CCM_LOCH_NESS_LIMITED - Accounts


CCM LOCH NESS LIMITED
SC476553
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
PAGES FOR FILING WITH REGISTRAR
MESTON REID & CO
CHARTERED ACCOUNTANTS
12 CARDEN PLACE
ABERDEEN
AB10 1UR
CCM LOCH NESS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2018
30 September 2018
- 1 -
2018
2017
£
£
£
£
Fixed assets
1,045,467
204,789
Current assets
53,243
45,272
Creditors: amounts falling due within one year
(83,598)
(79,791)
Net current liabilities
(30,355)
(34,519)
Total assets less current liabilities
1,015,112
170,270
Creditors: amounts falling due after more than one year
(597,183)
(128,894)
Accruals and deferred income
(32,848)
(29,700)
Net assets
385,081
11,676
Capital and reserves
385,081
11,676
Notes to the financial statements
Directors' benefits: advances, credit and guarantees

At the year end directors C Munro and M Munro jointly owed £45,368 (2017 - £23,274) to the company. The loan is unsecured, interest free and repayable on demand.

 

During the year the company purchased two lodges at a cost of £209,000 each from each director. These transactions took place at market value.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2018
2017
Number
Number
Employees
2
2
CCM LOCH NESS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2018
30 September 2018
- 2 -

CCM Loch Ness Limited is a private company limited by shares in the United Kingdom and incorporated in Scotland. The registered office is 1 East Craibstone Street, Aberdeen, AB11 6YQ.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 30 September 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 12 December 2019 and are signed on its behalf by:
C Munro
M Munro
Director
Director
Company Registration Number SC476553
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