Scandex Parent Limited
Scandex Parent Limited
Registered number: 05881691
Unaudited Financial Statements
For the Period
1 March 2020
to
31 August 2021
Scandex Parent Limited
Unaudited Financial Statements
For the Period
1 March 2020
to
31 August 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Scandex Parent Limited
Balance Sheet
As at
31 August 2021
Balance Sheet
Registered number:
05881691
For the period ending 31 August 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 31 August 2021 | 29 February 2020 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 26,490 | 25,702 | |||
Page 1
Scandex Parent Limited
Balance Sheet (continued)
As at
31 August 2021
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Scandex Parent Limited
Notes to the Financial Statements
For the Period
1 March 2020
to
31 August 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
As explained in the directors’ report, the director do not consider Scandex Parent Ltd to be a going concern
and therefore have prepared the financial statements on the break up basis.
1.2.
Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.
1.3.
Not trading
The company was dormant throughout period ended 31 August 2021 and not trading.
1.4.
Investments
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
2.
Average Number of Employees
| 31 August 2021 | 29 February 2020 | ||
|---|---|---|---|
| Average number of employees, including directors, during the period |
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Page 3
Scandex Parent Limited
Notes to the Financial Statements (continued)
For the Period
1 March 2020
to
31 August 2021
3.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at
|
26,490 |
| As at
|
26,490 |
| Provision | |
| As at
|
- |
| As at
|
- |
| Net Book Value | |
| As at
|
26,490 |
| As at
|
26,490 |
4.
Debtors
| 31 August 2021 | 29 February 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
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5.
Creditors: Amounts Falling Due Within One Year
| 31 August 2021 | 29 February 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Amounts owed to related party |
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6.
General Information
Scandex Parent Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
05881691
. The registered office is 71-75 Shelton Street, London, England, WC2H 9JQ.
Page 4