C. Spratt Multiutility Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC330796 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

C. Spratt Multiutility Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C L Spratt

SECRETARY:

J R Spratt

REGISTERED OFFICE:

No 10 Darluith Park

Brookfield

Renfrewshire

PA5 8DD

REGISTERED NUMBER:

SC330796 (Scotland)

ACCOUNTANT:

Chris Lennox C.A.

4 Cairnhill Road

Bearsden

Glasgow

G61 1AT

FIXED ASSETS

Tangible assets

2

341,011

238,926

CURRENT ASSETS

Debtors

510,481

273,766

Cash at bank

1,208,003

664,764

1,718,484

938,530

CREDITORS

Amounts falling due within one year

631,172

433,304

NET CURRENT ASSETS

1,087,312

505,226

TOTAL ASSETS LESS CURRENT LIABILITIES

1,428,323

744,152

PROVISIONS FOR LIABILITIES

67,307

37,331

NET ASSETS

1,361,016

706,821

CAPITAL AND RESERVES

Called up share capital

3

1,200

1,200

Profit and loss account

1,359,816

705,621

SHAREHOLDERS' FUNDS

1,361,016

706,821

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 26 June 2015 and were signed by:

C L Spratt - 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

-

20% on cost

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

304,151

Additions

192,742

Disposals

(15,944

)

At 30 September 2014

480,949

DEPRECIATION

At 1 October 2013

65,225

Charge for year

84,271

Eliminated on disposal

(9,558

)

At 30 September 2014

139,938

NET BOOK VALUE

At 30 September 2014

341,011

At 30 September 2013

238,926

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Class A

£1

1,000

1,000

100

Class B

£1

100

100

100

Class C

£1

100

100

1,200

1,200

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director's current account continues in credit. Opening balance was £ 8,700 closing balance £450 .