Classhappy Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC136953 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

CLASSHAPPY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A G Bain

Mrs K J Bain

SECRETARY:

A G Bain

REGISTERED OFFICE:

Letham Acredales

Haddington

EAST LOTHIAN

EH41 4NW

REGISTERED NUMBER:

SC136953 (Scotland)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

BANKERS:

Bank of Scotland

44 Court Street

Haddington

EH41 3NP

SOLICITORS:

Garden Stirling Burnet

56 Court Street

Haddington

East Lothian

EH41 33AF

FIXED ASSETS

Tangible assets

2

85,694

85,694

CURRENT ASSETS

Debtors

18,046

17,826

Cash at bank

1,250

1,083

19,296

18,909

CREDITORS

Amounts falling due within one year

1,344

1,329

NET CURRENT ASSETS

17,952

17,580

TOTAL ASSETS LESS CURRENT LIABILITIES

103,646

103,274

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

103,546

103,174

SHAREHOLDERS' FUNDS

103,646

103,274

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 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 20 August 2015 and were signed on its behalf by:

A G Bain - Director

Mrs K J Bain - 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 rent receivable in the year.

Tangible fixed assets

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

Land & buildings

-

not provided

Plant and machinery

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

89,291

DEPRECIATION

At 1 June 2014

and 31 May 2015

3,597

NET BOOK VALUE

At 31 May 2015

85,694

At 31 May 2014

85,694

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES