Company Registration No. SC154474 (Scotland)
Coast Craft Ltd
Unaudited accounts
for the year ended 28 February 2019
Coast Craft Ltd
Unaudited accounts
Contents
Coast Craft Ltd
Company Information
for the year ended 28 February 2019
Directors
Mrs P McCran
M McCran
S McCran
I McCran
Company Number
SC154474 (Scotland)
Registered Office
West Harbour
Cockenzie
Prestonpans
East Lothian
EH32 0HU
Accountants
Rosebery Accountants & Business Advisors
23 Melville Street
Edinburgh
EH3 7PE
Coast Craft Ltd
Statement of financial position
as at 28 February 2019
Tangible assets
168,434
168,813
Cash at bank and in hand
278,038
302,296
Creditors: amounts falling due within one year
(35,862)
(34,877)
Net current assets
282,257
315,897
Net assets
450,691
484,710
Called up share capital
50,000
50,000
Profit and loss account
400,691
434,710
Shareholders' funds
450,691
484,710
For the year ending 28 February 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 directors acknowledge their 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.
Approved by the Board on 8 May 2019.
S McCran
Director
Company Registration No. SC154474
Coast Craft Ltd
Notes to the Accounts
for the year ended 28 February 2019
Coast Craft Ltd is a private company, limited by shares, registered in Scotland, registration number SC154474. The registered office is West Harbour, Cockenzie, Prestonpans, East Lothian, EH32 0HU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2018
167,295
57,035
14,220
238,550
At 28 February 2019
167,295
57,035
14,220
238,550
At 1 March 2018
-
55,577
14,160
69,737
Charge for the year
-
364
15
379
At 28 February 2019
-
55,941
14,175
70,116
At 28 February 2019
167,295
1,094
45
168,434
At 28 February 2018
167,295
1,458
60
168,813
Work in progress
2,316
13,391
Coast Craft Ltd
Notes to the Accounts
for the year ended 28 February 2019
Accrued income and prepayments
1,417
1,229
Other debtors
27,917
27,917
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
2,367
5,496
Taxes and social security
4,592
478
8
Average number of employees
During the year the average number of employees was 2 (2018: 2).
