Scoop Retail Technologies Limited
|
Registered Number
:
09436483
|
For the period 01 February 2017 to 31 December 2017
England and Wales
Unaudited Financial Statements
Scoop Retail Technologies Limited
Statement of Financial Position
31/1/2017
31/12/2017
Property
,
plant and equipment
|
2,258
(1,722)
2
2,258
(1,722)
Trade and other receivables
|
19,433
22,572
3
2,297
Cash and cash equivalents
|
12,641
35,213
21,730
Trade and other payables
:
amounts falling due within one
|
year
|
(92,007)
(134,026)
4
(70,277)
(98,813)
Net current liabilities
Total assets less current liabilities
|
(96,555)
(71,999)
(96,555)
Net liabilities
(71,999)
12
12
233,310
233,310
(499,912)
(305,321)
170,035
-
(96,555)
(71,999)
Shareholders' funds
For the period 01 February 2017 to 31 December 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the period 01 February 2017 to 31 December 2017 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 05 June 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the period 01 February 2017 to 31 December 2017
Scoop Retail Technologies Limited
Notes to the Financial Statements
Statutory Information
Scoop Retail Technologies Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
09436483
.
|
21 Culverlands Close
Stanmore
Middlesex
HA7 3AG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
2
.
Property
,
plant and equipment
|
1,171
2,208
3,379
Provision for depreciation and impairment
|
2,893
Charge for period
(1,772)
1,121
2,258
(1,722)
3
.
Trade and other receivables
|
31/1/2017
31/12/2017
21,022
19,433
1,550
-
19,433
22,572
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For the period 01 February 2017 to 31 December 2017
Scoop Retail Technologies Limited
Notes to the Financial Statements Continued
4
.
Trade and other payables
:
amounts falling due within one year
|
31/1/2017
31/12/2017
3,480
-
Taxation and social security
|
23,610
40,519
106,936
51,488
134,026
92,007
Investment Round Non
-
Distributable Reserve
|
During the period the company received investment funds totalling £
170
,
035
.
during the
2017
investment round in
|
respect of share capital to be issued
.
However the investment round was not closed until
2018
and the shares to
|
which the investment funds related were similarly not issued until
2018
.
Therefore in these accounts the investment
|
funds received during the period have been credited to a non
-
distributable reserve awaiting conversion to Share
|
Capital and Share Premium in the following year
'
s accounts
.
|
6
.
Guarantees and other financial commitments
|
Other financial commitments
|
Assumption of Loan Liability
|
During the year the company decided to assume liability to repay the capital outstanding as at
1
st February
2017
on
|
a loan from Rebuilding Society in the sum of £
74
,
862
that was originally taken out by Mason Digital Limited
|
(
company number
8849119
)
a company wholly owned by Richard Mason
,
a director
.
Mason Digital Limited went into
|
liquidation on
27
th July
2015
and it has been agreed that Scoop Retail Technologies Limited will assume full liability
|
for the loan with effect from
1
st February
2017
.
This follows from the last accounting period
(
see note
2
)
where the
|
company agreed to fund ongoing loan repayments
.
|
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