Scratchwood Developments Limited

Scratchwood Developments Limited Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Scratchwood Developments Limited for the year ended 31 May 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Scratchwood Developments Limited for the year ended 31 May 2017 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.

Henry and Banwell Ltd Chartered Accountants 26 Berkely Square Clifton Bristol BS8 1HP 20 February 2018

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Scratchwood Developments Limited Statement of financial position as at 31 May 2017

2017

2016

Notes

Fixed assets

Tangible assets

2,057

Current assets

Cash at bank and in hand

394

656

Creditors: amounts falling due within one year

(1,093)

(893)

Net current liabilities

(699)

(237)

Net (liabilities)/assets

(699)

1,820

Capital and reserves

Called up share capital

100

Profit and loss account

(799)

1,720

Shareholders' funds

(699)

1,820

For the year ending 31 May 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.

Approved by the Board on 20 February 2018.

J Brant Director Company Registration No. 2025768

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Scratchwood Developments Limited Notes to the Accounts for the year ended 31 May 2017

Statutory information

Scratchwood Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 2025768. The registered office is 5 DRUID CLOSE, STOKE BISHOP, BRISTOL, BS9 1RZ.

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.

Accounting policies

These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Plant & machinery

Now completely written off to nil

Fixtures & fittings

Now completely written off to nil

Tangible fixed assets

Fixtures & fittings

Computer equipment

Total

Cost or valuation

At cost

At 1 June 2016

861

10,060

10,921

Disposals

(4,262)

At 31 May 2017

861

5,798

6,659

Depreciation

At 1 June 2016

825

8,039

8,864

Charge for the year

2,021

2,057

On disposals

(4,262)

At 31 May 2017

861

5,798

6,659

Net book value

At 31 May 2017

At 31 May 2016

2,021

2,057

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Scratchwood Developments Limited Notes to the Accounts for the year ended 31 May 2017

Creditors: amounts falling due within one year

2017

2016

Other creditors

1,093

893

Average number of employees

During the year the average number of employees was 0 (2016: 0).

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