IRIS Accounts Production v24.3.2.46 SC320331 Board of Directors 1.8.23 31.7.24 31.7.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3203312023-07-31SC3203312024-07-31SC3203312023-08-012024-07-31SC3203312022-04-30SC3203312022-05-012023-07-31SC3203312023-07-31SC320331ns15:Scotland2023-08-012024-07-31SC320331ns14:PoundSterling2023-08-012024-07-31SC320331ns10:Director12023-08-012024-07-31SC320331ns10:PrivateLimitedCompanyLtd2023-08-012024-07-31SC320331ns10:SmallEntities2023-08-012024-07-31SC320331ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-31SC320331ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-31SC320331ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-31SC320331ns10:FullAccounts2023-08-012024-07-31SC320331ns10:Director22023-08-012024-07-31SC320331ns10:RegisteredOffice2023-08-012024-07-31SC320331ns5:CurrentFinancialInstruments2024-07-31SC320331ns5:CurrentFinancialInstruments2023-07-31SC320331ns5:ShareCapital2024-07-31SC320331ns5:ShareCapital2023-07-31SC320331ns5:RetainedEarningsAccumulatedLosses2024-07-31SC320331ns5:RetainedEarningsAccumulatedLosses2023-07-31SC320331ns5:NetGoodwill2023-08-012024-07-31SC320331ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-31SC320331ns5:PlantMachinery2023-07-31SC320331ns5:PlantMachinery2023-08-012024-07-31SC320331ns5:PlantMachinery2024-07-31SC320331ns5:PlantMachinery2023-07-31SC320331ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-31SC320331ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: SC320331 (Scotland)











Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Randa Limited

Randa Limited (Registered number: SC320331)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Randa Limited

Company Information
for the year ended 31 July 2024







DIRECTORS: Mrs A J Goldie
R Goldie





REGISTERED OFFICE: 61 Beechgrove Terrace
Aberdeen
AB15 5DS





REGISTERED NUMBER: SC320331 (Scotland)





ACCOUNTANTS: Grampian Accounting
3 Prospect Place
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6SY

Randa Limited (Registered number: SC320331)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,813 7,147

CURRENT ASSETS
Debtors 5 413,264 936,621
Cash at bank 376,532 55,568
789,796 992,189
CREDITORS
Amounts falling due within one year 6 3,685 64,824
NET CURRENT ASSETS 786,111 927,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

808,924

934,512

PROVISIONS FOR LIABILITIES 1,358 1,358
NET ASSETS 807,566 933,154

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 807,556 933,144
SHAREHOLDERS' FUNDS 807,566 933,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Randa Limited (Registered number: SC320331)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 December 2024 and were signed on its behalf by:





R Goldie - Director


Randa Limited (Registered number: SC320331)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Randa Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

This is the first year in which the financial statements have been prepared in accordance with FRS 102 Section 1A. In previous years t he financial statements have been prepared with the Financial Reporting Standards for Smaller Entities ("The FRSSE")

The adoption of FRS 102 Section 1A has not resulted in any changes to the recognition and measurement principles previously adopted.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Randa Limited (Registered number: SC320331)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 18 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 15,995
Additions 19,065
At 31 July 2024 35,060
DEPRECIATION
At 1 August 2023 8,848
Charge for year 3,399
At 31 July 2024 12,247
NET BOOK VALUE
At 31 July 2024 22,813
At 31 July 2023 7,147

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 413,264 936,621

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors - 28,394
Taxation and social security 312 31,685
Other creditors 3,373 4,745
3,685 64,824