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Company registration number: SC704826
Rightly So Ltd
Unaudited filleted financial statements
31 July 2023
Rightly So Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Rightly So Ltd
Directors and other information
Director Daniel Leckie
Company number SC704826
Registered office Codebase, Argyle House
3 Lady Lawson Street
Edinburgh
EH3 9DR
Accountants Paterson Boyd & Co
Chartered Certified Accountants
18 North Street
Glenrothes
Fife
KY7 5NA
Rightly So Ltd
Report to the director on the preparation of the
unaudited statutory financial statements of Rightly So Ltd
Year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rightly So Ltd for the year ended 31 July 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the director of Rightly So Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Rightly So Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rightly So Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Rightly So Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rightly So Ltd. You consider that Rightly So Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Rightly So Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Paterson Boyd & Co
Chartered Certified Accountants
18 North Street
Glenrothes
Fife
KY7 5NA
1 May 2024
Rightly So Ltd
Statement of financial position
31 July 2023
31/07/23 31/07/22
£ £
Current assets 6,643 1,939
Creditors: amounts falling due within one year ( 1,665) ( 1,299)
_______ _______
Net current assets 4,978 640
_______ _______
Total assets less current liabilities 4,978 640
Accruals and deferred income ( 1,267) ( 600)
_______ _______
Net assets 3,711 40
_______ _______
Capital and reserves 3,711 40
_______ _______
Notes to the financial statements
Rightly So Ltd
Year ended 31 July 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
Year ended 31/07/23
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Daniel Leckie 549 10,570 ( 11,119) -
_______ _______ _______ _______
Period ended 31/07/22
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Daniel Leckie - 16,732 ( 16,183) 549
_______ _______ _______ _______
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 01 May 2024 , and are signed on behalf of the board by:
Daniel Leckie
Director
Company registration number: SC704826
The company is a private company limited by shares, registered in Scotland.