M. Ratter Limited - Limited company - abbreviated

REGISTERED NUMBER: SC274523 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

M. Ratter Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M Ratter

SECRETARY:

Ms L Ratter

REGISTERED OFFICE:

2 North Ness Business Park

Lerwick

Shetland

ZE1 0LZ

REGISTERED NUMBER:

SC274523 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

2 North Ness Business Park

Lerwick

Shetland

ZE1 0LZ

FIXED ASSETS

Tangible assets

2

29,416

11,115

Investments

3

100

29,516

11,215

CURRENT ASSETS

Debtors

119

179

Cash at bank

24,024

26,247

24,143

26,426

CREDITORS

Amounts falling due within one year

4,660

3,481

NET CURRENT ASSETS

19,483

22,945

TOTAL ASSETS LESS CURRENT
LIABILITIES

48,999

34,160

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

48,997

34,158

SHAREHOLDERS' FUNDS

48,999

34,160

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 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 3 July 2015 and were signed by:

M Ratter - 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 services, excluding value added tax.

Tangible fixed assets

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

Tenants improvements

-

10% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

20,604

Additions

22,891

At 31 October 2014

43,495

DEPRECIATION

At 1 November 2013

9,489

Charge for year

4,590

At 31 October 2014

14,079

NET BOOK VALUE

At 31 October 2014

29,416

At 31 October 2013

11,115

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 November 2013

and 31 October 2014

100

NET BOOK VALUE

At 31 October 2014

100

At 31 October 2013

100

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

2

Ordinary

£1

2

M. Ratter Limited - Limited company - abbreviated - 11.6

M. Ratter Limited - Limited company - abbreviated - 11.6