REGISTERED NUMBER: 13104396 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Scarlet Global Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Cox

J A Dewar

C Chrysanthou

F C J Cassel

I Haivas

REGISTERED OFFICE:

12 New Fetter Lane

London

EC4A 1JP

REGISTERED NUMBER:

13104396 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

FIXED ASSETS

Tangible assets

4

95,528

34,871

Investments

5

1,310,789

387,617

1,406,317

422,488

CURRENT ASSETS

Debtors

6

1,802,533

559,553

Cash at bank

11,855,487

3,199,845

13,658,020

3,759,398

CREDITORS

Amounts falling due within one year

7

27,039

15,437

NET CURRENT ASSETS

13,630,981

3,743,961

TOTAL ASSETS LESS CURRENT LIABILITIES

15,037,298

4,166,449

ACCRUALS AND DEFERRED INCOME

1

1

NET ASSETS

15,037,297

4,166,448

CAPITAL AND RESERVES

Called up share capital

205

158

Share premium

21,569,890

7,579,994

Retained earnings

(6,532,798

)

(3,413,704

)

15,037,297

4,166,448

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.

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 Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by:

J A Dewar - Director

1.	STATUTORY INFORMATION

Scarlet Global Holdings 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.

Related party exemption

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.

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 9 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

2,654

44,210

46,864

Additions

261

81,157

81,418

At 31 December 2024

2,915

125,367

128,282

DEPRECIATION

At 1 January 2024

1,602

10,391

11,993

Charge for year

776

19,985

20,761

At 31 December 2024

2,378

30,376

32,754

NET BOOK VALUE

At 31 December 2024

537

94,991

95,528

At 31 December 2023

1,052

33,819

34,871

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 January 2024

387,617

Additions

923,172

At 31 December 2024

1,310,789

NET BOOK VALUE

At 31 December 2024

1,310,789

At 31 December 2023

387,617

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

1,713,297

458,556

Directors' loan accounts

244

-

VAT

34,573

56,889

Prepayments and accrued income

54,419

44,108

1,802,533

559,553

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

17,269

11,925

Other creditors

5,559

1,284

Accrued expenses

4,211

2,228

27,039

15,437