RACHELGOLDIEMUA LTD


Director	GOLDIE, Rachel Louise


Registered Address	25 Mccoll Avenue
	Alexandria
	G83 0JB


Registered Number	SC641174 (Scotland)

Statement of Financial Position
30 September 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		5,314		5,626
			5,314		5,626
Current assets
Cash at bank and on hand		3,102		426
		3,102		426
Creditors amounts falling due within one year		(5,815)		(648)
Net current assets (liabilities)			(2,713)		(222)
Total assets less current liabilities			2,601		5,404
Net assets			2,601		5,404
Capital and reserves
Called up share capital			1		1
Profit and loss account			2,600		5,403
Shareholders' funds			2,601		5,404

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 4 October 2023, and are signed on its behalf by:

GOLDIE, Rachel Louise
Director
Registered Company No. SC641174

RACHELGOLDIEMUA LTD

Notes to the Financial Statements
for the year ended 30 September 2023

1.	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	33

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

4.	Employee information


		2023		2022
	Average number of employees during the year	1		1

5.	Property, plant and equipment

		Total
		£
	Cost or valuation
	At 01 October 22	6,334
	Additions	1,743
	At 30 September 23	8,077
	Depreciation and impairment
	At 01 October 22	708
	Charge for year	2,055
	At 30 September 23	2,763
	Net book value
	At 30 September 23	5,314
	At 30 September 22	5,626