REGISTERED NUMBER: 06511324 (England and Wales)

Financial Statements

for the Year Ended 31 March 2024

for

RENTA SCOOTA LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms P E Juggins

S S M Thorneloe

REGISTERED OFFICE:

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

REGISTERED NUMBER:

06511324 (England and Wales)

ACCOUNTANTS:

Adams Beeny Limited

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

FIXED ASSETS

Tangible assets

4

68,572

70,085

CURRENT ASSETS

Stocks

43,322

48,235

Debtors

5

49,067

17,073

Cash at bank

398,985

294,938

491,374

360,246

CREDITORS

Amounts falling due within one year

6

579,852

197,464

NET CURRENT (LIABILITIES)/ASSETS

(88,478

)

162,782

TOTAL ASSETS LESS CURRENT LIABILITIES

(19,906

)

232,867

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(20,006

)

232,767

SHAREHOLDERS' FUNDS

(19,906

)

232,867

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 5 September 2025 and were signed on its behalf by:

Ms P E Juggins - Director

S S M Thorneloe - Director

1.	STATUTORY INFORMATION

Renta Scoota Ltd is a private company, limited by shares , registered in England and Wales. 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.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 13 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2023

and 31 March 2024

64,758

59,741

124,499

DEPRECIATION

At 1 April 2023

461

53,953

54,414

Charge for year

66

1,447

1,513

At 31 March 2024

527

55,400

55,927

NET BOOK VALUE

At 31 March 2024

64,231

4,341

68,572

At 31 March 2023

64,297

5,788

70,085

5.

DEBTORS

31.3.24

31.3.23

as restated

£

£

Amounts falling due within one year:

Other debtors

40,625

17,073

Amounts falling due after more than one year:

Other debtors

8,442

-

Aggregate amounts

49,067

17,073

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

as restated

£

£

Payments on account

204,763

-

Trade creditors

744

2,174

Taxation and social security

97,105

52,996

Other creditors

277,240

142,294

579,852

197,464

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.24

31.3.23

value:

as restated

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2023

307,941

Prior year adjustment

(75,174

)

232,767

Deficit for the year

(130,773

)

Dividends

(122,000

)

At 31 March 2024

(20,006

)

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24

31.3.23

as restated

£

£

Ms P E Juggins

Balance outstanding at start of year

25,013

(15,093

)

Amounts advanced

-

40,106

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

25,013

25,013

S S M Thorneloe

Balance outstanding at start of year

(137,475

)

-

Amounts repaid

-

(137,475

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(137,475

)

(137,475

)

The loans are interest free and repayable upon demand.