1 March 2023 false No description of principal activity Taxfiler 2024.6 SC722416business:PrivateLimitedCompanyLtd2023-03-012024-02-29 SC7224162023-02-28 SC7224162023-03-012024-02-29 SC722416business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 SC722416business:FilletedAccounts2023-03-012024-02-29 SC7224162024-02-29 SC722416business:Director12023-03-012024-02-29 SC722416business:RegisteredOffice2023-03-012024-02-29 SC7224162023-02-28 SC722416core:WithinOneYear2024-02-29 SC722416core:WithinOneYear2023-02-28 SC722416core:AfterOneYear2024-02-29 SC722416core:AfterOneYear2023-02-28 SC722416core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC722416core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC722416core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC722416core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC722416core:PreviouslyStatedAmount2024-02-29 SC722416core:PreviouslyStatedAmount2023-02-28 SC722416business:SmallEntities2023-03-012024-02-29 SC722416countries:Scotland2023-03-012024-02-29 SC722416core:ComputerEquipment2023-03-012024-02-29 SC722416core:ComputerEquipment2023-02-28 SC722416core:ComputerEquipment2024-02-29 SC7224162022-02-082023-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC722416 (Scotland)
Smart Transfers Scotland Ltd Unaudited accounts for the year ended 29 February 2024
Smart Transfers Scotland Ltd Unaudited accounts Contents
Page
- 2 -
Smart Transfers Scotland Ltd Company Information for the year ended 29 February 2024
Director
Gordon Lyall
Company Number
SC722416 (Scotland)
Registered Office
23 Easter Drylaw Avenue Edinburgh EH4 2QZ Scotland
Accountants
Braes Accountancy Limited Ironworks Business Centre Castlelaurie Industrial Estate Falkirk Stirlingshire FK2 7XE
- 3 -
Smart Transfers Scotland Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,637 
1,114 
Current assets
Debtors
- 
5,000 
Cash at bank and in hand
10,458 
5,269 
10,458 
10,269 
Creditors: amounts falling due within one year
(9,945)
(12,635)
Net current assets/(liabilities)
513 
(2,366)
Total assets less current liabilities
2,150 
(1,252)
Creditors: amounts falling due after more than one year
- 
(150)
Net assets/(liabilities)
2,150 
(1,402)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,149 
(1,403)
Shareholders' funds
2,150 
(1,402)
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2024 and were signed on its behalf by
Gordon Lyall Director Company Registration No. SC722416
- 4 -
Smart Transfers Scotland Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Smart Transfers Scotland Ltd is a private company, limited by shares, registered in Scotland, registration number SC722416. The registered office is 23 Easter Drylaw Avenue, Edinburgh, EH4 2QZ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,671 
Additions
1,829 
At 29 February 2024
3,500 
Depreciation
At 1 March 2023
557 
Charge for the year
1,306 
At 29 February 2024
1,863 
Net book value
At 29 February 2024
1,637 
At 28 February 2023
1,114 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
5,000 
- 5 -
Smart Transfers Scotland Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(320)
9,784 
Taxes and social security
7,799 
- 
Loans from directors
466 
1,851 
Accruals
2,000 
1,000 
9,945 
12,635 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
150 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -