SCAN LEGAL LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09950139 (England and Wales)

SCAN LEGAL LTD

Unaudited Financial Statements

for the Period 1 September 2020 to 30 August 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A C Bennell

R A Pharo

REGISTERED OFFICE:

2 College Court

College Road

Gildersome

Morley

West Yorkshire

LS27 7WF

REGISTERED NUMBER:

09950139 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Tangible assets

4

2

2

CURRENT ASSETS

Debtors

5

234,653

205,836

Cash at bank

76

324

234,729

206,160

CREDITORS

Amounts falling due within one year

6

4,989

5,643

NET CURRENT ASSETS

229,740

200,517

TOTAL ASSETS LESS CURRENT LIABILITIES

229,742

200,519

CREDITORS

Amounts falling due after more than one year

7

319,995

284,361

NET LIABILITIES

(90,253

)

(83,842

)

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

(90,373

)

(83,962

)

SHAREHOLDERS' FUNDS

(90,253

)

(83,842

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2022 and were signed on its behalf by:

R A Pharo - Director

A C Bennell - Director

1.	STATUTORY INFORMATION

SCAN LEGAL LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer software

-

33% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2020 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Computer

software

equipment

Totals

£

£

£

COST

At 1 September 2020

and 30 August 2021

75,344

27,042

102,386

DEPRECIATION

At 1 September 2020

and 30 August 2021

75,343

27,041

102,384

NET BOOK VALUE

At 30 August 2021

1

1

2

At 31 August 2020

1

1

2

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.21

31.8.20

£

£

Trade debtors

202,762

174,042

Other debtors

31,891

31,794

234,653

205,836

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.21

31.8.20

£

£

Trade creditors

3,932

4,517

Taxation

439

495

Other creditors

618

631

4,989

5,643

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.8.21

31.8.20

£

£

Bank loans

14,250

15,000

Amounts owed to associates

305,745

269,361

319,995

284,361

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

14,250

15,000