Raise Innovations Ltd SC673347 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is other professional, scientific and technical activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true SC673347 2023-10-01 2024-09-30 SC673347 2024-09-30 SC673347 bus:Director1 1 2024-09-30 SC673347 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 SC673347 bus:Micro-entities 2023-10-01 2024-09-30 SC673347 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC673347 bus:FilletedAccounts 2023-10-01 2024-09-30 SC673347 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC673347 bus:RegisteredOffice 2023-10-01 2024-09-30 SC673347 bus:Director1 2023-10-01 2024-09-30 SC673347 bus:Director1 1 2023-10-01 2024-09-30 SC673347 bus:Director2 2023-10-01 2024-09-30 SC673347 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC673347 bus:Agent1 2023-10-01 2024-09-30 SC673347 countries:Scotland 2023-10-01 2024-09-30 SC673347 bus:Director1 1 2023-09-30 SC673347 2022-10-01 2023-09-30 SC673347 2023-09-30 SC673347 bus:Director1 1 2023-09-30 SC673347 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 SC673347 bus:Director1 1 2022-10-01 2023-09-30 SC673347 bus:Director1 1 2022-09-30 iso4217:GBP xbrli:pure

Registration number: SC673347

Raise Innovations Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Raise Innovations Ltd

Contents

Company Information

1

Balance Sheet

2 to 4

Notes to the Unaudited Financial Statements

3

 

Raise Innovations Ltd

Company Information

Directors

Mr Paul Edge

Mr Christopher Stirk

Registered office

Unit 4
Brathens Business Park
Hill of Brathens
Banchory
AB31 4BW

Accountants

Mint Accounting Ltd 63 Dock Street
Dundee
DD1 3DU

 

Raise Innovations Ltd

(Registration number: SC673347)
Balance Sheet as at 30 September 2024

2024
£

2023
£

Fixed assets

7,249

8,623

Current assets

141,721

37,385

Creditors: Amounts falling due within one year

(81,871)

(20,362)

Net current assets

59,850

17,023

Total assets less current liabilities

67,099

25,646

Accruals and deferred income

(2,160)

(700)

 

64,939

24,946

Capital and reserves

64,939

24,946

 

Raise Innovations Ltd

(Registration number: SC673347)
Balance Sheet as at 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Unit 4
Brathens Business Park
Hill of Brathens
Banchory
AB31 4BW

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

3

Related party transactions

Transactions with directors

2024

At 1 October 2023
£

Advances to director
£

Repayments by director
£

At 30 September 2024
£

Mr Paul Edge

During the year the company provided the director with an interest free loan, which is unsecured, repayable on demand and shown under Current Assets.

(498)

44,314

(2,098)

41,717

 

Raise Innovations Ltd

(Registration number: SC673347)
Balance Sheet as at 30 September 2024

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

Mr Paul Edge

During the year the company provided the director with an interest free loan, which is unsecured, repayable on demand and shown under Current Assets.

(13,138)

36,030

(23,390)

(498)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

.........................................
Mr Paul Edge
Director

.........................................
Mr Christopher Stirk
Director