O.u.i. (Scotland) Limited - Accounts to registrar (filleted) - small 18.2

O.u.i. (Scotland) Limited - Accounts to registrar (filleted) - small 18.2

O.U.I. (SCOTLAND) LIMITED - Company Information

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IRIS Accounts Production v19.3.2.199 SC189242 Board of Directors Board of Directors 1.10.16 30.9.17 30.9.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1892422016-09-30SC1892422017-09-30SC1892422016-10-012017-09-30SC1892422015-09-30SC1892422015-10-012016-09-30SC1892422016-09-30SC189242ns15:Scotland2016-10-012017-09-30SC189242ns14:PoundSterling2016-10-012017-09-30SC189242ns10:Director12016-10-012017-09-30SC189242ns10:Director22016-10-012017-09-30SC189242ns10:PrivateLimitedCompanyLtd2016-10-012017-09-30SC189242ns10:SmallEntities2016-10-012017-09-30SC189242ns10:AuditExempt-NoAccountantsReport2016-10-012017-09-30SC189242ns10:SmallCompaniesRegimeForDirectorsReport2016-10-012017-09-30SC189242ns10:SmallCompaniesRegimeForAccounts2016-10-012017-09-30SC189242ns10:AbridgedAccounts2016-10-012017-09-30SC189242ns10:CompanySecretary12016-10-012017-09-30SC189242ns10:RegisteredOffice2016-10-012017-09-30SC189242ns5:CurrentFinancialInstruments2017-09-30SC189242ns5:CurrentFinancialInstruments2016-09-30SC189242ns5:ShareCapital2017-09-30SC189242ns5:ShareCapital2016-09-30SC189242ns5:RetainedEarningsAccumulatedLosses2017-09-30SC189242ns5:RetainedEarningsAccumulatedLosses2016-09-30SC189242ns5:PlantMachinery2016-10-012017-09-30SC189242ns5:Secured2017-09-30SC189242ns5:Secured2016-09-30SC189242ns10:Director112016-09-30SC189242ns10:Director112015-09-30SC189242ns10:Director112016-10-012017-09-30SC189242ns10:Director112015-10-012016-09-30SC189242ns10:Director112017-09-30SC189242ns10:Director112016-09-30SC189242ns10:Director222016-09-30SC189242ns10:Director222015-09-30SC189242ns10:Director222016-10-012017-09-30SC189242ns10:Director222015-10-012016-09-30SC189242ns10:Director222017-09-30SC189242ns10:Director222016-09-30


REGISTERED NUMBER: SC189242 (Scotland)















Financial Statements for the Year Ended 30 September 2017

for

O.u.i. (Scotland) Limited
O.u.i. (Scotland) Limited (Registered number: SC189242)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


O.u.i. (Scotland) Limited

Company Information
for the Year Ended 30 September 2017







DIRECTORS: G Duff
J W S Duff





SECRETARY: G Duff





REGISTERED OFFICE: 3b Crown Terrace
Aberdeen
AB11 6HE





REGISTERED NUMBER: SC189242 (Scotland)





ACCOUNTANTS: Findlay Brown Ltd
Chartered Certified Accountants
53 Huntly Street
Aberdeen
AB10 1TH
Page 1
O.u.i. (Scotland) Limited (Registered number: SC189242)

Abridged Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,775 19,720

CURRENT ASSETS
Debtors 1,217,791 1,318,109

CREDITORS
Amounts falling due within one year 557,787 770,884
NET CURRENT ASSETS 660,004 547,225
TOTAL ASSETS LESS CURRENT
LIABILITIES
675,779
566,945

PROVISIONS FOR LIABILITIES 2,763 3,944
NET ASSETS 673,016 563,001

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 672,916 562,901
SHAREHOLDERS' FUNDS 673,016 563,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 29 October 2019 and were signed on its behalf by:




G Duff - Director



J W S Duff - Director


The notes form part of these financial statements

Page 2
O.u.i. (Scotland) Limited (Registered number: SC189242)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

O.u.i. (Scotland) 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.

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.
Plant and machinery - 20% on reducing balance

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.

Leasing commitments
Rental costs under operating leases are charged to the profit and loss account in equal amounts over the periods
of the lease.

Going concern basis
These financial statements have been drawn up on a Going Concern Basis which depends on the Directors being
able to repay their Loans should they be required to pay ordinary creditors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

Page 3 continued...
O.u.i. (Scotland) Limited (Registered number: SC189242)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2016
and 30 September 2017 81,282
DEPRECIATION
At 1 October 2016 61,562
Charge for year 3,945
At 30 September 2017 65,507
NET BOOK VALUE
At 30 September 2017 15,775
At 30 September 2016 19,720

5. SECURED DEBTS

The following secured debts are included within creditors:

30.9.17 30.9.16
£    £   
Bank overdrafts 83,868 286,446

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2017 and
30 September 2016:

30.9.17 30.9.16
£    £   
G Duff
Balance outstanding at start of year 367,295 290,884
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 445,590 367,295

J W S Duff
Balance outstanding at start of year 137,779 105,851
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 191,583 137,779

7. ULTIMATE CONTROLLING PARTY

G Duff has ultimate control.

Page 4