Company Registration No. 03945661 (England and Wales)
A B Scovell Limited
Unaudited accounts
for the year ended 31 March 2025
A B Scovell Limited
Unaudited accounts
Contents
A B Scovell Limited
Company Information
for the year ended 31 March 2025
Company Number
03945661 (England and Wales)
Registered Office
Luccombe Haven,
Ashgrove,
Luccombe,
Isle of Wight.
PO37 6RX
Accountants
Martin Bridges & Co
39 High Street
Shanklin
Isle of Wight
PO37 6JJ
A B Scovell Limited
Statement of financial position
as at 31 March 2025
Tangible assets
42,691
17,064
Investment property
404,529
404,529
Inventories
775,000
725,000
Cash at bank and in hand
23,735
10,144
Creditors: amounts falling due within one year
(370,853)
(305,076)
Net current assets
1,053,399
1,080,068
Total assets less current liabilities
1,500,619
1,501,661
Provisions for liabilities
Deferred tax
(11,168)
(9,001)
Net assets
1,489,451
1,492,660
Called up share capital
1,000
1,000
Profit and loss account
1,488,451
1,491,660
Shareholders' funds
1,489,451
1,492,660
For the year ending 31 March 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 29 September 2025 and were signed on its behalf by
K S Scovell
Director
Company Registration No. 03945661
A B Scovell Limited
Notes to the Accounts
for the year ended 31 March 2025
A B Scovell Limited is a private company, limited by shares, registered in England and Wales, registration number 03945661. The registered office is Luccombe Haven,, Ashgrove,, Luccombe,, Isle of Wight., PO37 6RX.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Total
Charge for the year
10,673
A B Scovell Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 1 (2024: 1).