Registered number
12663187
RN Anne Marie Smith Ltd
Filleted Accounts
30 June 2024
RN Anne Marie Smith Ltd
Registered number: 12663187
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 270 405
Current assets
Debtors 4 216,646 92,371
Cash at bank and in hand 16,200 27,339
232,846 119,710
Creditors: amounts falling due within one year 5 (51,467) (21,811)
Net current assets 181,379 97,899
Total assets less current liabilities 181,649 98,304
Provisions for liabilities (51) (77)
Net assets 181,598 98,227
Capital and reserves
Called up share capital 1 1
Profit and loss account 181,597 98,226
Shareholder's funds 181,598 98,227
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Anne-Marie Tahssein
Director
Approved by the board on 17 October 2024
RN Anne Marie Smith Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 8 8
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 540
At 30 June 2024 540
Depreciation
At 1 July 2023 135
Charge for the year 135
At 30 June 2024 270
Net book value
At 30 June 2024 270
At 30 June 2023 405
4 Debtors 2024 2023
£ £
Trade debtors 216,646 92,371
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 168 382
Taxation and social security costs 27,969 18,195
Director's Loan Account 23,330 3,234
51,467 21,811
6 Controlling party
The ultimate controlling party during the period; Anne-Marie Tahssein
Anne-Marie Tahssein holds 100% of the issued share capital and is deemed the ultimate controlling party.
7 Other information
RN Anne Marie Smith Ltd is a private company limited by shares and incorporated in England. Its registered office is:
73 Church Drive
Harrow
England
HA2 7NR
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