Buchan Agricultural Consultants Limited - Accounts to registrar (filleted) - small 18.2

Buchan Agricultural Consultants Limited - Accounts to registrar (filleted) - small 18.2

BUCHAN AGRICULTURAL CONSULTANTS LIMITED - Company Information

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REGISTERED NUMBER: SC098494 (Scotland)















































Unaudited Financial Statements

for the Year Ended 31 August 2019

for

Buchan Agricultural Consultants
Limited
Buchan Agricultural Consultants
Limited (Registered number: SC098494)






Contents of the Financial Statements
for the Year Ended 31 August 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Buchan Agricultural Consultants
Limited

Company Information
for the Year Ended 31 August 2019







DIRECTORS: Dr Gerald Peter Banks
Mrs Mary M Banks





SECRETARY: Mrs Mary M Banks





REGISTERED OFFICE: Newstead
Brewery Road
Strichen
Fraserburgh
Aberdeenshire
AB43 6TH





REGISTERED NUMBER: SC098494 (Scotland)





ACCOUNTANTS: Acumen Accountants & Advisors Limited
Acumen House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN
Page 1
Buchan Agricultural Consultants
Limited (Registered number: SC098494)

Balance Sheet
31 August 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Investments 5 100 100

CURRENT ASSETS
Debtors 6 214 27,748
Cash at bank 18,466 16,128
18,680 43,876
CREDITORS
Amounts falling due within one year 7 850 10,686
NET CURRENT ASSETS 17,830 33,190
TOTAL ASSETS LESS CURRENT
LIABILITIES
17,930
33,290

CAPITAL AND RESERVES
Called up share capital 203 203
Retained earnings 17,727 33,087
SHAREHOLDERS' FUNDS 17,930 33,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2020 and were signed on its
behalf by:





Dr Gerald Peter Banks - Director


The notes form part of these financial statements

Page 2
Buchan Agricultural Consultants
Limited (Registered number: SC098494)

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

1. STATUTORY INFORMATION

Buchan Agricultural Consultants 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.


The presentation currency is sterling.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained
Earnings, 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - 2 ).

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2018
and 31 August 2019 100
NET BOOK VALUE
At 31 August 2019 100
At 31 August 2018 100

Page 3 continued...
Buchan Agricultural Consultants
Limited (Registered number: SC098494)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2019

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors - 22,966
Prepayments 214 236
Other debtors - 4,546
214 27,748

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors - 10,000
Directors' current accounts 250 86
Accrued expenses 600 600
850 10,686

The loan form the director is interest free with no fixed terms of repayment.

8. CONTROLLING INTEREST

The company is controlled by Dr Gerald Banks and his wife who own 99% of the company's issued share capital.

Page 4
Buchan Agricultural Consultants
Limited

Report of the Accountants to the Directors of
Buchan Agricultural Consultants
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are
not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2019 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Acumen Accountants & Advisors Limited
Acumen House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


27 May 2020

This page does not form part of the statutory financial statements

Page 5