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REGISTERED NUMBER: 01568506 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SCARECROW GROUP LIMITED

SCARECROW GROUP LIMITED (REGISTERED NUMBER: 01568506)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SCARECROW GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: L Pannett
Ms T Claasen-Vujcic
S Hamminga





SECRETARY: L Pannett





REGISTERED OFFICE: The Old Dairy
Straight Half Mile
Maresfield
East Sussex
TN22 2HH





REGISTERED NUMBER: 01568506 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

SCARECROW GROUP LIMITED (REGISTERED NUMBER: 01568506)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 60,918 121,835
Tangible assets 5 24,322 25,376
Investments 6 4 4
85,244 147,215

CURRENT ASSETS
Stocks 120,425 140,329
Debtors 7 136,337 191,302
Cash at bank 508,937 243,144
765,699 574,775
CREDITORS
Amounts falling due within one year 8 (134,007 ) (158,682 )
NET CURRENT ASSETS 631,692 416,093
TOTAL ASSETS LESS CURRENT
LIABILITIES

716,936

563,308

CREDITORS
Amounts falling due after more than one
year

9

(36,059

)

(49,039

)

PROVISIONS FOR LIABILITIES (6,081 ) (6,295 )
NET ASSETS 674,796 507,974

CAPITAL AND RESERVES
Called up share capital 11 23,000 23,000
Retained earnings 651,796 484,974
SHAREHOLDERS' FUNDS 674,796 507,974

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

SCARECROW GROUP LIMITED (REGISTERED NUMBER: 01568506)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:





L Pannett - Director


SCARECROW GROUP LIMITED (REGISTERED NUMBER: 01568506)

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

1. STATUTORY INFORMATION

Scarecrow Group 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


SCARECROW GROUP LIMITED (REGISTERED NUMBER: 01568506)

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

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 182,752
AMORTISATION
At 1 January 2024 60,917
Charge for year 60,917
At 31 December 2024 121,834
NET BOOK VALUE
At 31 December 2024 60,918
At 31 December 2023 121,835

SCARECROW GROUP LIMITED (REGISTERED NUMBER: 01568506)

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

5. TANGIBLE FIXED ASSETS
Short Plant and Computer
leasehold machinery equipment Totals
£    £    £    £   
COST
At 1 January 2024 46,543 42,526 23,116 112,185
Additions - 6,770 1,960 8,730
At 31 December 2024 46,543 49,296 25,076 120,915
DEPRECIATION
At 1 January 2024 27,843 39,637 19,329 86,809
Charge for year 4,654 2,577 2,553 9,784
At 31 December 2024 32,497 42,214 21,882 96,593
NET BOOK VALUE
At 31 December 2024 14,046 7,082 3,194 24,322
At 31 December 2023 18,700 2,889 3,787 25,376

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 4
NET BOOK VALUE
At 31 December 2024 4
At 31 December 2023 4

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 110,820 159,942
VAT 8,712 17,320
Prepayments and accrued income 16,805 14,040
136,337 191,302

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 62,347 105,171
Tax 23,400 -
Social security and other taxes (3,130 ) -
Other creditors 4,640 1,858
Accruals 10,555 12,273
Deferred warranty income 36,195 39,380
134,007 158,682

SCARECROW GROUP LIMITED (REGISTERED NUMBER: 01568506)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Deferred warranty income 36,059 49,039

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 19,750 19,750
Between one and five years 31,271 51,021
51,021 70,771

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
23,000 Ordinary £1 23,000 23,000

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Falcon Group Holding BV.