Bethan Customs Consultancy Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC514258 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2018

for

Bethan Customs Consultancy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs N Alexander

SECRETARY:

REGISTERED OFFICE:

Suite D, Unit 6

Colpy Business Park

Oldmeldrum

Aberdeenshire

AB51 0FU

REGISTERED NUMBER:

SC514258 (Scotland)

ACCOUNTANTS:

Carnegie Knox (Scotland) Limited

R & A House Woodburn Road

Blackburn

Aberdeen

Aberdeenshire

AB21 0PS

FIXED ASSETS

Tangible assets

4

1,168

2,821

CURRENT ASSETS

Debtors

5

20,893

20,563

Cash at bank

21,087

9,166

41,980

29,729

CREDITORS

Amounts falling due within one year

6

16,800

11,870

NET CURRENT ASSETS

25,180

17,859

TOTAL ASSETS LESS CURRENT LIABILITIES

26,348

20,680

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

26,338

20,670

SHAREHOLDERS' FUNDS

26,348

20,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 2 April 2019 and were signed by:

Mrs N Alexander - Director

1.	STATUTORY INFORMATION

Bethan Customs Consultancy Ltd is a private company, limited by shares , registered in Scotland. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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 balance sheet date.

Deferred tax

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

sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 3 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2017

and 31 August 2018

4,961

DEPRECIATION

At 1 September 2017

2,140

Charge for year

1,653

At 31 August 2018

3,793

NET BOOK VALUE

At 31 August 2018

1,168

At 31 August 2017

2,821

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Trade debtors

10,897

10,627

Other debtors

9,996

9,936

20,893

20,563

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Trade creditors

1,551

676

Taxation and social security

14,756

10,870

Other creditors

493

324

16,800

11,870

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs N Alexander by virtue 100%