Company No: 10571629 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2026		2025
		£		£
				Restated - note 2
Fixed assets
Intangible assets	4	347		397
Tangible assets	5	6,610		7,128
Investments	6	595		100
		7,552		7,625
Current assets
Debtors	7	123,390		109,643
Cash at bank and in hand		70,171		68,187
		193,561		177,830
Creditors: amounts falling due within one year	8	( 36,323)		( 27,778)
Net current assets		157,238		150,052
Total assets less current liabilities		164,790		157,677
Net assets		164,790		157,677
Capital and reserves
Called-up share capital		100		100
Profit and loss account		164,690		157,577
Total shareholder's funds		164,790		157,677

For the financial year ending 31 January 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 member has not required the Company to obtain an audit of its financial statements for the financial year 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Scryer Limited (registered number: 10571629) were approved and authorised for issue by the Director. They were signed on its behalf by:

James Peter Holland Director

15 May 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Scryer Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Larking Gowen 1st Floor Prospect House, Rouen Road, Norwich, NR1 1RE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Finance costs

Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

15 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment	4 years straight line
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Statement of Financial Position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Prior year adjustment

During the preparation of the current financial year, it was identified that the deferred tax position recognised in the prior year financial statements was calculated incorrectly. The error related to the measurement of deferred tax arising on timing differences and did not reflect the appropriate tax base in accordance with applicable accounting standards.

The error has been corrected by way of a prior year adjustment. As a result, the comparative figures have been restated to reflect the corrected deferred tax position as if the error had not occurred.

The effect of the adjustment on the comparative balance sheet as at 31/01/2025 is as follows:

		As previously reported		Adjustment		As restated
Year ended 31 January 2025		£		£		£
Deferred Tax		73,897		(42,344)		31,553
Profit and Loss account		199,921		(42,344)		157,577

3. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	6		5

4. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 February 2025	740		740
At 31 January 2026	740		740
Accumulated amortisation
At 01 February 2025	343		343
Charge for the financial year	50		50
At 31 January 2026	393		393
Net book value
At 31 January 2026	347		347
At 31 January 2025	397		397

5. Tangible assets

	Office equipment		Computer equipment		Total
	£		£		£
Cost
At 01 February 2025	941		24,160		25,101
Additions	0		3,439		3,439
At 31 January 2026	941		27,599		28,540
Accumulated depreciation
At 01 February 2025	529		17,444		17,973
Charge for the financial year	235		3,722		3,957
At 31 January 2026	764		21,166		21,930
Net book value
At 31 January 2026	177		6,433		6,610
At 31 January 2025	412		6,716		7,128

6. Fixed asset investments

Investments in subsidiaries

	2026
	£
Cost
At 01 February 2025	100
Additions	495
At 31 January 2026	595
Carrying value at 31 January 2026	595
Carrying value at 31 January 2025	100

7. Debtors

	2026		2025
	£		£
Trade debtors	116,840		78,000
Amounts owed by director	95		0
Deferred tax asset	6,455		31,643
	123,390		109,643

8. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	666		360
Amounts owed to own subsidiaries	100		100
Other taxation and social security	32,827		25,863
Other creditors	2,730		1,455
	36,323		27,778

9. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	31,643		55,570
Charged to the Income Statement	( 25,188)		( 23,927)
At the end of financial year	6,455		31,643

The deferred taxation balance is made up as follows:

	2026		2025
	£		£
Accelerated capital allowances	( 1,256)		( 1,141)
Tax losses carry forward	7,796		32,998
Other timing differences	( 85)		( 214)
	6,455		31,643