Caseware UK (AP4) 2023.0.135 2023.0.135 2025-05-142023-09-01false22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10928570 2023-09-01 2024-08-31 10928570 2022-09-01 2023-08-31 10928570 2024-08-31 10928570 2023-08-31 10928570 c:Director1 2023-09-01 2024-08-31 10928570 d:PlantMachinery 2023-09-01 2024-08-31 10928570 d:PlantMachinery 2024-08-31 10928570 d:PlantMachinery 2023-08-31 10928570 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 10928570 d:OfficeEquipment 2023-09-01 2024-08-31 10928570 d:OfficeEquipment 2024-08-31 10928570 d:OfficeEquipment 2023-08-31 10928570 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 10928570 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 10928570 d:CurrentFinancialInstruments 2024-08-31 10928570 d:CurrentFinancialInstruments 2023-08-31 10928570 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 10928570 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10928570 d:ShareCapital 2024-08-31 10928570 d:ShareCapital 2023-08-31 10928570 d:RetainedEarningsAccumulatedLosses 2024-08-31 10928570 d:RetainedEarningsAccumulatedLosses 2023-08-31 10928570 c:FRS102 2023-09-01 2024-08-31 10928570 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10928570 c:FullAccounts 2023-09-01 2024-08-31 10928570 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10928570 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 10928570













Scott Stobart Limited

Financial statements
Information for filing with the registrar

31 August 2024




 
Scott Stobart Limited


Balance Sheet
At 31 August 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,232
5,079

  
5,232
5,079

Current assets
  

Debtors
  
6,374
6,258

Cash at bank and in hand
  
72,000
83,135

  
78,374
89,393

Creditors: amounts falling due within one year
 5 
(23,723)
(42,543)

Net current assets
  
 
 
54,651
 
 
46,850

Total assets less current liabilities
  
59,883
51,929

Provisions for liabilities
  

Deferred tax
  
(994)
(1,270)

  
 
 
(994)
 
 
(1,270)

Net assets
  
58,889
50,659


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
58,789
50,559

Shareholders' funds
  
58,889
50,659


1

 
Scott Stobart Limited

    
Balance Sheet (continued)
At 31 August 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 May 2025.




P L Stobart
Director

Company registered number: 10928570
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Scott Stobart Limited
 
 

Notes to the financial statements
Year ended 31 August 2024

1.


General information

The company is a private company limited by shares, registered and domiciled in England and Wales. The address of the registered office is 2nd Floor, Citygate, St James' Boulevard, Newcastle Upon Tyne, NE1 4JE.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

 
2.2

Revenue

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

 
2.3

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
  
Current tax is recognised on taxable profit for the current and past periods. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted at the financial reporting date.
Deferred tax is recognised in respect of all timing differences at the financial reporting date. Unrelieved tax losses and other 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. Deferred tax is determined using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference

3

 
Scott Stobart Limited
 

 
Notes to the financial statements
Year ended 31 August 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 : 2). 

4

 
Scott Stobart Limited
 
 

Notes to the financial statements
Year ended 31 August 2024

4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost


At 1 September 2023
608
6,629
7,237


Additions
-
1,898
1,898



At 31 August 2024

608
8,527
9,135



Depreciation


At 1 September 2023
13
2,145
2,158


Charge for the year
149
1,596
1,745



At 31 August 2024

162
3,741
3,903



Net book value



At 31 August 2024
446
4,786
5,232



At 31 August 2023
595
4,484
5,079


5.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
9,131
7,272

Other creditors
12,012
29,640

Accruals and deferred income
2,580
5,631

23,723
42,543


 
5