08-012024-07-31047217521bus:Director12024-07-31047217522bus:Director22023-08-01047217522bus:Director22023-08-012024-07-31047217522bus:Director22024-07-31047217522023-08-01047217522023-08-012024-07-31047217522024-07-31

SCISSORS (PLYMOUTH) LIMITED

Registered Number
04721752
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

SCISSORS (PLYMOUTH) LIMITED
Company Information
for the year from 1 August 2023 to 31 July 2024

Directors

David George Connaris
Sharon Lesley Connaris

Company Secretary

Sharon Lesley Connaris

Registered Address

12 Peverell Park Road, Peverell
Plymouth
Devon
PL3 4NA

Registered Number

04721752 (England and Wales)
SCISSORS (PLYMOUTH) LIMITED
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets38131,036
8131,036
Current assets
Stocks41,3911,314
Debtors521,87821,723
Cash at bank and on hand2,3133,103
25,58226,140
Creditors amounts falling due within one year6(13,229)(12,496)
Net current assets (liabilities)12,35313,644
Total assets less current liabilities13,16614,680
Creditors amounts falling due after one year7(3,509)(7,625)
Provisions for liabilities8(155)(197)
Net assets9,5026,858
Capital and reserves
Called up share capital100100
Profit and loss account9,4026,758
Shareholders' funds9,5026,858
The financial statements were approved and authorised for issue by the Board of Directors on 9 January 2025, and are signed on its behalf by:
David George Connaris
Director
Registered Company No. 04721752
SCISSORS (PLYMOUTH) LIMITED
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery-3
Fixtures and fittings25-
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 August 238,2888,288
At 31 July 248,2888,288
Depreciation and impairment
At 01 August 237,2527,252
Charge for year223223
At 31 July 247,4757,475
Net book value
At 31 July 24813813
At 31 July 231,0361,036
4.Stocks

2024

2023

££
Raw materials and consumables1,3911,314
Total1,3911,314
5.Debtors: amounts due within one year

2024

2023

££
Other debtors19,87119,715
Prepayments and accrued income2,0072,008
Total21,87821,723
6.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts6,1745,464
Taxation and social security5,4534,499
Other creditors951,122
Accrued liabilities and deferred income1,5071,411
Total13,22912,496
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts3,5097,625
Total3,5097,625
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)155197
Total155197
9.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
David George Connaris9,3379,3219,7628,896
Directors loan account
Sharon Lesley Connaris9,3379,3219,7628,896
Directors loan account
18,67418,64219,52417,792