Schoony Limited - Accounts

Schoony Limited
Director's Report
For the year ended 31 March 2026

Director's report and financial statements

The director presents his annual report and the financial statements for the year ended 31 March 2026.

Principal activities

The Principal activity of the company during the financial year was artistic creation. There have been no significant changes in the nature of the company's activities during the year.

Director

The director who served the company throughout the year was as follows:

Mr T Schoonraad

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

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Mr T Schoonraad
Director

Date approved: 12 August 2026

Schoony Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	41,400	54,925
		41,400	54,925
Current assets
Stocks	4	25,000	25,000
Debtors	5	340	4,565
Cash at bank and in hand		753	4,385
		26,093	33,950
Creditors: amount falling due within one year	6	(64,583)	(76,967)
Net current assets		(38,490)	(43,017)

Total assets less current liabilities		2,910	11,908
Creditors: amount falling due after more than one year	7	(110,000)	(100,000)
Net assets		(107,090)	(88,092)

Capital and reserves
Called up share capital	8	4	4
Profit and loss account		(107,094)	(88,096)
Shareholders' funds		(107,090)	(88,092)

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 12 August 2026 and were signed by:

-------------------------------
Mr T Schoonraad
Director

Schoony Limited
Statement of Changes in Equity
For the year ended 31 March 2026

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 April 2024	4	(33,290)	(33,286)
Profit/(Loss) for the year		(54,806)	(54,806)
Total comprehensive income for the year	-	(54,806)	(54,806)
Total investments by and distributions to owners	-	-	-
At 31 March 2025	4	(88,096)	(88,092)
At 01 April 2025	4	(88,096)	(88,092)
Profit/(Loss) for the year		(18,998)	(18,998)
Total comprehensive income for the year	-	(18,998)	(18,998)
Total investments by and distributions to owners	-	-	-
At 31 March 2026	4	(107,094)	(107,090)

Schoony Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

Schoony Limited is a private company, limited by shares, registered in England and Wales, registration number 12500184, registration address Tythe Barn, High Canons, Borehamwood, WD6 5PL.

The presentation currency is £ sterling.

Accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The accounts have been prepared on a going concern basis, due to the continued support of the director who has committed to ensure the company can cover liabilities as they fall due.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	5 year Straight Line
Plant and Machinery	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Office equipment	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Office equipment	Total
	£	£	£	£	£
At 01 April 2025	16,832	55,174	15,925	7,063	94,994
Additions	-	277	-	-	277
Disposals	-	-	-	-	-
At 31 March 2026	16,832	55,451	15,925	7,063	95,271
Depreciation
At 01 April 2025	3,366	27,310	6,831	2,562	40,069
Charge for year	3,367	7,036	2,274	1,125	13,802
On disposals	-	-	-	-	-
At 31 March 2026	6,733	34,346	9,105	3,687	53,871
Net book values
Closing balance as at 31 March 2026	10,099	21,105	6,820	3,376	41,400
Opening balance as at 01 April 2025	13,466	27,864	9,094	4,501	54,925

Stocks

	2026 £		2025 £
Work in Progress	25,000		25,000
	25,000		25,000

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	0	(2,000)
Other Debtors	340	6,565
	340	4,565

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	(1,860)	525
Other Creditors	66,443	76,442
	64,583	76,967

Creditors: amount falling due after more than one year

	2026 £		2025 £
Other Creditors	110,000		100,000
	110,000		100,000

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
4 Ordinary shares of £1.00 each	4		4
	4		4

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2026 £		2025 £		2026 £		2025 £
Loan from Director	0		0		173,585		174,239

At the year-end, the director was owed £173,585 by the company. The loan is unsecured and interest free. £110,000 of the loan is classified as long-term creditors to reflect the director’s intention to support the company’s long-term financial stability. The remaining balance of £63,585 is classified as a current liability, repayable on demand.


Registered Number: 12500184
England and Wales
SCHOONY LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2025 End date: 31 March 2026