Scorpion Redpower Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 13452656

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		64,724		74,556
Tangible Assets	5		220,418		128,173

			285,142		202,729
CURRENT ASSETS
Stocks		664,664		644,270
Debtors		215,882		172,136
Cash at bank and in hand		946,747		1,069,392

		1,827,293		1,885,798
Creditors: Amounts Falling Due Within One Year		(338,024 )		(242,858 )

NET CURRENT ASSETS (LIABILITIES)			1,489,269		1,642,940

TOTAL ASSETS LESS CURRENT LIABILITIES			1,774,411		1,845,669

Creditors: Amounts Falling Due After More Than One Year			(40,882 )		(25,000 )

NET ASSETS			1,733,529		1,820,669

CAPITAL AND RESERVES
Called up share capital	7		125		125
Profit and Loss Account			1,733,404		1,820,544

SHAREHOLDERS' FUNDS			1,733,529		1,820,669

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Scorpion Redpower Limited

Abridged Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Shaun Leonard

Director

25 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Scorpion Redpower Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13452656 . The registered office is Unit 3 High Holborn Road, Codnor Gate Industrial Estate, Ripley, Derbyshire, DE5 3NW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	15% on Straight Line
Leasehold	15% on Straight Line
Plant & Machinery	10% on Straight Line
Motor Vehicles	25% on Reducing Balance
Fixtures & Fittings	15% on Straight Line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Scorpion Redpower Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 45 (2023: 45)

4. Intangible Assets

	Total
	£
Cost
As at 1 January 2024	98,315

As at 31 December 2024	98,315

Amortisation
As at 1 January 2024	23,759
Provided during the period	9,832

As at 31 December 2024	33,591

Net Book Value
As at 31 December 2024	64,724

As at 1 January 2024	74,556

5. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	173,118
Additions	135,043

As at 31 December 2024	308,161

Depreciation
As at 1 January 2024	44,945
Provided during the period	42,798

As at 31 December 2024	87,743

Net Book Value
As at 31 December 2024	220,418

As at 1 January 2024	128,173

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Scorpion Redpower Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

6. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	5,940	2,069
Later than one year and not later than five years	40,882	25,000

	46,822	27,069

	46,822	27,069

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	125	125

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