Company Registration No. SC717596 (Scotland)
Onside Advisory Ltd
Unaudited accounts
for the year ended 31 March 2024
Onside Advisory Ltd
Unaudited accounts
Contents
Onside Advisory Ltd
Company Information
for the year ended 31 March 2024
Directors
Stuart Dougal
Barbara Dougal
Company Number
SC717596 (Scotland)
Registered Office
5 Caldwell Grove
Rutherglen
Glasgow
Lanarkshire
G73 5RF
Scotland
Accountants
Calculo Ltd
Unit 9
Eastworks
Gateway Court
Glasgow
G40 4DS
Onside Advisory Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
2,841
2,186
Cash at bank and in hand
76,710
44,375
Creditors: amounts falling due within one year
(15,152)
(18,955)
Net current assets
69,478
57,656
Called up share capital
100
100
Profit and loss account
72,219
59,742
Shareholders' funds
72,319
59,842
For the year ending 31 March 2024 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.
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 6 October 2024 and were signed on its behalf by
Stuart Dougal
Director
Company Registration No. SC717596
Onside Advisory Ltd
Notes to the Accounts
for the year ended 31 March 2024
Onside Advisory Ltd is a private company, limited by shares, registered in Scotland, registration number SC717596. The registered office is 5 Caldwell Grove, Rutherglen, Glasgow, Lanarkshire, G73 5RF, 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.
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:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
7,920
32,140
Onside Advisory Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,913
12,835
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).