Scroll Ltd

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11144830

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		536		716

			536		716
CURRENT ASSETS
Debtors	5	227,923		263,200
Investments	6	408,631		449,577
Cash at bank and in hand		808,307		815,850

		1,444,861		1,528,627
Creditors: Amounts Falling Due Within One Year	7	(213,494 )		(323,176 )

NET CURRENT ASSETS (LIABILITIES)			1,231,367		1,205,451

TOTAL ASSETS LESS CURRENT LIABILITIES			1,231,903		1,206,167

PROVISIONS FOR LIABILITIES
Deferred Taxation			(102 )		-

NET ASSETS			1,231,801		1,206,167

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			1,231,701		1,206,067

SHAREHOLDERS' FUNDS			1,231,801		1,206,167

Page 1

Page 2

Scroll Ltd

Balance Sheet (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 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.

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 Profit and Loss Account.

On behalf of the board

Prof Henry Rothstein Director	Ms Henrietta Meyric Hughes Director
12/12/2025

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

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

Reducing Balance 25%

1.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

1.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 15 (2024: 18)

Page 3

Page 4

Scroll Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Prior Period Adjustment

During the year, the company identified a prior-year error relating to the incorrect recording of sales, cost of sales and the VAT liability in the financial statements for the year ended 31 March 2024.

The corrections to sales and cost of sales affected the prior-year profit and have been corrected retrospectively, with comparative figures restated.

Effect of the correction on the year ended 31 March 2024

Decrease in sales 15,005

Decrease in cost of sales (72,599)

Decrease in VAT liability 57,594

Increase in corporation tax charge 14,399

Increase in corporation tax liability (14,399)

Increase in corporation tax recoverable asset 10,917

Decrease in corporation tax charge (10,917)

The opening retained earnings at 1 April 2024 have been reduced by £54,113.

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	1,274

As at 31 March 2025	1,274

Depreciation
As at 1 April 2024	558
Provided during the period	180

As at 31 March 2025	738

Net Book Value
As at 31 March 2025	536

As at 1 April 2024	716

5. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	46,094	247,886
Prepayments and accrued income	170,912	3,493
Other debtors	-	750
Deferred tax current asset	-	130
Directors' loan accounts	-	24

	217,006	252,283
Due after more than one year
Corporation tax recoverable assets	10,917	10,917

	10,917	10,917

	227,923	263,200

Page 4

Page 5

Scroll Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Current Asset Investments

	2025	2024 as restated
	£	£
Listed investments	402,116	448,403
Short term deposits	6,515	1,174

	408,631	449,577

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	103,659	107,310
Corporation tax	25,666	129,344
Other taxes and social security	14,970	3,556
VAT	35,740	80,811
Accruals and deferred income	33,459	2,155

	213,494	323,176

8. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	100	100

9. General Information

Scroll Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11144830 . The registered office is Unit 5, Avenue Business Park, Brockley Road, Elsworth, Cambridge, CB23 4EY.

Page 5