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REGISTERED NUMBER: 13535754 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

SCARO LIMITED

SCARO LIMITED (REGISTERED NUMBER: 13535754)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SCARO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr S M Carruthers
Mrs S Carruthers





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 13535754 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

SCARO LIMITED (REGISTERED NUMBER: 13535754)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,388 1,529

CURRENT ASSETS
Debtors 5 38,265 18,306
Investments 6 49,685 -
Cash at bank 36,102 33,774
124,052 52,080
CREDITORS
Amounts falling due within one year 7 94,854 38,042
NET CURRENT ASSETS 29,198 14,038
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,586

15,567

PROVISIONS FOR LIABILITIES 8 1,097 382
NET ASSETS 32,489 15,185

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,389 15,085
32,489 15,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 and authorised for issue by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:



Mr S M Carruthers - Director


SCARO LIMITED (REGISTERED NUMBER: 13535754)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Scaro 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.
Plant and machinery etc - 33% on cost

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SCARO LIMITED (REGISTERED NUMBER: 13535754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 2,202
Additions 4,556
At 31 July 2024 6,758
DEPRECIATION
At 1 August 2023 673
Charge for year 1,697
At 31 July 2024 2,370
NET BOOK VALUE
At 31 July 2024 4,388
At 31 July 2023 1,529

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 9,765 -
Other debtors 28,500 18,306
38,265 18,306

6. CURRENT ASSET INVESTMENTS
31.7.24 31.7.23
£    £   
Other 49,685 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 35,417 9,996
Taxation and social security 48,666 27,101
Other creditors 10,771 945
94,854 38,042

8. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 1,097 382

SCARO LIMITED (REGISTERED NUMBER: 13535754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 August 2023 382
Provided during year 715
Balance at 31 July 2024 1,097

9. RELATED PARTY DISCLOSURES

The aggregate amount owed by the company to the directors at the balance sheet date is £11 (31.7.23 owed to £341).

Amounts owed by connected companies at the balance sheet date is £28,500 (31.7.23: £16,500).

10. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr S M Carruthers and Mrs S Carruthers.