REGISTERED NUMBER: 12744324 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Scratch 12 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Goolding

D Goolding

REGISTERED OFFICE:

15 Guildford Road

Aldershot

Hampshire

GU12 4BN

REGISTERED NUMBER:

12744324 (England and Wales)

ACCOUNTANTS:

J.Y. Limited

Rangefield Court

Farnham Trading Estate

Farnham

Surrey

GU9 9NP

FIXED ASSETS

Tangible assets

4

2,900

6,800

CURRENT ASSETS

Stocks

706,794

706,794

Cash at bank

5

5

706,799

706,799

CREDITORS

Amounts falling due within one year

5

292,105

304,818

NET CURRENT ASSETS

414,694

401,981

TOTAL ASSETS LESS CURRENT LIABILITIES

417,594

408,781

CREDITORS

Amounts falling due after more than one year

6

401,447

401,447

NET ASSETS

16,147

7,334

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

16,047

7,234

SHAREHOLDERS' FUNDS

16,147

7,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 30 September 2025 and were signed on its behalf by:

J Goolding - Director

1.	STATUTORY INFORMATION

Scratch 12 Limited 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.

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.

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

-

33% on cost and 20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

2,032

19,500

437

21,969

DEPRECIATION

At 1 August 2024

2,032

12,700

437

15,169

Charge for year

-

3,900

-

3,900

At 31 July 2025

2,032

16,600

437

19,069

NET BOOK VALUE

At 31 July 2025

-

2,900

-

2,900

At 31 July 2024

-

6,800

-

6,800

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

1,590

-

Taxation and social security

2,807

2,985

Other creditors

287,708

301,833

292,105

304,818

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Other creditors

401,447

401,447

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

401,447

401,447

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Other loans

401,447

401,447

The mortgage loan is secured on the company's development property. The loan is interest only and interest is charged at 3.2%.