Abbreviated Company Accounts - PRIMELINE INVESTMENTS LIMITED

Abbreviated Company Accounts - PRIMELINE INVESTMENTS LIMITED

PRIMELINE INVESTMENTS LIMITED - Company Information

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Registered Number SC250590

PRIMELINE INVESTMENTS LIMITED

Abbreviated Accounts

30 June 2014

PRIMELINE INVESTMENTS LIMITED Registered Number SC250590

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 17,708 18,610
17,708 18,610
Current assets
Debtors 21,028 21,028
Cash at bank and in hand 12,782 6,544
33,810 27,572
Creditors: amounts falling due within one year (9,508) (8,096)
Net current assets (liabilities) 24,302 19,476
Total assets less current liabilities 42,010 38,086
Total net assets (liabilities) 42,010 38,086
Capital and reserves
Called up share capital 1 1
Profit and loss account 42,009 38,085
Shareholders' funds 42,010 38,086
  • For the year ending 30 June 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 March 2015

And signed on their behalf by:
J MacIntyre, Director

PRIMELINE INVESTMENTS LIMITED Registered Number SC250590

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 July 2013 43,186
Additions 7,100
Disposals (15,375)
Revaluations -
Transfers -
At 30 June 2014 34,911
Depreciation
At 1 July 2013 24,576
Charge for the year 4,054
On disposals (11,427)
At 30 June 2014 17,203
Net book values
At 30 June 2014 17,708
At 30 June 2013 18,610