Goosecroft Taxis Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC318239 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Goosecroft Taxis Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms C Laird

Mr P Cameron

SECRETARY:

Ms C Laird

REGISTERED OFFICE:

11 Glentye Drive

Tullibody

FK10 2US

REGISTERED NUMBER:

SC318239 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

15 Gladstone Place

Stirling

FK8 2NX

FIXED ASSETS

Tangible assets

2

44,409

36,560

CURRENT ASSETS

Debtors

18,219

19,777

Cash at bank and in hand

33,428

59,174

51,647

78,951

CREDITORS

Amounts falling due within one year

44,730

56,201

NET CURRENT ASSETS

6,917

22,750

TOTAL ASSETS LESS CURRENT LIABILITIES

51,326

59,310

CAPITAL AND RESERVES

Called up share capital

3

500

500

Profit and loss account

50,826

58,810

SHAREHOLDERS' FUNDS

51,326

59,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 January 2015 and were signed on its behalf by:

Mr P Cameron - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the net value services, excluding value added tax . Turnover is recognised when the

company obtains the right to the consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

144,534

Additions

36,847

Disposals

(51,272

)

At 30 April 2014

130,109

DEPRECIATION

At 1 May 2013

107,974

Charge for year

15,311

Eliminated on disposal

(37,585

)

At 30 April 2014

85,700

NET BOOK VALUE

At 30 April 2014

44,409

At 30 April 2013

36,560

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

500

Ordinary

£1

500

500

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2014 and

30 April 2013:

2014

2013

£

£

Mr P Cameron

Balance outstanding at start of year

-

-

Amounts advanced

5,149

-

Amounts repaid

(3,073

)

-

Balance outstanding at end of year

2,076

-

The above balance was repaid in May 2014.

5.	ULTIMATE CONTROLLING PARTY

The company was controlled during the current and previous periods by the Directors.