Lethen Motors (Holdings) Limited
Lethen Motors (Holdings) Limited
Registered number: SC565286
Unaudited Financial Statements
For The Year Ended 31 May 2019
Accountants Scotland Ltd
Chartered & Certified Accountants
The Old City Club
6 Southesk Street
Brechin
DD9 6DY
Lethen Motors (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 May 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3 |
Lethen Motors (Holdings) Limited
Balance Sheet
As at
31 May 2019
Balance Sheet
Registered number:
SC565286
For the year ending 31 May 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 31 May 2019 | 31 May 2018 | ||||
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Investments | 3 |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 5 |
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| NET ASSETS |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (60) | - | |||
Page 1
Lethen Motors (Holdings) Limited
Balance Sheet (continued)
As at
31 May 2019
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on page 3 form part of these financial statements.
Page 2
Lethen Motors (Holdings) Limited
Notes to the Financial Statements
For The Year Ended 31 May 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 0
3.
Current Asset Investments
| 31 May 2019 | 31 May 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Unlisted investments | 600,000 | 600,000 | |
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4.
Creditors: Amounts Falling Due Within One Year
| 31 May 2019 | 31 May 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Director's loan account |
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5.
Creditors: Amounts Falling Due After More Than One Year
| 31 May 2019 | 31 May 2018 | ||
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| £ | £ | ||
| Other creditors |
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| Other creditors (2) |
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6.
Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
| As at |
Amounts advanced | Amounts repaid | Amounts written off | As at |
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| £ | £ | £ | £ | £ | |
| Mr Alexander Handsley |
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The above loan is unsecured, interest free and repayable on demand.
7.
General Information
Lethen Motors (Holdings) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC565286 . The registered office is 1 Easter Court, Portlethen, Aberdeen, AB12 4XQ.
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