SCM Midlands Ltd (Previously: WG Haynes Ltd) Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12351471

SCM Midlands Ltd (Previously: WG Haynes Ltd)

Filleted Unaudited Financial Statements

31 December 2025

SCM Midlands Ltd (Previously: WG Haynes Ltd)

Financial Statements

Period from 1 November 2024 to 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

SCM Midlands Ltd (Previously: WG Haynes Ltd)

Statement of Financial Position

31 December 2025

	31 Dec 25	31 Oct 24
Note	£	£

Current assets

Debtors	5	626,389	2,957,138
Cash at bank and in hand		1	1
		---------	------------
		626,390	2,957,139

Creditors: amounts falling due within one year	6	1,923,323	2,781,711
		------------	------------
Net current (liabilities)/assets		( 1,296,933)	175,428
		------------	---------
Total assets less current liabilities		( 1,296,933)	175,428
		------------	---------
Net (liabilities)/assets		( 1,296,933)	175,428
		------------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 1,296,934)	175,427
	------------	---------
Shareholders (deficit)/funds	( 1,296,933)	175,428
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 31 December 2025 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 financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 September 2026 , and are signed on behalf of the board by:

Mr D E Harvey-Evers
Director

Company registration number: 12351471

SCM Midlands Ltd (Previously: WG Haynes Ltd)

Notes to the Financial Statements

Period from 1 November 2024 to 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Office Gothic House, Barket Gate, Nottingham, NG1 1JU, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Going concern

The accounts have been prepared on a going concern basis which relies upon the continuing support of the group and director.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year was 2 (2024: 2).

5. Debtors

	31 Dec 25	31 Oct 24
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	626,389	2,774,388
Other debtors	–	182,750
	---------	------------
	626,389	2,957,138
	---------	------------

6. Creditors: amounts falling due within one year

	31 Dec 25	31 Oct 24
	£	£
Trade creditors	2,000	4,680
Amounts owed to group undertakings and undertakings in which the company has a participating interest	34	558,866
Social security and other taxes	299	–
Other creditors	1,920,990	2,218,165
	------------	------------
	1,923,323	2,781,711
	------------	------------

7. Controlling party

The company's ultimate parent company is TFP Housing Ltd . The registered address of the ultimate parent company is The Office Gothic House, Barket Gate, Nottingham, United Kingdom, NG1 1JU.