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REGISTERED NUMBER: 13190018 (England and Wales)












Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Scrivs Sealants Limited

Scrivs Sealants Limited (Registered number: 13190018)






Contents of the Financial Statements
for the year ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Scrivs Sealants Limited

Company Information
for the year ended 28 February 2025







DIRECTOR: Mr J Scrivener





REGISTERED OFFICE: Top Floor
Claridon House
Stanford-Le-Hope
Essex
SS17 0JU





REGISTERED NUMBER: 13190018 (England and Wales)





ACCOUNTANTS: Vortex Accountants Limited
Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU

Scrivs Sealants Limited (Registered number: 13190018)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,658 19,613

CURRENT ASSETS
Stocks 5 27,201 3,600
Debtors 6 236,827 89,671
Cash at bank and in hand 9,454 99,958
273,482 193,229
CREDITORS
Amounts falling due within one year 7 77,927 54,284
NET CURRENT ASSETS 195,555 138,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

221,213

158,558

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 221,113 158,458
221,213 158,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Scrivs Sealants Limited (Registered number: 13190018)

Balance Sheet - continued
28 February 2025


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 27 March 2025 and were signed by:





Mr J Scrivener - Director


Scrivs Sealants Limited (Registered number: 13190018)

Notes to the Financial Statements
for the year ended 28 February 2025

1. STATUTORY INFORMATION

Scrivs Sealants 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Scrivs Sealants Limited (Registered number: 13190018)

Notes to the Financial Statements - continued
for the year ended 28 February 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024 333 23,382 2,048 25,763
Additions - 11,000 1,459 12,459
At 28 February 2025 333 34,382 3,507 38,222
DEPRECIATION
At 1 March 2024 120 5,510 520 6,150
Charge for year 43 5,774 597 6,414
At 28 February 2025 163 11,284 1,117 12,564
NET BOOK VALUE
At 28 February 2025 170 23,098 2,390 25,658
At 29 February 2024 213 17,872 1,528 19,613

5. STOCKS
2025 2024
£    £   
Work-in-progress 27,201 3,600

Scrivs Sealants Limited (Registered number: 13190018)

Notes to the Financial Statements - continued
for the year ended 28 February 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 40,503 11,462
Other debtors 49,765 60,673
Other loans 125,000 -
VAT 21,559 17,536
236,827 89,671

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 11,790 -
Tax 60,362 48,873
Net wages 1,277 2,724
Credit card 2,851 1,038
Directors' current accounts 12 14
Accrued expenses 1,635 1,635
77,927 54,284