Registered number
SC776428
SCOTTS CHIPPY LTD
Filleted Accounts
31 July 2024
SCOTTS CHIPPY LTD
Registered number: SC776428
Balance Sheet
as at 31 July 2024
Notes
£
Fixed assets
Intangible assets 3 15,000
Current assets
Debtors 4 2,349
Cash at bank and in hand 2,344
4,693
Creditors: amounts falling due within one year 5 (479)
Net current assets 4,214
Total assets less current liabilities 19,214
Creditors: amounts falling due after more than one year 6 (21,929)
Net liabilities (2,715)
Capital and reserves
Called up share capital 1
Profit and loss account (2,716)
Shareholder's funds (2,715)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Mahdi Gomari
Director
Approved by the board on 3 March 2025
SCOTTS CHIPPY LTD
Notes to the Accounts
for the period ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees
Number
Average number of persons employed by the company 1
3 Intangible fixed assets £
Goodwill:
Cost
Additions 15,000
At 31 July 2024 15,000
Amortisation
At 31 July 2024 -
Net book value
At 31 July 2024 15,000
4 Debtors
£
Trade debtors 2,349
5 Creditors: amounts falling due within one year
£
Trade creditors 479
6 Creditors: amounts falling due after one year
£
Director's loan account 21,929
SCOTTS CHIPPY LTD SC776428 false 2023-07-20 2024-07-31 2024-07-31 VT Final Accounts July 2024 Mr Mahdi Gomari No description of principal activity SC776428 2023-07-20 2024-07-31 SC776428 bus:PrivateLimitedCompanyLtd 2023-07-20 2024-07-31 SC776428 bus:AuditExemptWithAccountantsReport 2023-07-20 2024-07-31 SC776428 bus:Director40 2023-07-20 2024-07-31 SC776428 2 2023-07-20 2024-07-31 SC776428 core:Goodwill 2023-07-20 2024-07-31 SC776428 bus:FRS102 2023-07-20 2024-07-31 SC776428 bus:FilletedAccounts 2023-07-20 2024-07-31 SC776428 2024-07-31 SC776428 core:WithinOneYear 2024-07-31 SC776428 core:AfterOneYear 2024-07-31 SC776428 core:ShareCapital 2024-07-31 SC776428 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC776428 core:Goodwill 2024-07-31 SC776428 2023-07-19 iso4217:GBP xbrli:pure