IRIS Accounts Production v24.3.2.46 SC174483 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1744832023-04-30SC1744832024-04-30SC1744832023-05-012024-04-30SC1744832022-04-30SC1744832022-05-012023-04-30SC1744832023-04-30SC174483ns15:Scotland2023-05-012024-04-30SC174483ns14:PoundSterling2023-05-012024-04-30SC174483ns10:Director12023-05-012024-04-30SC174483ns10:Director22023-05-012024-04-30SC174483ns10:PrivateLimitedCompanyLtd2023-05-012024-04-30SC174483ns10:SmallEntities2023-05-012024-04-30SC174483ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30SC174483ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30SC174483ns10:FullAccounts2023-05-012024-04-30SC17448312023-05-012024-04-30SC174483ns10:Director32023-05-012024-04-30SC174483ns10:CompanySecretary12023-05-012024-04-30SC174483ns10:RegisteredOffice2023-05-012024-04-30SC174483ns5:CurrentFinancialInstruments2024-04-30SC174483ns5:CurrentFinancialInstruments2023-04-30SC174483ns5:ShareCapital2024-04-30SC174483ns5:ShareCapital2023-04-30SC174483ns5:RetainedEarningsAccumulatedLosses2024-04-30SC174483ns5:RetainedEarningsAccumulatedLosses2023-04-30SC174483ns5:NetGoodwill2023-05-012024-04-30SC174483ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-30SC174483ns5:LandBuildings2023-05-012024-04-30SC174483ns5:PlantMachinery2023-05-012024-04-30SC174483ns5:NetGoodwill2023-04-30SC174483ns5:NetGoodwill2024-04-30SC174483ns5:NetGoodwill2023-04-30SC174483ns5:LandBuildings2023-04-30SC174483ns5:PlantMachinery2023-04-30SC174483ns5:LandBuildings2024-04-30SC174483ns5:PlantMachinery2024-04-30SC174483ns5:LandBuildings2023-04-30SC174483ns5:PlantMachinery2023-04-30SC174483ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-30SC174483ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: SC174483 (Scotland)















Financial Statements for the Year Ended 30 April 2024

for

Rennie Smith Accounting Services Limited

Rennie Smith Accounting Services Limited (Registered number: SC174483)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rennie Smith Accounting Services Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: D J Smith
Mrs J A Smith
D R Smith





SECRETARY: D J Smith





REGISTERED OFFICE: 1160 Tollcross Road
Glasgow
G32 8HE





REGISTERED NUMBER: SC174483 (Scotland)






Rennie Smith Accounting Services Limited (Registered number: SC174483)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 35,094 36,076
35,094 36,076

CURRENT ASSETS
Debtors 6 67,155 115,014
Cash at bank and in hand 98,466 45,683
165,621 160,697
CREDITORS
Amounts falling due within one year 7 11,805 16,416
NET CURRENT ASSETS 153,816 144,281
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,910

180,357

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 188,906 180,353
SHAREHOLDERS' FUNDS 188,910 180,357

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.

Rennie Smith Accounting Services Limited (Registered number: SC174483)

Balance Sheet - 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 31 January 2025 and were signed on its behalf by:




D J Smith - Director



Mrs J A Smith - Director


Rennie Smith Accounting Services Limited (Registered number: SC174483)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Rennie Smith Accounting Services 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 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.

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 in 2004, is being amortised evenly over its estimated useful life of ten years.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 30,000
AMORTISATION
At 1 May 2023
and 30 April 2024 30,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

Rennie Smith Accounting Services Limited (Registered number: SC174483)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 47,903 1,886 49,789
DEPRECIATION
At 1 May 2023 11,946 1,767 13,713
Charge for year 958 24 982
At 30 April 2024 12,904 1,791 14,695
NET BOOK VALUE
At 30 April 2024 34,999 95 35,094
At 30 April 2023 35,957 119 36,076

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,159 14,098
Other debtors 59,996 100,916
67,155 115,014

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 110 51
Taxation and social security 5,617 9,436
Other creditors 6,078 6,929
11,805 16,416

8. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors who are also the shareholders.