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COMPANY REGISTRATION NUMBER: SC703190
SM Forestry Ltd
Filleted Unaudited Financial Statements
For the period ended
31 July 2023
SM Forestry Ltd
Statement of Financial Position
31 July 2023
Period from
Year to
2 Jul 21 to
31 Jul 23
31 Jul 22
£
£
Fixed assets
86,631
39,557
--------
--------
Current assets
94,938
55,177
Creditors: amounts falling due within one year
130,515
79,440
---------
--------
Net current liabilities
( 35,577)
( 24,263)
--------
--------
Total assets less current liabilities
51,054
15,294
Creditors: amounts falling due after more than one year
35,600
7,920
Accruals and deferred income
14,870
6,597
--------
--------
584
777
--------
--------
Capital and reserves
584
777
----
----
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
2. Director's advances, credits and guarantees
The company advanced the director £133,479 during the year to 31 July 2023. Of this amount £107,544 was repaid during the period. There was a balance outstanding at 31 July 2023 amounting to £34,663 (2022 £8,728). Interest was charged at the official HMRC rate.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements 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 financial statements .
These 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 16 August 2024 , and are signed on behalf of the board by:
Mr S Milne
Director
Company registration number: SC703190
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Easter Ballinluig Of Dunfallandy, Pitlochry, Perthshire, PH16 5NA, Scotland.