pinacle 6.0
2017.03.01
SCOTT RETAIL LIMITED
05901516
2023-09-01
2024-08-31
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05901516
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2024-08-31
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2024-08-31
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2024-08-31
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xbrli:pure
iso4217:GBP
xbrli:shares
YEAR ENDED 31 AUGUST 2024
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Company Registration Number - 05901516 |
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1. |
SCOTT RETAIL LIMITED
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COMPANY NUMBER - 05901516
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Balance sheet as at
31 August 2024
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FIXED ASSETS
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Tangible assets |
4 |
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189,039
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185,965
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Current assets
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|
|
|
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Stocks |
|
3,500
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6,500
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Debtors |
5 |
917
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2,224
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Cash at bank and in hand |
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2,746
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1,609
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|
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7,163
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10,333
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Current liabilities
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|
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Creditors - Amounts |
falling due within one year |
6 |
111,280
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114,064
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NET CURRENT LIABILITIES
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(104,117) |
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(103,731) |
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Total assets less current liabilities
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84,922
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82,234
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Creditors - Amounts falling |
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due after more than one year |
6 |
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(8,828) |
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(12,827) |
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Net assets
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76,094
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69,407
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2. |
SCOTT RETAIL LIMITED
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COMPANY NUMBER - 05901516
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Balance sheet as at
31 August 2024
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CAPITAL AND RESERVES
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Called up share capital |
7 |
|
2
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2
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Profit and Loss account |
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76,092
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69,405 |
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Shareholders' funds
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|
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76,094
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69,407
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These financial statements have been prepared in accordance with the provisions of FRS102 Section 1A of the Companies Act 2006 relating to small companies.
In accordance with section 444 of the Companies Act 2006, the directors' report and the profit and loss account have not been delivered.
For the financial year ended 31 August 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.
The members have not required the company to obtain an audit.
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.
Approved by the board of directors on 12 February 2025
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and signed on their behalf by: |
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The notes on pages 3 to 5 form an integral part of these accounts.
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3. |
SCOTT RETAIL LIMITED
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Notes to the Financial Statements
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For the year ended 31 August 2024
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1. General Information
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SCOTT RETAIL LIMITED is a Private Company, limited by shares, domiciled in England and Wales, registration number 05901516.
The company's registered office is Brunswick House, 1 Weirfield Green, Taunton, Somerset TA1 1AZ.
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2. Accounting policies
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Basis of accounting
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The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Turnover is measured at the fair value of the consideration received or receivable and represents goods supplied or services rendered, stated net of Value Added Tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.
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Tangible fixed assets and depreciation
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Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
No depreciation is provided on freehold land.
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3. Employees
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The average number employed by the company (including directors) during the year 2024 was 4
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and in the previous year 2023 was 4.
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4. |
SCOTT RETAIL LIMITED
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Notes to the Financial Statements
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For the year ended 31 August 2024
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4. Fixed assets - tangible
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Plant and |
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Land and |
Machinery |
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Buildings |
etc. |
Total |
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Fair value
|
£
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£
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£
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At 1 September 2023 |
164,383 |
33,337 |
197,720 |
Additions |
- |
9,111 |
9,111 |
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At 31 August 2024 |
164,383 |
42,448 |
206,831 |
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Depreciation
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At 1 September 2023 |
- |
11,755 |
11,755 |
Charge for year |
- |
6,037 |
6,037 |
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At 31 August 2024 |
- |
17,792 |
17,792 |
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Net book values
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At 31 August 2024 |
164,383 |
24,656 |
189,039
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At 1 September 2023 |
164,383 |
21,582 |
|
185,965 |
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5. Debtors
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Due within one year: |
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Trade debtors |
917
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2,224
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Amounts falling due within one year: |
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Trade creditors |
8,805
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|
9,055
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Taxation and social security |
1,939
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-
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Director's Current Accounts |
100,536
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105,009
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111,280 |
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114,064 |
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Amounts falling due after one year: |
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Other creditors: |
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Bank loan |
8,828
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12,827
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A fixed and floating debenture was created by HSBC Bank on the 16 October 2006 on all monies and liabilities incurred. A further mortgage was created by HSBC Bank on the 8 November 2006 on all monies and liabilities incurred by the company.
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5. |
SCOTT RETAIL LIMITED
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Notes to the Financial Statements
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For the year ended 31 August 2024
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7. Called up share capital
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There was no change in share capital during the year.
Allotted, called up and fully paid |
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Ordinary shares of £1 each
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2 |
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2 |
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