Scaan (FIH) Limited - Accounts to registrar (filleted) - small 18.2

Scaan (FIH) Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 03267626 (England and Wales)



















Financial Statements

for the Year Ended 31 October 2021

for

Scaan (FIH) Limited

Scaan (FIH) Limited (Registered number: 03267626)






Contents of the Financial Statements
for the Year Ended 31 October 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Scaan (FIH) Limited

Company Information
for the Year Ended 31 October 2021







DIRECTOR: M A Fox





REGISTERED OFFICE: The Mills
Canal Street
Derby
DE1 2RJ





REGISTERED NUMBER: 03267626 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Scaan (FIH) Limited (Registered number: 03267626)

Balance Sheet
31 October 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,503 1,908

CURRENT ASSETS
Stocks 600 600
Debtors 5 132,406 129,483
Investments 6 344,972 343,447
Cash at bank 235,771 186,488
713,749 660,018
CREDITORS
Amounts falling due within one year 7 249,023 205,165
NET CURRENT ASSETS 464,726 454,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

466,229

456,761

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 466,126 456,658
SHAREHOLDERS' FUNDS 466,229 456,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 May 2022 and were signed by:





M A Fox - Director


Scaan (FIH) Limited (Registered number: 03267626)

Notes to the Financial Statements
for the Year Ended 31 October 2021

1. STATUTORY INFORMATION

Scaan (FIH) 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.

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 represents net invoiced sales of services, excluding value added tax and is accounted for in the period in which the service was provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

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.

Current asset investments
Investments are stated at cost which is equivalent to fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2020 - 19 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2020
and 31 October 2021 19,269 4,499 1,759 25,527
DEPRECIATION
At 1 November 2020 18,605 3,255 1,759 23,619
Charge for year 218 187 - 405
At 31 October 2021 18,823 3,442 1,759 24,024
NET BOOK VALUE
At 31 October 2021 446 1,057 - 1,503
At 31 October 2020 664 1,244 - 1,908

Scaan (FIH) Limited (Registered number: 03267626)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 131,615 128,692
Prepayments 791 791
132,406 129,483

6. CURRENT ASSET INVESTMENTS
2021 2020
£    £   
Unlisted investments 344,972 343,447

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 15,901 29,918
Tax 19,674 39,747
Social security and other taxes 25,088 26,107
Director's current account 179,468 102,592
Accrued expenses 8,892 6,801
249,023 205,165