Scarlet & Violet Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 08256782

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,053		4,632
Tangible Assets	5		11,997		26,537

			16,050		31,169
CURRENT ASSETS
Stocks		34,534		38,920
Debtors	6	180,195		106,904
Cash at bank		428,153		516,673

		642,882		662,497
Creditors: Amounts Falling Due Within One Year	7	(215,733 )		(244,503 )

NET CURRENT ASSETS (LIABILITIES)			427,149		417,994

TOTAL ASSETS LESS CURRENT LIABILITIES			443,199		449,163

NET ASSETS			443,199		449,163

CAPITAL AND RESERVES
Called up share capital	8		1		1
Income Statement			443,198		449,162

SHAREHOLDERS' FUNDS			443,199		449,163

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Scarlet & Violet Limited

Statement of Financial Position (continued)

As At 31 March 2025

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

The director acknowledges her 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 Income Statement.

On behalf of the board

Mrs V Brotherson

Director

1 December 2025

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

1. General Information

Scarlet & Violet 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

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being

amortised evenly over its estimated useful life of twenty years.

2.4. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor Vehicles	25% on cost
Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

2.6. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.7. Pensions

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 12)

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Scarlet & Violet Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	11,580

As at 31 March 2025	11,580

Amortisation
As at 1 April 2024	6,948
Provided during the period	579

As at 31 March 2025	7,527

Net Book Value
As at 31 March 2025	4,053

As at 1 April 2024	4,632

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	93,041	21,720	12,025	126,786
Additions	-	346	1,080	1,426
Disposals	(14,500 )	(919 )	(2,272 )	(17,691 )

As at 31 March 2025	78,541	21,147	10,833	110,521

Depreciation
As at 1 April 2024	75,619	17,995	6,635	100,249
Provided during the period	11,873	1,805	2,199	15,877
Disposals	(14,500 )	(830 )	(2,272 )	(17,602 )

As at 31 March 2025	72,992	18,970	6,562	98,524

Net Book Value
As at 31 March 2025	5,549	2,177	4,271	11,997

As at 1 April 2024	17,422	3,725	5,390	26,537

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Scarlet & Violet Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	117,440	89,429
Other debtors	62,755	17,475

	180,195	106,904

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	114,418	94,462
Other creditors	5,081	29,663
Taxation and social security	96,234	120,378

	215,733	244,503

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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