REGISTERED NUMBER: 06597735 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 30 SEPTEMBER 2024

FOR

SCRIVEN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTOR:

Mr M D S Williams

SECRETARY:

Mrs R.J Williams

REGISTERED OFFICE:

The Stables

Grizzlefield House

Felixkirk Road

Thirsk

North Yorkshire

YO7 2ED

REGISTERED NUMBER:

06597735 (England and Wales)

ACCOUNTANTS:

Momentum Taxation and Accountancy Ltd

Harelands Courtyard Offices

Moor Road

Melsonby

Richmond

North Yorkshire

DL10 5NY

FIXED ASSETS

Tangible assets

4

6,053

7,401

Investment property

5

1,811,387

1,273,814

1,817,440

1,281,215

CURRENT ASSETS

Debtors

6

138,417

61,966

Cash at bank

4,772

7,684

143,189

69,650

CREDITORS

Amounts falling due within one year

7

886,607

293,769

NET CURRENT LIABILITIES

(743,418

)

(224,119

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,074,022

1,057,096

CREDITORS

Amounts falling due after more than one year

8

(585,668

)

(512,800

)

PROVISIONS FOR LIABILITIES

(48,099

)

(48,099

)

NET ASSETS

440,255

496,197

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

199,058

199,058

Retained earnings

241,097

297,039

SHAREHOLDERS' FUNDS

440,255

496,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 by the director and authorised for issue on 11 June 2025 and were signed by:

Mr M D S Williams - Director

1.	STATUTORY INFORMATION

Scriven 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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 period was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 July 2023

and 30 September 2024

8,500

1,200

600

10,300

DEPRECIATION

At 1 July 2023

1,275

1,024

600

2,899

Charge for period

1,316

32

-

1,348

At 30 September 2024

2,591

1,056

600

4,247

NET BOOK VALUE

At 30 September 2024

5,909

144

-

6,053

At 30 June 2023

7,225

176

-

7,401

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2023

1,273,814

Additions

537,573

At 30 September 2024

1,811,387

NET BOOK VALUE

At 30 September 2024

1,811,387

At 30 June 2023

1,273,814

Fair value at 30 September 2024 is represented by:

£

Valuation in 2022

222,856

Valuation in 2023

22,894

Cost

1,565,637

1,811,387

If the investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

1,565,636

1,028,064

Investment property was valued on an open market basis on 5 July 2023 by Thomas Stevenson, Chartered Surveyors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

26,735

60,414

Amounts owed by group undertakings

7,757

48

Other debtors

103,925

1,504

138,417

61,966

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

50,160

28,361

Trade creditors

576

2,831

Amounts owed to group undertakings

832,738

248,039

Taxation and social security

-

11,662

Other creditors

3,133

2,876

886,607

293,769

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

585,668

512,800

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

635,828

541,161

Handelsbanken PLC holds a fixed charge and negative pledge over the following properties:

- 40 Vicars Croft, Northallerton, North Yorkshire,

- 1 Manor Cottage Newsham Thirsk North Yorkshire.

- 68 and 78 Bolckow Street Guisborough.

- Land at Sowerby Gateway Topcliffe Road Thirsk.

- 74 Bolckow Street Guisborough.

- Whistlestop Cottage Newsham Thirsk North Yorkshire.

- 73 Pelham Street Middlesbrough.

- 65 Pelham Street Middlesbrough.

- 63 Pelham Street Middlesbrough.

The bank also holds a fixed and floating charge over all the property or undertaking of the company.

10.

RESERVES

Fair

value

reserve

£

At 1 July 2023

and 30 September 2024

199,058

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by the shareholders Mr M D S Williams, director who holds 50% of the issued share capital.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Scriven Limited for the period ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Scriven Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Scriven Limited and state those matters that we have agreed to state to the director of Scriven Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Scriven Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Scriven Limited. You consider that Scriven Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Scriven Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Momentum Taxation and Accountancy Ltd

Harelands Courtyard Offices

Moor Road

Melsonby

Richmond

North Yorkshire

DL10 5NY

Date: .............................................