Auchmore Power Ltd - Limited company - abbreviated - 11.6
Auchmore Power Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 31 August 2014 |
for |
Auchmore Power Ltd |
Auchmore Power Ltd (Registered number: SC406866) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 August 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Accountants' Report | 4 |
Auchmore Power Ltd |
Company Information |
for the Year Ended 31 August 2014 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Auchmore Power Ltd (Registered number: SC406866) |
Abbreviated Balance Sheet |
31 August 2014 |
31.8.14 | 31.8.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his 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 were approved by the director on |
Auchmore Power Ltd (Registered number: SC406866) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 August 2014 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements - going concern |
As at the year end, the company had net current liabilities of £96,006 and is therefore reliant on the continuing |
support of the director, who has confirmed his intention to continue to support the company. |
On the above basis, the director considers that the accounts should be prepared on a going concern basis. |
Accounting convention |
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). |
Deferred tax |
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment |
of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are |
expected to apply in the periods when the timing differences will reverse and has not been discounted. |
Investment in limited liability partnerships |
The company's investments in limited liability partnerships are included under fixed asset investments. Its share |
of the pre-tax profits/(losses) of the partnerships is included in the profit and loss account as other operating |
income. |
2. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 September 2013 | 5,035 |
Additions | 57,930 |
Share of profit/(loss) | 27,176 |
At 31 August 2014 | 90,141 |
NET BOOK VALUE |
At 31 August 2014 |
At 31 August 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.14 | 31.8.13 |
value: | £ | £ |
Ordinary | £1 |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
Auchmore Power Ltd |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Auchmore Power Ltd for the year ended 31 August 2014 which comprise the Profit and Loss |
Account, the Balance Sheet, and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance. |
This report is made solely to the director of Auchmore Power Ltd in accordance with the terms of our engagement letter dated 8 May 2012. Our work has been undertaken solely to prepare for your approval the financial statements of Auchmore Power Ltd and state those matters that we have agreed to state to the director of Auchmore Power Ltd in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that Auchmore Power Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Auchmore Power Ltd. You consider that Auchmore Power Ltd 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 financial statements of Auchmore Power Ltd. 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 financial statements. |
29 May 2015 |