Scomart Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12458630 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

12TH FEBRUARY 2020 TO 28TH FEBRUARY 2021

FOR

SCOMART LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Martin

J A Schofield

REGISTERED OFFICE:

Bentley Moor Lane

Adwick-Le-Street

Doncaster

South Yorkshire

DN6 7BD

REGISTERED NUMBER:

12458630 (England and Wales)

ACCOUNTANTS:

Bewers Turner & Co LLP

Chartered Accountants

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

FIXED ASSETS

Investment property

4

1,128,653

CURRENT ASSETS

Cash at bank and in hand

72,254

CREDITORS

Amounts falling due within one year

5

1,143,018

NET CURRENT LIABILITIES

(1,070,764

)

TOTAL ASSETS LESS CURRENT LIABILITIES

57,889

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

57,789

57,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28th February 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 28th February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th August 2021 and were signed on its behalf by:

R Martin - Director

1.	STATUTORY INFORMATION

Scomart Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

1,128,653

At 28th February 2021

1,128,653

NET BOOK VALUE

At 28th February 2021

1,128,653

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

810

Taxation and social security

13,555

Other creditors

1,128,653

1,143,018