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
Shoina M Smith Financial Services Ltd
Company Information
for the year ended 30 April 2023
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
Shoina M Smith Financial Services Ltd
Statement of financial position
as at 30 April 2023
Cash at bank and in hand
10,733
3,903
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)
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
Shoina M Smith Financial Services Ltd
Notes to the Accounts
for the year ended 30 April 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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.
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).