Company Registration No. SC491896 (Scotland)
Poise Accountancy Ltd.
Unaudited accounts
for the year ended 30 November 2023
Poise Accountancy Ltd.
Unaudited accounts
Contents
Poise Accountancy Ltd.
Company Information
for the year ended 30 November 2023
Director
Mr. Craig McIlveney ACMA CGMA
Company Number
SC491896 (Scotland)
Registered Office
2 Regent Place
Parkhall
Clydebank
West Dunbartonshire
G81 3SG
Scotland
Poise Accountancy Ltd.
Statement of financial position
as at 30 November 2023
Tangible assets
8,935
6,805
Cash at bank and in hand
2,913
2,491
Creditors: amounts falling due within one year
(11,279)
(10,755)
Net current (liabilities)/assets
(4,987)
15,150
Total assets less current liabilities
9,398
27,405
Creditors: amounts falling due after more than one year
(42,810)
(21,525)
Net (liabilities)/assets
(33,412)
5,880
Called up share capital
450
450
Capital contribution reserve
44,550
44,550
Profit and loss account
(78,412)
(39,120)
Shareholders' funds
(33,412)
5,880
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 31 August 2024 and were signed on its behalf by
Mr. Craig McIlveney ACMA CGMA
Director
Company Registration No. SC491896
Poise Accountancy Ltd.
Notes to the Accounts
for the year ended 30 November 2023
Poise Accountancy Ltd. is a private company, limited by shares, registered in Scotland, registration number SC491896. The registered office is 2 Regent Place, Parkhall, Clydebank, West Dunbartonshire, G81 3SG, Scotland.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
Straight line basis, over 60 months, commencing month after purchase.
Computer equipment
Straight line basis, over 48 months, commencing month after purchase.
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
-
8,083
2,620
10,703
Additions
4,695
-
1,514
6,209
At 30 November 2023
4,695
8,083
4,134
16,912
At 1 December 2022
-
2,641
1,257
3,898
Charge for the year
1,565
1,737
777
4,079
At 30 November 2023
1,565
4,378
2,034
7,977
At 30 November 2023
3,130
3,705
2,100
8,935
At 30 November 2022
-
5,442
1,363
6,805
Poise Accountancy Ltd.
Notes to the Accounts
for the year ended 30 November 2023
5
Investments
Other investments
Valuation at 1 December 2022
5,450
Valuation at 30 November 2023
5,450
Represents investments in registration marks and art work. These are valued at the lesser of cost and net realisable value.
Amounts falling due within one year
Accrued income and prepayments
1,778
21,990
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,377
7,622
Taxes and social security
1,270
1,869
Loans from directors
(812)
-
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
-
14,822
Allotted, called up and fully paid:
45,000 Ordinary shares of £0.01 each
450
450
Poise Accountancy Ltd.
Notes to the Accounts
for the year ended 30 November 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan from director
14,822
-
14,822
-
Loan to director
-
812
-
812
Director loans were repaid in full by 7 Jan 24.
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Average number of employees
During the year the average number of employees was 2 (2022: 2).