Scarab Solutions Limited - Filleted accounts

Registered number

09759786

Scarab Solutions Limited

Unaudited Filleted Accounts

31 December 2024

Scarab Solutions Limited
Registered number:		09759786
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Intangible assets	3		737,756			645,935
Tangible assets	4		3,637			830
Investments	5		469,406			469,406
			1,210,799			1,116,171

Current assets
Stocks		159,206			86,941
Debtors	6	58,120			48,867
Cash at bank and in hand		128,137			46,773
		345,463			182,581

Creditors: amounts falling due within one year	7	(74,773)			(37,467)

Net current assets			270,690			145,114

Total assets less current liabilities			1,481,489			1,261,285

Creditors: amounts falling due after more than one year	8		(697,888)			(787,763)

Provisions for liabilities			(293)			(293)


Net assets			783,308			473,229

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			782,308			472,229

Shareholders' funds			783,308			473,229

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M. Grum
Director
Approved by the board on 25 September 2025

Scarab Solutions Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Development costs	over 10 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		2		2


3	Intangible fixed assets				£
	Development costs:

	Cost
	At 1 January 2024				905,590
	Additions				91,821
	At 31 December 2024				997,411

	Amortisation
	At 1 January 2024				259,655
	At 31 December 2024				259,655

	Net book value
	At 31 December 2024				737,756
	At 31 December 2023				645,935

	Development expenditure is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				8,005
	Additions				4,019
	At 31 December 2024				12,024

	Depreciation
	At 1 January 2024				7,175
	Charge for the year				1,212
	At 31 December 2024				8,387

	Net book value
	At 31 December 2024				3,637
	At 31 December 2023				830


5	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 January 2024				469,406

	At 31 December 2024				469,406


6	Debtors		2024		2023
£				£

	Trade debtors		-		3,799
	Other debtors		58,120		45,068
			58,120		48,867


7	Creditors: amounts falling due within one year		2024		2023
£				£

	Bank loans and overdrafts		63,573		-
	Trade creditors		-		25,471
	Taxation and social security costs		-		796
	Other creditors		11,200		11,200
			74,773		37,467


8	Creditors: amounts falling due after one year		2024		2023
£				£

	Bank loans		156,372		250,000
	Other creditors		541,516		537,763
			697,888		787,763


9	Other information

	Scarab Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Cambridge House
	32 Padwell Road
	Southampton
	SO14 6QZ