Skovfish Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC299767 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Skovfish Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Graham David West

SECRETARY:

Mrs Elizabeth West

REGISTERED OFFICE:

15 Kennedy Place

Fraserburgh

Aberdeenshire

AB43 9FJ

REGISTERED NUMBER:

SC299767 (Scotland)

ACCOUNTANTS:

Acumen Accountants & Advisors Limited

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

FIXED ASSETS

Tangible assets

2

68

90

CURRENT ASSETS

Cash at bank

113,248

95,440

CREDITORS

Amounts falling due within one year

25,731

25,593

NET CURRENT ASSETS

87,517

69,847

TOTAL ASSETS LESS CURRENT LIABILITIES

87,585

69,937

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

87,583

69,935

SHAREHOLDERS' FUNDS

87,585

69,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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 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 director on 30 April 2015 and were signed by:

Graham David West - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is

recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery etc

-

25% reducing balance

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

900

DEPRECIATION

At 1 April 2014

810

Charge for year

22

At 31 March 2015

832

NET BOOK VALUE

At 31 March 2015

68

At 31 March 2014

90

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2