Company Registration No. 09240428 (England and Wales)
SCREENSCRATCH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017
PAGES FOR FILING WITH REGISTRAR
SCREENSCRATCH LIMITED
COMPANY INFORMATION
Director
Mr K Fitzgerald
(Appointed 22 February 2018)
Company number
09240428
Registered office
4th Floor, Sovereign House
1-2 South Parade
Leeds
West Yorkshire
LS1 5QL
Accountants
Henton & Co LLP
118 North Street
Leeds
West Yorkshire
LS2 7PN
SCREENSCRATCH LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SCREENSCRATCH LIMITED
BALANCE SHEET
AS AT
31 JULY 2017
31 July 2017
- 1 -
2017
2016
Notes
£
£
£
£
Current assets
Debtors
3
19,328
-
Cash at bank and in hand
431
1
19,759
1
Creditors: amounts falling due within one year
4
(82,986)
-
Net current (liabilities)/assets
(63,227)
1
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
(63,228)
-
Total equity
(63,227)
1
The director of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
T
he director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
T
he member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of directors and authorised for issue on 27 April 2018 and are signed on its behalf by:
Mr K Fitzgerald
Director
Company Registration No. 09240428
SCREENSCRATCH LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017
- 2 -
1
Accounting policies
Company information
Screenscratch Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
4th Floor, Sovereign House, 1-2 South Parade, Leeds, West Yorkshire, LS1 5QL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
These financial statements for the year ended 31 July 2017
are the
first
financial statements of Screenscratch Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 August 2015. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
1.2
Going concern
A
t the time of approving the financial statements
,
t
he director has a reasonable expectation that the
company
has adequate resources to continue in operational existence for the foreseeable future. Thus
t
he director continues to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business
, and
is shown net of
VAT.
1.4
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense
.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 32 (2016 - -).
SCREENSCRATCH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2017
- 3 -
3
Debtors
2017
2016
Amounts falling due within one year:
£
£
Trade debtors
19,328
-
4
Creditors: amounts falling due within one year
2017
2016
£
£
Trade creditors
2,340
-
Other taxation and social security
80,646
-
82,986
-
5
Called up share capital
2017
2016
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary of £1 each
1
1
1
1