2 4 Scrawlrbox Ltd 09736068 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is the sale of art supplies. Digita Accounts Production Advanced 6.30.9574.0 true 09736068 2023-10-01 2024-09-30 09736068 2024-09-30 09736068 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-09-30 09736068 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-09-30 09736068 core:CurrentFinancialInstruments 2024-09-30 09736068 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09736068 core:Non-currentFinancialInstruments 2024-09-30 09736068 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 09736068 core:MotorVehicles 2024-09-30 09736068 core:PlantMachinery 2024-09-30 09736068 bus:SmallEntities 2023-10-01 2024-09-30 09736068 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09736068 bus:FilletedAccounts 2023-10-01 2024-09-30 09736068 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09736068 bus:RegisteredOffice 2023-10-01 2024-09-30 09736068 bus:Director1 2023-10-01 2024-09-30 09736068 bus:Director2 2023-10-01 2024-09-30 09736068 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09736068 bus:Agent1 2023-10-01 2024-09-30 09736068 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09736068 core:MotorCars 2023-10-01 2024-09-30 09736068 core:MotorVehicles 2023-10-01 2024-09-30 09736068 core:PlantMachinery 2023-10-01 2024-09-30 09736068 countries:EnglandWales 2023-10-01 2024-09-30 09736068 2023-09-30 09736068 core:MotorVehicles 2023-09-30 09736068 core:PlantMachinery 2023-09-30 09736068 2022-10-01 2023-09-30 09736068 2023-09-30 09736068 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-09-30 09736068 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-09-30 09736068 core:CurrentFinancialInstruments 2023-09-30 09736068 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09736068 core:Non-currentFinancialInstruments 2023-09-30 09736068 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 09736068 core:MotorVehicles 2023-09-30 09736068 core:PlantMachinery 2023-09-30 xbrli:pure iso4217:GBP

Registration number: 09736068

Scrawlrbox Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Scrawlrbox Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Scrawlrbox Ltd

Company Information

Directors

Mrs Rebecca Lambert

Mr Christopher Lambert

Registered office

31 Market Place
Chippenham
Wiltshire
SN15 3HP

Accountants

Sapphire8 Limited
Chartered Certified AccountantsChannel Court
Hill Road
Clevedon
BS21 7NE

 

Scrawlrbox Ltd

(Registration number: 09736068)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

17,732

36,148

Current assets

 

Stocks

106,781

159,683

Debtors

5

78,549

121,515

Cash at bank and in hand

 

7,685

9,465

 

193,015

290,663

Creditors: Amounts falling due within one year

6

(205,561)

(274,838)

Net current (liabilities)/assets

 

(12,546)

15,825

Total assets less current liabilities

 

5,186

51,973

Creditors: Amounts falling due after more than one year

6

-

(51,219)

Net assets

 

5,186

754

Capital and reserves

 

Called up share capital

102

102

Retained earnings

5,084

652

Shareholders' funds

 

5,186

754

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 April 2025 and signed on its behalf by:
 

 

Scrawlrbox Ltd

(Registration number: 09736068)
Balance Sheet as at 30 September 2024

.........................................
Mr Christopher Lambert
Director

 

Scrawlrbox Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31 Market Place
Chippenham
Wiltshire
SN15 3HP
England

These financial statements were authorised for issue by the Board on 17 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date.

 

Scrawlrbox Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings & equipment

25% straight line

Motor vehicles

20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. The cost of finished goods comprises direct materials.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Scrawlrbox Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 4).

 

Scrawlrbox Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

39,928

76,390

116,318

At 30 September 2024

39,928

76,390

116,318

Depreciation

At 1 October 2023

31,246

48,924

80,170

Charge for the year

3,138

15,278

18,416

At 30 September 2024

34,384

64,202

98,586

Carrying amount

At 30 September 2024

5,544

12,188

17,732

At 30 September 2023

8,682

27,466

36,148

5

Debtors

Current

2024
£

2023
£

Trade debtors

74

72

Prepayments

51,788

67,101

Other debtors

26,687

54,342

 

78,549

121,515

 

Scrawlrbox Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

50,148

30,941

Trade creditors

 

86,251

140,093

Taxation and social security

 

3,135

2,217

Accruals and deferred income

 

20,238

29,026

Other creditors

 

45,789

72,561

 

205,561

274,838

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

-

51,219

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

-

26,719

Hire purchase contracts

-

24,500

-

51,219

Current loans and borrowings

2024
£

2023
£

Bank borrowings

26,590

25,833

Hire purchase contracts

23,558

5,108

50,148

30,941