The SCSI Shop Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05586476

The SCSI Shop Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

The SCSI Shop Limited

Financial Statements

Period from 1 November 2023 to 31 December 2024

Contents	Pages

Officers and professional advisers	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 6

The SCSI Shop Limited

Officers and Professional Advisers

THE BOARD OF DIRECTORS	M A Gale
	L Gale

REGISTERED OFFICE	Potton House
	Wyboston Lakes
	Great North Road
	Wyboston
	Bedford
	MK44 3BZ

ACCOUNTANTS	Streets
	Chartered Accountants
	Potton House
	Wyboston Lakes
	Great North Road
	Wyboston
	Bedford
	MK44 3BZ

BANKERS	National Westminster Bank PLC
	21 High Street
	Harpenden
	Hertfordshire
	AL5 2RY

The SCSI Shop Limited

Statement of Financial Position

31 December 2024

	31 Dec 24		31 Oct 23
Note	£	£	£

Fixed assets

Tangible assets	5		–	6,102

Current assets

Stocks		–	19,000
Debtors	6	8,200	3,007
Cash at bank and in hand		65,802	77,541
		--------	--------
		74,002	99,548

Creditors: amounts falling due within one year	7	73,802		62,704
		--------		--------
Net current assets			200	36,844
			----	--------
Total assets less current liabilities			200	42,946

Provisions

Deferred taxation	–	587
	----	--------
Net assets	200	42,359
	----	--------

Capital and reserves

Called up share capital	200	200
Profit and loss account	–	42,159
	----	--------
Shareholders funds	200	42,359
	----	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The SCSI Shop Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 28 December 2025 , and are signed on behalf of the board by:

M A Gale

Director

Company registration number: 05586476

The SCSI Shop Limited

Notes to the Financial Statements

Period from 1 November 2023 to 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ. The principal place of business of the company is Wold House, 32 Cherry Hill, Old, Northants, NN6 9EN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and are prepared in UK sterling, which is the functional and presentational currency of the entity.

Going concern

The financial statements have been prepared on a basis other than going concern as the company ceased trading on the 31 December 2024.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, stated net of discounts and of value added tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the reporting date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on a undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the year end.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	10% straight line per annum
Office equipment	-	20% reducing balance per annum

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution pension plans

The company contributes to the personal pension scheme of the director. The pension cost represents contributions payable in the year.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2 (2023: 2 ).

5. Tangible assets

	Plant and machinery	Office equipment	Total
	£	£	£
Cost
At 1 November 2023	7,977	4,347	12,324
Disposals	( 7,977)	( 4,347)	( 12,324)
	-------	-------	--------
At 31 December 2024	–	–	–
	-------	-------	--------
Depreciation
At 1 November 2023	3,990	2,232	6,222
Disposals	( 3,990)	( 2,232)	( 6,222)
	-------	-------	--------
At 31 December 2024	–	–	–
	-------	-------	--------
Carrying amount
At 31 December 2024	–	–	–
	-------	-------	--------
At 31 October 2023	3,987	2,115	6,102
	-------	-------	--------

6. Debtors

	31 Dec 24	31 Oct 23
	£	£
Trade debtors	1,324	257
Other debtors	6,876	2,750
	-------	-------
	8,200	3,007
	-------	-------

7. Creditors: amounts falling due within one year

	31 Dec 24	31 Oct 23
	£	£
Trade creditors	24,795	12,301
Social security and other taxes	2,928	2,102
Other creditors	46,079	48,301
	--------	--------
	73,802	62,704
	--------	--------

8. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	31 Dec 24	31 Oct 23
	£	£
Included in provisions	–	587
	----	----

The deferred tax account consists of the tax effect of timing differences in respect of:

	31 Dec 24	31 Oct 23
	£	£
Accelerated capital allowances	–	587
	----	----