Plantation Community Association

Plantation Community Association

PLANTATION COMMUNITY ASSOCIATION - Company Information

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1 January 2019 false No description of principal activity Taxfiler 2020.11 SC484583business:PrivateLimitedCompanyLtd2019-01-012019-12-31 SC4845832018-12-31 SC4845832019-01-012019-12-31 SC484583business:AuditExemptWithAccountantsReport2019-01-012019-12-31 SC484583business:FullAccounts2019-01-012019-12-31 SC4845832019-12-31 SC484583business:Director12019-01-012019-12-31 SC484583business:Director22019-01-012019-12-31 SC484583business:Director32019-01-012019-12-31 SC484583business:RegisteredOffice2019-01-012019-12-31 SC4845832018-12-31 SC484583core:WithinOneYear2019-12-31 SC484583core:WithinOneYear2018-12-31 SC484583core:RetainedEarningsAccumulatedLosses2019-12-31 SC484583core:RetainedEarningsAccumulatedLosses2018-12-31 SC484583business:SmallEntities2019-01-012019-12-31 SC484583countries:Scotland2019-01-012019-12-31 SC484583core:OtherPropertyPlantEquipment2019-01-012019-12-31 SC484583core:LandBuildings2018-12-31 SC484583core:LandBuildings2019-12-31 SC484583core:LandBuildings2019-01-012019-12-31 SC4845832018-01-012018-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC484583 (Scotland)
Plantation Community Association Unaudited accounts for the year ended 31 December 2019
Plantation Community Association Unaudited accounts Contents
Page
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Plantation Community Association Company Information for the year ended 31 December 2019
Directors
S Lamont R M K McCook C McLeish
Company Number
SC484583 (Scotland)
Registered Office
An Drochaid Claggan Road Fort William PH33 6PH
Accountants
Sarah Kennedy Nevis Accountancy Services An Drochaid, Claggan Road Claggan, Fort William Inverness-shire PH33 6PH
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Plantation Community Association for the year ended 31 December 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Plantation Community Association for the year ended 31 December 2019 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Plantation Community Association, as a body, in accordance with the terms of our engagement letter dated 28 August 2019. Our work has been undertaken solely to prepare for your approval the accounts of Plantation Community Association and state those matters that we have agreed to state to the Board of Directors of Plantation Community Association, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Plantation Community Association and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Plantation Community Association has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Plantation Community Association. You consider that Plantation Community Association is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Plantation Community Association. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sarah Kennedy Chartered Certified Accountants Nevis Accountancy Services An Drochaid, Claggan Road Claggan, Fort William Inverness-shire PH33 6PH 25 August 2020
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Plantation Community Association Statement of financial position as at 31 December 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
178,655 
190,565 
Current assets
Cash at bank and in hand
5,867 
6,929 
Creditors: amounts falling due within one year
5
(183,815)
(195,766)
Net current liabilities
(177,948)
(188,837)
Net assets
707 
1,728 
Capital and reserves
Profit and loss account
707 
1,728 
Shareholders' funds
707 
1,728 
For the year ending 31 December 2019 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2020 and were signed on its behalf by
S Lamont Director Company Registration No. SC484583
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Plantation Community Association Notes to the Accounts for the year ended 31 December 2019
1
Statutory information
Plantation Community Association is a private company, limited by shares, registered in Scotland, registration number SC484583. The registered office is An Drochaid, Claggan Road, Fort William, PH33 6PH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
20 years
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2019
238,205 
At 31 December 2019
238,205 
Depreciation
At 1 January 2019
47,640 
Charge for the year
11,910 
At 31 December 2019
59,550 
Net book value
At 31 December 2019
178,655 
At 31 December 2018
190,565 
5
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Taxes and social security
- 
41 
Other creditors
5,000 
5,000 
Accruals
160 
160 
Deferred income
178,655 
190,565 
183,815 
195,766 
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Plantation Community Association Notes to the Accounts for the year ended 31 December 2019
6
Average number of employees
During the year the average number of employees was 0 (2018: 0).
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