REGISTERED NUMBER: SC438999 (Scotland)

Scydonia Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A I Miller

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

EH3 6AT

REGISTERED NUMBER:

SC438999 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

BANKERS:

The Royal Bank of Scotland plc

36 St Andrew Square

Edinburgh

EH2 2AD

FIXED ASSETS

Tangible assets

4

108

270

Investments

5

50

50

158

320

CURRENT ASSETS

Debtors

6

5,564

103,493

Cash at bank

32,422

464

37,986

103,957

CREDITORS

Amounts falling due within one year

7

10,609

22,594

NET CURRENT ASSETS

27,377

81,363

TOTAL ASSETS LESS CURRENT LIABILITIES

27,535

81,683

CREDITORS

Amounts falling due after more than one year

8

(30,092

)

(37,327

)

PROVISIONS FOR LIABILITIES

(22

)

(66

)

NET (LIABILITIES)/ASSETS

(2,579

)

44,290

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(2,580

)

44,289

SHAREHOLDERS' FUNDS

(2,579

)

44,290

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 29 September 2025 and were signed by:

A I Miller - Director

1.	STATUTORY INFORMATION

Scydonia Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover and revenue recognition

Turnover represents provision of management consultancy services.

Revenue is recognised in line with performance to the extent that a right to consideration arises.

Included in current assets, as "accrued sales", are amounts in respect of income that has been recognised but not billed by the end of the period, if applicable.

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 etc

-

33% on cost and 15% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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.

Going concern

The financial statements have been prepared on the going concern principle, which assumes that the company will continue to trade in the foreseeable future. In order to do so, the company will require the continued support of its lender and director. The director will continue to support the company and is confident of the continued support of the lender and other creditors.

Provisions

Provisions are recognised where the company has a present obligation as a result of a past event, it is probable that the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

7,362

DEPRECIATION

At 1 April 2024

7,092

Charge for year

162

At 31 March 2025

7,254

NET BOOK VALUE

At 31 March 2025

108

At 31 March 2024

270

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2024

and 31 March 2025

50

NET BOOK VALUE

At 31 March 2025

50

At 31 March 2024

50

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by participating interests

4,987

56,932

Other debtors

577

46,561

5,564

103,493

The company is owed £0 (2024: £45,152) from Cabins in the City Limited, a company in which A I Miller is the joint director and owner. The company is owed £4,987 (2024: £4,987) from Cabins in the City (Assynt) Limited, a company in which A I Miller is the sole director and owner.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,618

6,002

Taxation and social security

-

13,461

Other creditors

3,991

3,131

10,609

22,594

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

30,092

37,327

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,620

9,485

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

A I Miller

Balance outstanding at start of year

46,562

(2,396

)

Amounts advanced

2,186

57,446

Amounts repaid

(49,059

)

(8,488

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(311

)

46,562

The balance owed on the director's current account is unsecured and repayable on demand. Interest was charged at 2.25% per annum on the balance outstanding during the year.