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REGISTERED NUMBER: 11836729 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

SCOTTS HOMES (SW) LTD

SCOTTS HOMES (SW) LTD (REGISTERED NUMBER: 11836729)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SCOTTS HOMES (SW) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025







DIRECTOR: B M Scott





SECRETARY: Ms D Dewdney





REGISTERED OFFICE: Unit 11
Duchy Business Centre
Wilson Way
POOL
Cornwall
TR15 3RT





REGISTERED NUMBER: 11836729 (England and Wales)





ACCOUNTANT: Catherine Bennett Ltd
Chartered Accountant
Wheal Harmony House
Solomon Road
Redruth
Cornwall
TR15 1FD

SCOTTS HOMES (SW) LTD (REGISTERED NUMBER: 11836729)

BALANCE SHEET
30 APRIL 2025

30/4/25 30/4/24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 16,850 20,220
Tangible assets 5 72,923 132,106
89,773 152,326

CURRENT ASSETS
Stocks 1,448,944 664,878
Debtors 6 57,602 61,467
Cash at bank 23,381 42,766
1,529,927 769,111
CREDITORS
Amounts falling due within one year 7 1,699,838 909,749
NET CURRENT LIABILITIES (169,911 ) (140,638 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(80,138

)

11,688

CREDITORS
Amounts falling due after more than one
year

8

(47,654

)

(75,930

)

PROVISIONS FOR LIABILITIES - (10,392 )
NET LIABILITIES (127,792 ) (74,634 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (127,793 ) (74,635 )
(127,792 ) (74,634 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

SCOTTS HOMES (SW) LTD (REGISTERED NUMBER: 11836729)

BALANCE SHEET - continued
30 APRIL 2025


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 31 July 2025 and were signed by:





B M Scott - Director


SCOTTS HOMES (SW) LTD (REGISTERED NUMBER: 11836729)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1. STATUTORY INFORMATION

Scotts Homes (SW) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

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.

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

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

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.


SCOTTS HOMES (SW) LTD (REGISTERED NUMBER: 11836729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

2. ACCOUNTING POLICIES - continued
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.

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.

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.

Going concern
The company has net liabilities and is reliant upon the continued support of its director(s).

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2024
and 30 April 2025 33,700
AMORTISATION
At 1 May 2024 13,480
Charge for year 3,370
At 30 April 2025 16,850
NET BOOK VALUE
At 30 April 2025 16,850
At 30 April 2024 20,220

SCOTTS HOMES (SW) LTD (REGISTERED NUMBER: 11836729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2024 149,227 2,778 133,377 - 285,382
Additions - 192 - 522 714
Disposals (48,900 ) - (41,549 ) - (90,449 )
At 30 April 2025 100,327 2,970 91,828 522 195,647
DEPRECIATION
At 1 May 2024 89,777 1,383 62,116 - 153,276
Charge for year 8,559 742 15,351 172 24,824
Eliminated on disposal (23,686 ) - (31,690 ) - (55,376 )
At 30 April 2025 74,650 2,125 45,777 172 122,724
NET BOOK VALUE
At 30 April 2025 25,677 845 46,051 350 72,923
At 30 April 2024 59,450 1,395 71,261 - 132,106

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Trade debtors 36,933 14,531
Other debtors - 707
VAT 20,669 46,229
57,602 61,467

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Bank loans and overdrafts 29,679 86,588
Other loans 620,100 -
Hire purchase contracts 17,418 25,187
Trade creditors 66,805 58,591
Tax 37 37
Social security and other taxes 9,172 3,802
Other creditors 596,042 597,284
Directors' current accounts 358,085 136,710
Accrued expenses 2,500 1,550
1,699,838 909,749

SCOTTS HOMES (SW) LTD (REGISTERED NUMBER: 11836729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/25 30/4/24
£    £   
Bank loans - 1-2 years 808 11,667
Hire purchase contracts 46,846 64,263
47,654 75,930