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Registered number: 03744591
Florios (Scarborough) Limited
Unaudited Financial Statements
For The Year Ended 30 April 2026
Asquith Accountants Ltd
Rowan House
7 West Bank
Scarborough
North Yorkshire
YO12 4DX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03744591
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,263 706,192
Investment Properties 5 700,000 -
705,263 706,192
CURRENT ASSETS
Debtors 6 517,520 586,646
Cash at bank and in hand 60,455 102,368
577,975 689,014
Creditors: Amounts Falling Due Within One Year 7 (84,419 ) (239,436 )
NET CURRENT ASSETS (LIABILITIES) 493,556 449,578
TOTAL ASSETS LESS CURRENT LIABILITIES 1,198,819 1,155,770
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,316 ) (1,548 )
NET ASSETS 1,197,503 1,154,222
CAPITAL AND RESERVES
Called up share capital 8 130 130
Fair value reserve 9 301,254 301,254
Profit and Loss Account 896,119 852,838
SHAREHOLDERS' FUNDS 1,197,503 1,154,222
Page 1
Page 2
For the year ending 30 April 2026 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 Profit and Loss Account.
On behalf of the board
Mrs C A Floris
Director
Mr A Floris
Director
21 October 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Florios (Scarborough) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03744591 . The registered office is Rowan House, 7 West Bank, Scarborough, North Yorkshire, YO12 4DX.
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. 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:
Fixtures & Fittings 15% RB
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2025 700,000 82,508 782,508
Transfers (700,000 ) - (700,000 )
As at 30 April 2026 - 82,508 82,508
Depreciation
As at 1 May 2025 - 76,316 76,316
Provided during the period - 929 929
As at 30 April 2026 - 77,245 77,245
Net Book Value
As at 30 April 2026 - 5,263 5,263
As at 1 May 2025 700,000 6,192 706,192
5. Investment Property
2026
£
Fair Value
As at 1 May 2025 -
Transfers 700,000
As at 30 April 2026 700,000
6. Debtors
2026 2025
£ £
Due within one year
Other debtors 517,520 586,646
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 49,957 207,246
Taxation and social security 34,462 32,190
84,419 239,436
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 130 130
Page 4
Page 5
9. Reserves
Fair Value Reserve
£
As at 1 May 2025 301,254
As at 30 April 2026 301,254
10. Related Party Transactions
Within the year, Mr Antonio Floris, a director and shareholder of Florios (Scarborough Ltd), paid a rental charge to the company of £7,800 (2025: £6,500).
Page 5