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Company Registration No. SC608411 (Scotland)
RAKING LIGHT LTD Unaudited accounts for the year ended 31 October 2023
RAKING LIGHT LTD Unaudited accounts Contents
Page
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RAKING LIGHT LTD Company Information for the year ended 31 October 2023
Directors
HAZEL ANNE NEILL JONATHAN NEILL
Company Number
SC608411 (Scotland)
Registered Office
21 CECIL STREET FLAT 2/2 GLASGOW G12 8RL UNITED KINGDOM
Accountants
Brand Jamieson & Co Ltd 2 Victoria Place Rutherglen Glasgow G73 2JP
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RAKING LIGHT LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,858 
22,855 
Current assets
Debtors
1,440 
9,235 
Cash at bank and in hand
12,445 
57,827 
13,885 
67,062 
Creditors: amounts falling due within one year
(17,889)
(44,036)
Net current (liabilities)/assets
(4,004)
23,026 
Net assets
23,854 
45,881 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
23,849 
45,876 
Shareholders' funds
23,854 
45,881 
For the year ending 31 October 2023 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by
JONATHAN NEILL Director Company Registration No. SC608411
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RAKING LIGHT LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
RAKING LIGHT LTD is a private company, limited by shares, registered in Scotland, registration number SC608411. The registered office is 21 CECIL STREET, FLAT 2/2, GLASGOW, G12 8RL, UNITED KINGDOM.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Computer equipment
15% reducing balance.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
33,908 
Additions
9,918 
At 31 October 2023
43,826 
Depreciation
At 1 November 2022
11,053 
Charge for the year
4,915 
At 31 October 2023
15,968 
Net book value
At 31 October 2023
27,858 
At 31 October 2022
22,855 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,440 
8,072 
Other debtors
- 
1,163 
1,440 
9,235 
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RAKING LIGHT LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,667 
4,738 
Taxes and social security
12,050 
13,779 
Loans from directors
1,862 
24,418 
Accruals
1,310 
1,101 
17,889 
44,036 
7
Transactions with related parties
During the year , dividends of £70,000 ( 2022 £40,000 ) were paid to the directors.
8
Controlling party
The controlling party is Jonathan Neill.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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