Company registration number SC591398 (Scotland)
SCOOP RESTAURANTS GROUP LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
SCOOP RESTAURANTS GROUP LTD
CONTENTS
Page
Company information
1
Balance sheet
2
Notes to the financial statements
3 - 4
SCOOP RESTAURANTS GROUP LTD
COMPANY INFORMATION
- 1 -
Directors
Mr P C Kane
Mr J MacDonald
Company number
SC591398
Registered office
26 Vinicombe Street
c/o Ka Pao
Botanic Gardens Garage
Glasgow
Lanarkshire
Scotland
G12 8BE
Accountants
Consilium Chartered Accountants
169 West George Street
Glasgow
Scotland
G2 2LB
SCOOP RESTAURANTS GROUP LTD
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 2 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
107,382
1,428
Cash at bank and in hand
1,154,232
632,293
1,261,614
633,721
Creditors: amounts falling due within one year
4
(1,187,711)
(559,818)
Net current assets
73,903
73,903
Capital and reserves
Called up share capital
5
5
5
Profit and loss reserves
73,898
73,898
Total equity
73,903
73,903
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 10 July 2025 and are signed on its behalf by:
Mr P C Kane
Director
Company Registration No. SC591398
SCOOP RESTAURANTS GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information
Scoop Restaurants Group Ltd is a private company limited by shares incorporated in Scotland. The registered office is 26 Vinicombe Street, c/o Ka Pao, Botanic Gardens Garage, Glasgow, Lanarkshire, Scotland, G12 8BE. The company's registration number is SC591398.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.6
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
SCOOP RESTAURANTS GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Total
141
134
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
107,382
1,428
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
8,934
4,051
Taxation and social security
422,525
277,889
Other creditors
756,252
277,878
1,187,711
559,818
5
Called up share capital
2024
2023
£
£
Ordinary share capital
Issued and fully paid
1 A ordinary share of £1
1
1
1 B ordinary share of £1
1
1
1 C ordinary share of £1
1
1
1 D ordinary share of £1
1
1
1 E ordinary share of £1
1
1
5
5
6
Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
No other transactions with related parties were undertaken such as are required to be disclosed under the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".