SCOTT_&_YOUNG_ASSOCIATES_ - Accounts


Company registration number 02443925 (England and Wales)
SCOTT & YOUNG ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
SCOTT & YOUNG ASSOCIATES LIMITED
COMPANY INFORMATION
Director
J.R. Fladee
Secretary
M.L. Fladee
Company number
02443925
Registered office
40 THORNCLIFFE ROAD
OXFORD
OX2 7BB
Accountants
Kingston Burrowes Accountants
308 Ewell Road
Surbiton
Surrey
KT6 7AL
SCOTT & YOUNG ASSOCIATES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
SCOTT & YOUNG ASSOCIATES LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF SCOTT & YOUNG ASSOCIATES LIMITED
- 1 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that comply with the requirements of the Acts.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

 

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Kingston Burrowes Accountants
5 December 2023
Accountants
308 Ewell Road
Surbiton
Surrey
KT6 7AL
SCOTT & YOUNG ASSOCIATES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 2 -
2023
2022
£
£
£
£
Fixed assets
3,363
3,956
Current assets
381
282
Creditors: amounts falling due within one year
(167,634)
(156,436)
Net current liabilities
(167,253)
(156,154)
Total assets less current liabilities
(163,890)
(152,198)
Net liabilities
(163,890)
(152,198)
Capital and reserves
(163,890)
(152,198)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies

There are no financial commitments, guarantees and contingencies at 31 March 2023.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
1
1
3
Related party transactions

There were no related party transactions in the period ended 31 March 2023

SCOTT & YOUNG ASSOCIATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 3 -

Scott & Young Associates Limited is a private company limited by shares incorporated in England and Wales. The registered office is 40 THORNCLIFFE ROAD, OXFORD, OX2 7BB.

For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 5 December 2023
J.R. Fladee
Director
Company registration number 02443925 (England and Wales)
SCOTT & YOUNG ASSOCIATES LIMITED
SCHEDULE OF TANGIBLE FIXED ASSETS
FOR THE YEAR ENDED 31 MARCH 2023
- 4 -
Fixtures and fittings
£
Cost
At 1 April 2022 and 31 March 2023
13,740
Depreciation and impairment
At 1 April 2022
9,784
Depreciation charged in the year
593
At 31 March 2023
10,377
Carrying amount
At 31 March 2023
3,363
At 31 March 2022
3,956
Fixtures and fittings 15% on reducing balance.
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