1 May 2022 false No description of principal activity Taxfiler 2023.11.1 SC448935business:PrivateLimitedCompanyLtd2022-05-012023-04-30 SC4489352022-04-30 SC4489352022-05-012023-04-30 SC448935business:AuditExemptWithAccountantsReport2022-05-012023-04-30 SC448935business:AbridgedAccounts2022-05-012023-04-30 SC4489352023-04-30 SC448935business:Director12022-05-012023-04-30 SC448935business:Director22022-05-012023-04-30 SC448935business:RegisteredOffice2022-05-012023-04-30 SC4489352022-04-30 SC448935core:WithinOneYear2023-04-30 SC448935core:WithinOneYear2022-04-30 SC448935core:AfterOneYear2023-04-30 SC448935core:AfterOneYear2022-04-30 SC448935core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 SC448935core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 SC448935core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC448935core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 SC448935core:PreviouslyStatedAmount2023-04-30 SC448935core:PreviouslyStatedAmount2022-04-30 SC448935business:SmallEntities2022-05-012023-04-30 SC448935countries:Scotland2022-05-012023-04-30 SC448935core:FurnitureFittings2022-05-012023-04-30 SC4489352021-05-012022-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC448935 (Scotland)
Shoina M Smith Financial Services Ltd Unaudited accounts for the year ended 30 April 2023
Shoina M Smith Financial Services Ltd Unaudited accounts Contents
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Shoina M Smith Financial Services Ltd Company Information for the year ended 30 April 2023
Directors
S Smith G Smith
Company Number
SC448935 (Scotland)
Registered Office
26 Redburn Avenue Culloden Inverness IV2 7AZ
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
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Shoina M Smith Financial Services Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
9,763 
20,813 
Cash at bank and in hand
10,733 
3,903 
20,496 
24,716 
Creditors: amounts falling due within one year
(15,325)
(16,762)
Net current assets
5,171 
7,954 
Total assets less current liabilities
5,171 
7,954 
Creditors: amounts falling due after more than one year
(4,214)
(6,167)
Net assets
957 
1,787 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
953 
1,783 
Shareholders' funds
957 
1,787 
For the year ending 30 April 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 19 January 2024 and were signed on its behalf by
G Smith Director Company Registration No. SC448935
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Shoina M Smith Financial Services Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Shoina M Smith Financial Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC448935. The registered office is 26 Redburn Avenue, Culloden, Inverness, IV2 7AZ.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Fixtures & fittings
33.33% straight line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2022
228 
Disposals
(228)
At 30 April 2023
- 
Depreciation
At 1 May 2022
228 
On disposals
(228)
At 30 April 2023
- 
Net book value
At 30 April 2023
- 
5
Loans to directors
Included in debtors is a loan of £2,313 to the director S Smith (2022 - £7,873). The loan is unsecured and has no fixed terms for repayment. Included in debtors is a loan of £2,312 to the director G Smith (2022 - £7,873). The loan is unsecured and has no fixed terms for repayment.
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Shoina M Smith Financial Services Ltd Notes to the Accounts for the year ended 30 April 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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