SCSI Holdings Limited

Registered Number: 03590938 SCSI Holdings Limited
Statement of Financial Position
As at 30 November 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	105,639	115,075
Investments	4	45,079	45,079
		150,718	160,154
Current assets
Debtors: amounts falling due within one year		143,000	53,000
Cash at bank and in hand		2,465	26,303
		145,465	79,303
Creditors: amount falling due within one year		(39,362)	(23,911)
Net current assets		106,103	55,392

Total assets less current liabilities		256,821	215,546
Net assets		256,821	215,546

Capital and reserves
Called up share capital	5	132	132
Profit and loss account		256,689	215,414
Shareholders' funds		256,821	215,546

For the year ended 30 November 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 15 April 2025 and were signed on its behalf by:

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Tom Pinnell
Director

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Andrew Pinnell
Director

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Rachel David
Director

SCSI Holdings Limited
Notes to the Abridged Financial Statements
For the year ended 30 November 2024

General Information

SCSI Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 03590938, registration address 30 St Catherine Street, Gloucester, Gloucestershire, GL1 2BX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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)

Group accounts

The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	2% Straight Line
Motor Vehicles	25% Straight Line
Fixtures and Fittings	25% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 6 (2023 : 6).

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 December 2023	181,212	60,800	827	242,839
Additions	-	-	-	-
Disposals	-	-	-	-
At 30 November 2024	181,212	60,800	827	242,839
Depreciation
At 01 December 2023	71,948	54,989	827	127,764
Charge for year	3,625	5,811	-	9,436
On disposals	-	-	-	-
At 30 November 2024	75,573	60,800	827	137,200
Net book values
Closing balance as at 30 November 2024	105,639	-	-	105,639
Opening balance as at 01 December 2023	109,264	5,811	-	115,075

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 December 2023	45,079	45,079
Additions	-	-
Transfer to/from tangible fixed assets	-	-
Disposals	-	-
At 30 November 2024	45,079	45,079

Share Capital

Allotted, called up and fully paid	2024 £		2023 £
132 Class A shares of £1.00 each	132		132
	132		132