SENSUM SCENTS LIMITED


Directors	CAMPBELL, Ryan Kentfield
	LECK, Callum


Registered Address	6 Miller Road
	Ayr
	KA7 2AY


Registered Number	SC604310 (Scotland)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Current assets
Stocks		150,245		-
Debtors	3	130,836		103,732
Cash at bank and on hand		18,786		39,873
		299,867		143,605
Creditors amounts falling due within one year	4	(203,095)		(63,523)
Net current assets (liabilities)			96,772		80,082
Total assets less current liabilities			96,772		80,082
Creditors amounts falling due after one year	5		(2,580)		(9,183)
Net assets			94,192		70,899
Capital and reserves
Called up share capital			100		100
Profit and loss account			94,092		70,799
Shareholders' funds			94,192		70,899

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 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 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 19 December 2025, and are signed on its behalf by:

CAMPBELL, Ryan Kentfield
Director
Registered Company No. SC604310

SENSUM SCENTS 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 Scotland. 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.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	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.

	Interest income
	Interest income is recognised using the effective interest rate method.

	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.

	Current taxation
	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.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Financial instruments
	Classification The Company believes all financial instruments are Basic Financial Instruments. Therefore, the Company recognises these in accordance with Section 11 of the Financial Reporting Standard. Recognition and measurement The company's debt instruments are measured at amortised cost using the effective interest rate method. Impairment Financial instruments are reviewed annually for impairment.

Financial instruments

Classification
The Company believes all financial instruments are Basic Financial Instruments. Therefore, the Company recognises these in accordance with Section 11 of the Financial Reporting Standard.

Recognition and measurement
The company's debt instruments are measured at amortised cost using the effective interest rate method.

Impairment
Financial instruments are reviewed annually for impairment.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	130,836	-
Other debtors	-	103,732
Total	130,836	103,732

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	97,453	6,291
Bank borrowings and overdrafts	6,602	6,286
Taxation and social security	97,190	47,746
Accrued liabilities and deferred income	1,850	3,200
Total	203,095	63,523


	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.

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	2,580	9,183
Total	2,580	9,183

6.	Related party transactions
	At the period end date there amounts owed from Urban Kandi Limited of £150,245 (2023: £73,732), a company under common ownership. The loans were interest free with no fixed repayment terms.