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REGISTERED NUMBER: SC560611 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

REMOVAL SERVICES SCOTLAND LIMITED

REMOVAL SERVICES SCOTLAND LIMITED (REGISTERED NUMBER: SC560611)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


REMOVAL SERVICES SCOTLAND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: G Byers
G McMullan





REGISTERED OFFICE: 2 Clifton View
East Mains Industrial Estate
Broxburn
EH52 5NE





REGISTERED NUMBER: SC560611 (Scotland)





ACCOUNTANTS: MacDonald Morton Ltd
Chartered Accountants
67 March Road
Edinburgh
EH4 3SU

REMOVAL SERVICES SCOTLAND LIMITED (REGISTERED NUMBER: SC560611)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 104,231 132,465

CURRENT ASSETS
Debtors 5 41,071 18,334
Cash at bank 24,038 35,607
65,109 53,941
CREDITORS
Amounts falling due within one year 6 234,091 153,706
NET CURRENT LIABILITIES (168,982 ) (99,765 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(64,751

)

32,700

CREDITORS
Amounts falling due after more than one year 7 61,682 93,372
NET LIABILITIES (126,433 ) (60,672 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (126,443 ) (60,682 )
(126,433 ) (60,672 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

REMOVAL SERVICES SCOTLAND LIMITED (REGISTERED NUMBER: SC560611)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 27 January 2025 and were signed on its behalf by:





G Byers - Director


REMOVAL SERVICES SCOTLAND LIMITED (REGISTERED NUMBER: SC560611)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Removal Services Scotland 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Going Concern
These financial statements have been prepared on the going concern basis. The company incurred a net loss of £65,761 for the year ended 30 April 2024 (2023: profit of £9,811) and had net current liabilities of £168,982 as at 30 April 2024 (2023: £99,765).

The directors have reviewed the current and future trading position of the company to consider whether the company will have adequate resources to continue in operational existence for the foreseeable future (period of review limited to a period of less than 12 months from the date of approval of the financial statements). Following completion of this review, the directors consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.

Significant judgements and estimates
The directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant, actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods

Turnover
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for services to third parties in the normal course of business, net of discounts, VAT and other related taxes. Revenue from services is recognised when services have been provided and the right to consideration has been earned.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

REMOVAL SERVICES SCOTLAND LIMITED (REGISTERED NUMBER: SC560611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds the following basic financial instruments.

Financial assets
Cash and cash equivalents - comprise cash in hand and deposits held with banks.

Trade and other debtors are initially measured at the undiscounted amounts receivable from a customer, which is normally the invoiced price. Trade and other debtors are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found an impairment loss is recognised.

Financial liabilities
Trade and other creditors are initially measured at the transaction price, including any transaction costs.

Directors loans are initially measured at the transaction price and are subsequently measured at the undiscounted amount of the cash expected to be paid within the appropriate period of creditors falling due within one year and creditors falling due after more than one year.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 6 (2023 - 8 ) .

REMOVAL SERVICES SCOTLAND LIMITED (REGISTERED NUMBER: SC560611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 7,670 2,762 175,955 3,120 189,507
Additions 4,000 - - - 4,000
Disposals (4,545 ) (2,762 ) (15,500 ) - (22,807 )
At 30 April 2024 7,125 - 160,455 3,120 170,700
DEPRECIATION
At 1 May 2023 5,401 1,756 47,785 2,100 57,042
Charge for year 757 101 25,230 349 26,437
Eliminated on disposal (3,284 ) (1,857 ) (11,869 ) - (17,010 )
At 30 April 2024 2,874 - 61,146 2,449 66,469
NET BOOK VALUE
At 30 April 2024 4,251 - 99,309 671 104,231
At 30 April 2023 2,269 1,006 128,170 1,020 132,465

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 40,971 12,734
Other debtors 100 5,600
41,071 18,334

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,225 9,973
Hire purchase contracts 21,065 21,065
Payments on account 35,627 31,146
Trade creditors 64,958 18,820
Taxation and social security 14,382 6,766
Other creditors 87,834 65,936
234,091 153,706

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 11,369 21,594
Hire purchase contracts 50,313 71,778
61,682 93,372

REMOVAL SERVICES SCOTLAND LIMITED (REGISTERED NUMBER: SC560611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 71,378 92,843