RINNES CONSULTANCY LTD

Company Registration Number:
SC335563 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

RINNES CONSULTANCY LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

RINNES CONSULTANCY LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 518 1,033
Total fixed assets: 518 1,033
Current assets
Debtors: 4 314,680 393,773
Cash at bank and in hand: 34,184 66,021
Total current assets: 348,864 459,794
Creditors: amounts falling due within one year: 5 (96,033) (153,749)
Net current assets (liabilities): 252,831 306,045
Total assets less current liabilities: 253,349 307,078
Provision for liabilities: (98) (350)
Total net assets (liabilities): 253,251 306,728
Capital and reserves
Called up share capital: 394 394
Share premium account: 17,115 17,115
Profit and loss account: 235,742 289,219
Shareholders funds: 253,251 306,728

The notes form part of these financial statements

RINNES CONSULTANCY LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 January 2025
and signed on behalf of the board by:

Name: M Rankine
Status: Director

The notes form part of these financial statements

RINNES CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the value of sales to customers, net of discounts, allowances and other payments to customers and excludes VAT. Sales of services are recognised when the company has provided the service to the customer and collectability of the related receivable is reasonably assured.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives as follows: Fixtures and Fittings - 20% straight line basis Hardware and software - 33% straight line basis

Other accounting policies

Deferred Taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Deferred tax liabilities are not discounted. Pension The company has various defined contribution pension schemes providing benefits additional to those provided by the State. The pension costs charged in the profit and loss account represent contributions payable by the company in respect of that year.

RINNES CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 2 3

RINNES CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 1,550
At 30 April 2024 1,550
Depreciation
At 01 May 2023 517
Charge for year 515
At 30 April 2024 1,032
Net book value
At 30 April 2024 518
At 30 April 2023 1,033

RINNES CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 216,628 302,099

RINNES CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

Creditors: amounts falling due within one year 2024 2023 Trade creditors 0 515 Corporation tax 2,654 47,957 Other taxation and social security 4,865 7,175 Other creditors 88,514 98,102 96,033 153,749