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Company Registration No. 14046461 (England and Wales)
Scholar Co Limited Unaudited accounts for the year ended 30 April 2025
Scholar Co Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Scholar Co Limited Company Information for the year ended 30 April 2025
Director
Sabarinath Kunnambath
Company Number
14046461 (England and Wales)
Registered Office
16 JACKSON STREET WORSLEY MANCHESTER M28 3RH ENGLAND
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
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Scholar Co Limited Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
15,005
-
Tangible assets
5
2,204
1,812
17,209
1,812
Current assets
Debtors
6
74,630
2
Cash at bank and in hand
11,589
19,700
86,219
19,702
Creditors: amounts falling due within one year
7
(47,682)
(14,854)
Net current assets
38,537
4,848
Net assets
55,746
6,660
Capital and reserves
Called up share capital
2
2
Profit and loss account
55,744
6,658
Shareholders' funds
55,746
6,660
For the year ending 30 April 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 January 2026 and were signed on its behalf by
Sabarinath Kunnambath Director Company Registration No. 14046461
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Scholar Co Limited Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Scholar Co Limited is a private company, limited by shares, registered in England and Wales, registration number 14046461. The registered office is 16 JACKSON STREET, WORSLEY, MANCHESTER, M28 3RH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Reducing balance method.
Computer equipment
33% Reducing balance method.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 May 2024
-
Additions
22,396
At 30 April 2025
22,396
Amortisation
At 1 May 2024
-
Charge for the year
7,391
At 30 April 2025
7,391
Net book value
At 30 April 2025
15,005
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Scholar Co Limited Notes to the Accounts for the year ended 30 April 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 May 2024
140
3,081
3,221
Additions
-
1,446
1,446
At 30 April 2025
140
4,527
4,667
Depreciation
At 1 May 2024
39
1,370
1,409
Charge for the year
13
1,041
1,054
At 30 April 2025
52
2,411
2,463
Net book value
At 30 April 2025
88
2,116
2,204
At 30 April 2024
101
1,711
1,812
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
74,628
-
Amounts falling due after more than one year
Other debtors
2
2
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
7,902
3,482
Proposed dividends
-
10,000
Loans from directors
-
602
Accruals
780
770
Deferred income
39,000
-
47,682
14,854
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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