Company Registration No. 04711960 (England and Wales)
Scrivener Tibbatts Ltd.
Unaudited accounts
for the year ended 31 March 2025
Scrivener Tibbatts Ltd.
Unaudited accounts
Contents
Scrivener Tibbatts Ltd.
Company Information
for the year ended 31 March 2025
Directors
Clive Scrivener
Zahid Azeem
Company Number
04711960 (England and Wales)
Registered Office
2F
2 St. Mark's Place
London
London
SW19 7ND
England
Scrivener Tibbatts Ltd.
Statement of financial position
as at 31 March 2025
Tangible assets
1,417
3,243
Cash at bank and in hand
27,996
55,704
Creditors: amounts falling due within one year
(86,044)
(103,717)
Net current assets
188,033
217,764
Total assets less current liabilities
189,450
226,007
Creditors: amounts falling due after more than one year
(35,030)
(40,259)
Net assets
154,420
185,748
Called up share capital
60
60
Capital redemption reserve
70
70
Profit and loss account
144,320
175,648
Shareholders' funds
154,420
185,748
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by
Clive Scrivener
Director
Company Registration No. 04711960
Scrivener Tibbatts Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Scrivener Tibbatts Ltd. is a private company, limited by shares, registered in England and Wales, registration number 04711960. The registered office is 2F, 2 St. Mark's Place, London, London, SW19 7ND, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis.
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates taxable
income.
Scrivener Tibbatts Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Tangible fixed assets and depreciation
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and
installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction
over their estimated useful lives, as follows:
Asset class Depreciation method and rate
Plant and Equipment 33.3% Reducing balance method
Fixtures and Fittings 10% Straight line method.
Cash and Cash Equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments
that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course
of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors
is established when there is objective evidence that the company will not be able to collect all amounts due
according to the original terms of the receivables
Related Party Transactions
At the end of the financial period, included in Debtors -Note 6, the company has Amounts due from group undertakings of £125,268 (P.Y. £82,268) from 786 LDN Limited. This loan is repayable within 20 years of issue and no interest is charged. Directors Clive Scrivener and Zah Azeem are one third shareholders each in 786 LDN Ltd.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the company does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using
the effective interest method.
Scrivener Tibbatts Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and
similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of
the liability for at least twelve months after the reporting date
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the
reporting period in which the dividends are declared.
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
12,456
32,643
45,099
At 31 March 2025
12,456
32,802
45,258
At 1 April 2024
11,533
30,323
41,856
Charge for the year
923
1,062
1,985
At 31 March 2025
12,456
31,385
43,841
At 31 March 2025
-
1,417
1,417
At 31 March 2024
923
2,320
3,243
Scrivener Tibbatts Ltd.
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Other investments
Valuation at 1 April 2024
5,000
Fair value adjustments
(5,000)
Valuation at 31 March 2025
-
Amounts falling due within one year
Trade debtors
80,587
100,283
Amounts due from group undertakings etc.
125,268
125,268
Accrued income and prepayments
6,076
6,076
Other debtors
34,150
34,150
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
26,659
Trade creditors
55,264
20,424
Taxes and social security
3,991
8,700
Loans from directors
2,656
32,657
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
2,533
7,760
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).