Company registration number SC665350 (Scotland)
FRASER SMITH LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
FRASER SMITH LTD
COMPANY INFORMATION
Director
Alison Smith
(Appointed 12 April 2024)
Company number
SC665350
Registered office
Brewview
Dunrossness
Shetland
ZE2 9JQ
Accountants
PFS & Partners
16 Main Street
Limavady
BT49 0EU
Bankers
TSB
42 The Concourse
Skelmersdale
Lancashire
WN8 6NQ
FRASER SMITH LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2
FRASER SMITH LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF FRASER SMITH LTD
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fraser Smith Ltd for the year ended 30 June 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the board of directors of Fraser Smith Ltd, as a body, in accordance with the terms of our engagement letter dated 9 March 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Fraser Smith Ltd and state those matters that we have agreed to state to the board of directors of Fraser Smith Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fraser Smith Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Fraser Smith Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Fraser Smith 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 Fraser Smith 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.
PFS & Partners
11 September 2024
Chartered Certified Accountants
16 Main Street
Limavady
BT49 0EU
FRASER SMITH LTD
BALANCE SHEET
- 2 -
2024
2023
£
£
£
£
Current assets
24,011
10,753
Creditors: amounts falling due within one year
(5,771)
(3,909)
Net current assets
18,240
6,844
Net assets
18,240
6,844
Capital and reserves
18,240
6,844
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
Fraser Smith Ltd is a private company limited by shares incorporated in Scotland. The registered office is Brewview, Dunrossness, Shetland, ZE2 9JQ.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 11 September 2024 and are signed on its behalf by:
Alison Smith
Director
Company registration number SC665350 (Scotland)