1 March 2024 false No description of principal activity Taxfiler 2024.6 SC722416 business:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC722416 2024-02-29 SC722416 2024-03-01 2025-02-28 SC722416 business:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 SC722416 business:FilletedAccounts 2024-03-01 2025-02-28 SC722416 2025-02-28 SC722416 business:Director1 2024-03-01 2025-02-28 SC722416 business:RegisteredOffice 2024-03-01 2025-02-28 SC722416 2024-02-29 SC722416 core:WithinOneYear 2025-02-28 SC722416 core:WithinOneYear 2024-02-29 SC722416 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 SC722416 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 SC722416 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 SC722416 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 SC722416 core:PreviouslyStatedAmount 2025-02-28 SC722416 core:PreviouslyStatedAmount 2024-02-29 SC722416 business:SmallEntities 2024-03-01 2025-02-28 SC722416 countries:Scotland 2024-03-01 2025-02-28 SC722416 core:MotorVehicles 2024-03-01 2025-02-28 SC722416 core:ComputerEquipment 2024-03-01 2025-02-28 SC722416 core:MotorVehicles 2024-02-29 SC722416 core:ComputerEquipment 2024-02-29 SC722416 core:MotorVehicles 2025-02-28 SC722416 core:ComputerEquipment 2025-02-28 SC722416 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. SC722416 (Scotland)
Smart Transfers Scotland Ltd Unaudited accounts for the year ended 28 February 2025
Smart Transfers Scotland Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Smart Transfers Scotland Ltd Company Information for the year ended 28 February 2025
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
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Smart Transfers Scotland Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
37,796
1,637
Current assets
Cash at bank and in hand
119
10,458
Creditors: amounts falling due within one year
5
(17,604)
(9,945)
Net current (liabilities)/assets
(17,485)
513
Net assets
20,311
2,150
Capital and reserves
Called up share capital
1
1
Profit and loss account
20,310
2,149
Shareholders' funds
20,311
2,150
For the year ending 28 February 2025 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 12 February 2026 and were signed on its behalf by
Gordon Lyall Director Company Registration No. SC722416
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Smart Transfers Scotland Ltd Notes to the Accounts for the year ended 28 February 2025
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:
Motor vehicles
20% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
-
3,500
3,500
Additions
46,642
-
46,642
At 28 February 2025
46,642
3,500
50,142
Depreciation
At 1 March 2024
-
1,863
1,863
Charge for the year
9,328
1,155
10,483
At 28 February 2025
9,328
3,018
12,346
Net book value
At 28 February 2025
37,314
482
37,796
At 29 February 2024
-
1,637
1,637
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Smart Transfers Scotland Ltd Notes to the Accounts for the year ended 28 February 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
19
(320)
Taxes and social security
-
7,799
Loans from directors
17,585
466
Accruals
-
2,000
17,604
9,945
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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