Company Registration No. 03204427
SUPERSCALE INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 May 2024
SUPERSCALE INVESTMENTS LIMITED
Unaudited accounts
Contents
SUPERSCALE INVESTMENTS LIMITED
Company Information
for the year ended 31 May 2024
Registered Office
84 ASMAT & CO ACCOUNTANTS
84, HIGH STREET
SLOUGH
SL1 1EL
ENGLAND
Accountants
Asmat & Co
84 High Street
Slough
Berkshire
SL1 1EL
SUPERSCALE INVESTMENTS LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
1,770,778
1,779,274
Cash at bank and in hand
6,378
6,278
Creditors: amounts falling due within one year
(21,889)
(20,663)
Net current assets
227,758
228,945
Total assets less current liabilities
1,998,536
2,008,219
Creditors: amounts falling due after more than one year
(567,843)
(585,056)
Net assets
1,430,693
1,423,163
Called up share capital
100
100
Capital redemption reserve
889,373
889,373
Profit and loss account
541,220
533,690
Shareholders' funds
1,430,693
1,423,163
For the year ending 31 May 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2024 and were signed on its behalf by
Parveen Younas
Director
Company Registration No. 03204427
SUPERSCALE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
SUPERSCALE INVESTMENTS LIMITED is a private company, limited by shares, , registration number 03204427. The registered office is 84 ASMAT & CO ACCOUNTANTS, 84, HIGH STREET, SLOUGH, SL1 1EL, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
1,723,766
34,352
93,075
1,851,193
At 31 May 2024
1,723,766
41,261
93,075
1,858,102
At 1 June 2023
-
29,917
42,002
71,919
Charge for the year
-
2,375
13,030
15,405
At 31 May 2024
-
32,292
55,032
87,324
At 31 May 2024
1,723,766
8,969
38,043
1,770,778
At 31 May 2023
1,723,766
4,435
51,073
1,779,274
Amounts falling due within one year
Trade debtors
197,501
197,501
Accrued income and prepayments
40,023
40,023
SUPERSCALE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,780
9,780
Taxes and social security
7,749
5,605
Other creditors
4,360
5,278
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Creditors: amounts falling due after more than one year
2024
2023
Bank loans
567,843
585,056
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Average number of employees
During the year the average number of employees was 0 (2023: 0).