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Company Registration No. 13879781 (England and Wales)
SC Goods Ltd Filleted Accounts for the year ended 31 January 2025
SC Goods Ltd Filleted Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SC Goods Ltd Company Information for the year ended 31 January 2025
Directors
Francesco Antonio Caccavale Damien Paul Patrick McCarthy
Company Number
13879781 (England and Wales)
Registered Office
2 Rays Avenue Windsor Berkshire SL4 5HG England
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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SC Goods Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Current assets
Inventories
4
15,712
30,549
Debtors
5
1,467
5,141
Cash at bank and in hand
108,025
85,106
125,204
120,796
Creditors: amounts falling due within one year
6
(33,220)
(29,915)
Net current assets
91,984
90,881
Total assets less current liabilities
91,984
90,881
Creditors: amounts falling due after more than one year
7
(9,900)
(9,900)
Net assets
82,084
80,981
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
81,984
80,881
Shareholders' funds
82,084
80,981
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by
Francesco Antonio Caccavale Director Company Registration No. 13879781
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SC Goods Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
SC Goods Ltd is a private company, limited by shares, registered in England and Wales, registration number 13879781. The registered office is 2 Rays Avenue, Windsor, Berkshire, SL4 5HG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Inventories
2025
2024
£
£
Finished goods
15,712
30,549
15,712
30,549
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
1,467
5,141
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SC Goods Ltd Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
21,433
20,232
Taxes and social security
11,018
8,914
Accruals
769
769
33,220
29,915
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
9,900
9,900
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
50 A Ordinary shares of £1 each
50
100
45 B Ordinary shares of £1 each
45
-
5 C Ordinary shares of £1 each
5
-
100
100
Shares issued during the period:
45 B Ordinary shares of £1 each
45
5 C Ordinary shares of £1 each
5
50
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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