Bob Punton Lifting Compliance Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC327870 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 September 2018

for

Bob Punton Lifting Compliance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr R J Punton

SECRETARY:

Mrs M A Punton

REGISTERED OFFICE:

14 Binghill Road West

MIlltimber

Aberdeen

Aberdeenshire

AB13 0JB

REGISTERED NUMBER:

SC327870 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

59

116

CURRENT ASSETS

Debtors

5

353

565

Cash at bank

59,963

70,981

60,316

71,546

CREDITORS

Amounts falling due within one year

6

7,125

6,628

NET CURRENT ASSETS

53,191

64,918

TOTAL ASSETS LESS CURRENT
LIABILITIES

53,250

65,034

PROVISIONS FOR LIABILITIES

11

23

NET ASSETS

53,239

65,011

CAPITAL AND RESERVES

Called up share capital

20

Retained earnings

53,219

64,991

SHAREHOLDERS' FUNDS

53,239

65,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 15 April 2019 and were signed by:

Mr R J Punton - Director

1.	STATUTORY INFORMATION

Bob Punton Lifting Compliance Limited 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 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.

Tangible fixed assets

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

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 October 2017

and 30 September 2018

3,021

DEPRECIATION

At 1 October 2017

2,905

Charge for year

57

At 30 September 2018

2,962

NET BOOK VALUE

At 30 September 2018

59

At 30 September 2017

116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

Other debtors

353

565

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

Taxation and social security

1,144

1,181

Other creditors

5,981

5,447

7,125

6,628

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2018 and

30 September 2017:

30.9.18

30.9.17

£

Mr R J Punton

Balance outstanding at start of year

(1,262

)

(1,262

)

Amounts repaid

(3,459

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(4,721

)

(1,262

)

8.	RELATED PARTY DISCLOSURES

Mr R J Punton

During the year, dividends of NIL (2017: £3,750) were paid to Mr R J Punton, the director of the company.

Mrs M A Punton

During the year, dividends of NIL (2016: £11,250) were paid to Mrs M A Punton, the company secretary and

wife of the director.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs M A Punton.

Bob Punton Lifting Compliance Limited - Accounts to registrar (filleted) - small 18.2

Bob Punton Lifting Compliance Limited - Accounts to registrar (filleted) - small 18.2