Carnallan Ltd.

Carnallan Ltd.

CARNALLAN LTD. - Company Information

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1 September 2018 false Taxfiler 2019.10.Web SC431487business:PrivateLimitedCompanyLtd2018-09-012019-08-31 SC4314872018-08-31 SC4314872018-09-012019-08-31 SC431487business:AuditExemptWithAccountantsReport2018-09-012019-08-31 SC431487business:FullAccounts2018-09-012019-08-31 SC4314872019-08-31 SC431487business:Director12018-09-012019-08-31 SC431487business:RegisteredOffice2018-09-012019-08-31 SC4314872018-08-31 SC431487core:WithinOneYear2019-08-31 SC431487core:WithinOneYear2018-08-31 SC4314872017-09-012018-08-31 SC431487business:Micro-entities2018-09-012019-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC431487 (Scotland)
Carnallan Ltd. Unaudited accounts for the year ended 31 August 2019
Carnallan Ltd. Annual report and unaudited accounts for the year ended 31 August 2019
CONTENTS
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Carnallan Ltd. Company Information for the year ended 31 August 2019
Director
Allan Mcculloch
Company Number
SC431487 (Scotland)
Registered Office
18 CLERMISTON ROAD NORTH EDINBURGH EH4 7BL SCOTLAND
Accountants
GCA (Scotland) Ltd 18 Clermiston Road North Edinburgh EH4 7BL
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Carnallan Ltd. for the year ended 31 August 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Carnallan Ltd. for the year ended 31 August 2019 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the Board of Directors of Carnallan Ltd., as a body, in accordance with the terms of our engagement letter dated 3 October 2013. Our work has been undertaken solely to prepare for your approval the accounts of Carnallan Ltd. and state those matters that we have agreed to state to the Board of Directors of Carnallan Ltd., as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Carnallan Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Carnallan Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Carnallan Ltd.. You consider that Carnallan Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Carnallan Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
GCA (Scotland) Ltd Chartered Accountants 18 Clermiston Road North Edinburgh EH4 7BL 18 October 2019
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Carnallan Ltd. Statement of Financial Position as at 31 August 2019
2019 
2018 
£ 
£ 
Fixed assets
314,430 
241,717 
Current assets
10,473 
6,502 
Prepayments and accrued income
425 
325 
Creditors: amounts falling due within one year
(49,898)
(33,470)
Net current liabilities
(39,000)
(26,643)
Total assets less current liabilities
275,430 
215,074 
Net assets
275,430 
215,074 
Capital and reserves
275,430 
215,074 
NOTES TO THE ACCOUNTS
1 Director's advances, credit and guarantees
The director was due £30,418 from the company at the start of the year. During the year the director made various advances totalling £14,790 to the company. The director has formalised a loan agreement with the company at an interest rate of 3.9% per annum. During the year the company paid £1,232 and accrued £1,168 of interest on the outstanding loan balance. The balance of £45,208 was due to be repaid by the company to the director as at the year end date.
2 Average number of employees
During the year the average number of employees was 0 (2018: 0).
For the year ending 31 August 2019 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 18 October 2019
Allan Mcculloch Director Company Registration No. SC431487
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