Stewart Lodge (Scotland) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC223375 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2014

for

Stewart Lodge (Scotland) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs E Craig

S Craig

SECRETARY:

S Craig

REGISTERED OFFICE:

4 Atholl Crescent

Perth

Perthshire

PH1 5NG

REGISTERED NUMBER:

SC223375 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

4 Atholl Crescent

Perth

Perthshire

PH1 5NG

FIXED ASSETS

Tangible assets

2

20,379

27,379

CURRENT ASSETS

Debtors

7,975

43,024

Cash at bank

29,717

43,231

37,692

86,255

CREDITORS

Amounts falling due within one year

62,432

11,683

NET CURRENT (LIABILITIES)/ASSETS

(24,740

)

74,572

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,361

)

101,951

CAPITAL AND RESERVES

Called up share capital

3

10,000

103,002

Profit and loss account

(14,361

)

(1,051

)

SHAREHOLDERS' FUNDS

(4,361

)

101,951

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2015 and were signed on its behalf by:

Mrs E Craig - Director

1.	ACCOUNTING POLICIES

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Office equipment

-

33% on cost

Going concern

These financial statements have been prepared on the going concern basis. The company is reliant on

the continued support of its director.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

42,344

Additions

2,095

At 31 August 2014

44,439

DEPRECIATION

At 1 September 2013

14,965

Charge for year

9,095

At 31 August 2014

24,060

NET BOOK VALUE

At 31 August 2014

20,379

At 31 August 2013

27,379

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10,000

Ordinary

£1

10,000

103,002

(2013 - 103,002 )

The share capital was reduced by £93,002 during the year.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2014

and 31 August 2013:

2014

2013

£

£

Mrs E Craig

Balance outstanding at start of year

35,487

26,489

Amounts advanced

12,739

11,245

Amounts repaid

(95,634

)

(2,247

)

Balance outstanding at end of year

(47,408

)

35,487

5.	CONTROLLING PARTY