Scallywags Soft Play Ltd

	Page
Accountant's Report	1
Statement of Financial Position	2—3
Statement of Changes in Equity	4
Notes to the Financial Statements	5—7

Report to the directors on the preparation of the unaudited statutory accounts of Scallywags Soft Play Ltd for the year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Scallywags Soft Play Ltd for the year ended 31 August 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.

This report is made solely to the directors of Scallywags Soft Play Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Scallywags Soft Play Ltd and state those matters that we have agreed to state to the directors of Scallywags Soft Play Ltd , as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Scallywags Soft Play Ltd and its directors, as a body, for our work or for this report.

It is your duty to ensure that Scallywags Soft Play Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Scallywags Soft Play Ltd . You consider that Scallywags Soft Play Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Scallywags Soft Play Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Precision Accountants and Business Advisors Ltd

12/05/2026

Precision Accountants and Business Advisors Ltd

IFA

1, Marischal Square

Broad Street

Aberdeen

AB10 1BL

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Scallywags Soft Play Ltd

Statement of Financial Position

As At 31 August 2025

Statement of Financial Position

Registered number: SC780407

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,662		11,941

			9,662		11,941
CURRENT ASSETS
Debtors	5	17,981		7,383
Cash at bank and in hand		4,932		466

		22,913		7,849
Creditors: Amounts Falling Due Within One Year	6	(119,489 )		(86,123 )

NET CURRENT ASSETS (LIABILITIES)			(96,576 )		(78,274 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(86,914 )		(66,333 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(1,836 )		(2,269 )

NET LIABILITIES			(88,750 )		(68,602 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Income Statement			(88,752 )		(68,604 )

SHAREHOLDERS' FUNDS			(88,750)		(68,602)

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Scallywags Soft Play Ltd

Statement of Financial Position (continued)

As At 31 August 2025

For the year ending 31 August 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 Income Statement.

On behalf of the board

Ms Moira Helen Cooper

Director

12/05/2026

The notes on pages 5 to 7 form part of these financial statements.

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Scallywags Soft Play Ltd

Statement of Changes in Equity

For The Year Ended 31 August 2025

Statement of Changes in Equity

	Share Capital	Income Statement	Total
	£	£	£
As at 25 August 2023	2	-	2
Loss for the period and total comprehensive income	-	(68,604 )	(68,604)

As at 31 August 2024 and 1 September 2024	2	(68,604 )	(68,602)


Loss for the year and total comprehensive income	-	(20,148 )	(20,148)

As at 31 August 2025	2	(88,752 )	(88,750)

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Scallywags Soft Play Ltd

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Scallywags Soft Play Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC780407 . The registered office is 20 Slug Road, Stonehaven, AB39 2DF.

2. Accounting Policies

2.1. 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.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. 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.

2.4. 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:

Plant & Machinery	25% Reducing balance method
Computer Equipment	33.33% Straight line method
Fixtures & Fittings	20% Reducing balance method
Office Equipment	20% Reducing balance method

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangementconstitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

...CONTINUED

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Scallywags Soft Play Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. Financial Instruments - continued

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 14)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Fixtures & Fittings	Office Equipment	Total
	£	£	£	£	£
Cost
As at 1 September 2024	3,363	-	9,855	1,919	15,137
Additions	378	250	-	-	628
Disposals	(287 )	-	-	-	(287 )

As at 31 August 2025	3,454	250	9,855	1,919	15,478

...CONTINUED

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Scallywags Soft Play Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

Depreciation
As at 1 September 2024	841	-	1,971	384	3,196
Provided during the period	653	83	1,577	307	2,620

As at 31 August 2025	1,494	83	3,548	691	5,816

Net Book Value
As at 31 August 2025	1,960	167	6,307	1,228	9,662

As at 1 September 2024	2,522	-	7,884	1,535	11,941

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	17,981	7,383

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	15,064	9,581
Bank loans and overdrafts	4,450	-
Other loans	1,977	-
Amounts owed to group undertakings	17,585	25,902
Other creditors	52,196	39,636
Taxation and social security	28,217	11,004

	119,489	86,123

7. Deferred Taxation

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

	2025	2024
	£	£
Other timing differences	1,836	2,269

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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