Gilmarad Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC093068 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

FOR

GILMARAD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr Stanley Ivan Lovatt

Mrs Carole Lovatt

SECRETARY:

Mrs Carole Lovatt

REGISTERED OFFICE:

C/O D.M. McNaught & Co.

166 Buchanan Street

Glasgow

G1 2LS

REGISTERED NUMBER:

SC093068 (Scotland)

ACCOUNTANTS:

D M McNaught & Co Ltd

Chartered Accountants

166 Buchanan Street

Glasgow

Lanarkshire

G1 2LW

BANKERS:

The Royal Bank of Scotland plc

Paisley Chief Office

1 Moncrieff Street

Paisley

PA3 2AW

CURRENT ASSETS

Debtors

29,589

29,919

CREDITORS

Amounts falling due within one year

31,469

31,469

NET CURRENT LIABILITIES

(1,880

)

(1,550

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,880

)

(1,550

)

CAPITAL AND RESERVES

Called up share capital

2

500

500

Profit and loss account

(2,380

)

(2,050

)

SHAREHOLDERS' FUNDS

(1,880

)

(1,550

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 21 May 2015 and were signed on its behalf by:

Mr Stanley Ivan Lovatt - Director

1.	ACCOUNTING POLICIES

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 tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

500

Ordinary

£1

500

500

3.	ULTIMATE PARENT COMPANY

The company's ultimate parent undertaking is Bruce Finance Limited, a company registered in Scotland.