B & R Developments (Scotland) Limited - Period Ending 2019-03-31

Registration number: SC500737

B & R Developments (Scotland) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2019

B & R Developments (Scotland) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 4

B & R Developments (Scotland) Limited

Company Information

Directors

Mrs B Petrie Mr R Petrie Mrs MR McColl Mr W McColl

Registered office

Nether Cambushinnie Cromlix Dunblane Perthshire FK15 9JU

Page 1

B & R Developments (Scotland) Limited

(Registration number: SC500737)
Balance Sheet as at 31 March 2019

	Note	2019 £	2018 £
Current assets
Cash at bank and in hand		-	437
Creditors: Amounts falling due within one year	3	(9,950)	(10,413)
Net liabilities		(9,950)	(9,976)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(10,050)	(10,076)
Total equity		(9,950)	(9,976)

For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 31 December 2019 and signed on its behalf by:

.........................................

Mr R Petrie

Director

The notes on pages 3 to 4 form an integral part of these financial statements.

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B & R Developments (Scotland) Limited

Notes to the Financial Statements for the Year Ended 31 March 2019

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Nether Cambushinnie
Cromlix
Dunblane
Perthshire
FK15 9JU
Scotland

These financial statements were authorised for issue by the Board on 31 December 2019.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At 31 March 2018 the company was in a net liabilities position, The directors have indicated that they intend to provide such funds as are necessary for the company to trade for the forseeable future. The financial statements have therefore been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the Company’s cash management are included as a component of cash and cash equivalents for the purpose only of the cash flow statement.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Page 3

B & R Developments (Scotland) Limited

Notes to the Financial Statements for the Year Ended 31 March 2019

3

Creditors

Creditors: amounts falling due within one year

	Note	2019 £	2018 £
Due within one year
Other creditors		9,950	10,413

4	Share capital

Allotted, called up and fully paid shares

	2019		2018
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

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