THE SCOOP SHOP LIMITED


Director	VAN PRAAG, Jack


Registered Address	Manor Farm Manor Farm Road
	Girton
	Cambridge
	CB3 0RX


Registered Number	10881038 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets			54,847		64,372
			54,847		64,372
Current assets
Stocks	3	22,400		21,541
Debtors		344,188		372,215
Cash at bank and on hand		2,386,258		1,720,135
		2,752,846		2,113,891
Creditors amounts falling due within one year	4	(504,564)		(436,406)
Net current assets (liabilities)			2,248,282		1,677,485
Total assets less current liabilities			2,303,129		1,741,857
Net assets			2,303,129		1,741,857
Capital and reserves
Called up share capital			1		1
Profit and loss account			2,303,128		1,741,856
Shareholders' funds			2,303,129		1,741,857

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 31 December 2025, and are signed on its behalf by:

VAN PRAAG, Jack
Director
Registered Company No. 10881038

THE SCOOP SHOP LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

	Trade and other creditors
	Contained within creditors is an intercompany loan balance with Jack's Gelato of £13759.00 There is also an external loan which the company has made to a non connected third party. Interest is accounted for in the accounts at the prevailing Bank Of England interest rate.

	Related parties
	Mr Jack Van Praag is the director and sole shareholder of The Scoop Shop Ltd , Jack's Gelato Ltd and The Scoop Counter Ltd. The Balance Sheet for the year ended 31st December 2024 contains transactions with those companies. Mr Van Praag also had a current account with the company in the sum of £126,567 (2023 £150,019). These loans from the director to the company are interest free and repayable on demand.

Related parties

Mr Jack Van Praag is the director and sole shareholder of The Scoop Shop Ltd , Jack's Gelato Ltd and The Scoop Counter Ltd. The Balance Sheet for the year ended 31st December 2024 contains transactions with those companies. Mr Van Praag also had a current account with the company in the sum of £126,567 (2023 £150,019). These loans from the director to the company are interest free and repayable on demand.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	14		10

3.	Stocks

	2024	2023
	£	£
Other stocks	22,400	21,541
Total	22,400	21,541

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	145,595	169,156
Bank borrowings and overdrafts	360	286
Taxation and social security	300,414	229,662
Other creditors	58,195	37,302
Total	504,564	436,406


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.