Accounts filed on 31-12-2014
Accounts filed on 31-12-2014
Registered number: SC153711 | ||||||||
FOR THE YEAR ENDED 31/12/2014 | ||||||||
Prepared By: | ||||||||
Chartered Certified Accountants | ||||||||
Edinburgh | ||||||||
Scot Tile Contracts Limited | ||||||||
ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED | ||||||||
INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 4 | |||||||
The company's registered number is SC153711 | ||||||||
Scot Tile Contracts Limited | ||||||||
Registered Number: SC153711 | ||||||||||
BALANCE SHEET AT 31/12/2014 | ||||||||||
2014 | 2013 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
Investments | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors (amounts falling due within one year) | 4 | |||||||||
Cash at bank and in hand | ||||||||||
463,059 | ||||||||||
CREDITORS: Amounts falling due within one year | ||||||||||
NET CURRENT ASSETS | ||||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | |||||||||
PROVISIONS FOR LIABILITIES | ||||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | ||||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Scot Tile Contracts Limited | ||||||||
Registered Number: SC153711 | ||||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
............................. | ||||||||||
John Ian Patrick | ||||||||||
Director | ||||||||||
Scot Tile Contracts Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2014 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
1b. Cash Flow Statement | ||||||||
1c. Depreciation | ||||||||
Fixtures and Fittings | ||||||||
Motor Cars |
1d. Stocks | ||||||||
1e. Taxation | ||||||||
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted. |
1f. Pension Costs | ||||||||
1g. Turnover | ||||||||
Scot Tile Contracts Limited | ||||||||
1h. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. TANGIBLE FIXED ASSETS | ||||||||
Short Leasehold | Fixtures | |||||||
Properties | and Fittings | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/01/2014 | ||||||||
At 31/12/2014 | 2,122 | 26,048 | 52,978 | 81,148 | ||||
Depreciation | ||||||||
At 01/01/2014 | ||||||||
For the year | ||||||||
At 31/12/2014 | ||||||||
Net Book Amounts | ||||||||
At 31/12/2014 | ||||||||
At 31/12/2013 | ||||||||
3. INVESTMENT FIXED ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/01/2014 | |||||||||
At 31/12/2014 | |||||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/12/2014 | |||||||||
At 31/12/2013 | |||||||||
Scot Tile Contracts Limited | ||||||||
4. DEBTORS | 2014 | 2013 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | ||||||||
VAT | ||||||||
Other debtors | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2014 | 2013 | |||||||
£ | £ | |||||||
Other creditors | - | 3,250 | ||||||
Included in other creditors are: | ||||||||
Obligations under finance leases | - | 3,250 | ||||||
6. SHARE CAPITAL | 2014 | 2013 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
7. RELATED PARTY TRANSACTIONS | ||||||||
2014 - KD Smith - £0; E Smith - £16,036 (2013 - £18,851); JI Patrick - £905.80 (2013 - £3,906). | ||||||||
Scot Tile Contracts Limited | ||||||||
8. TRANSACTIONS WITH DIRECTORS | ||||||||
At 31 December 2013 an accumulated total of £16,712 (2013 - £22,757) was due to the directors from the company, detailed as follows: | ||||||||
The loans are interest free, unsecured and repayable on demand. The maximum amount outstanding during the year was £22,757. | ||||||||
9. CONTROLLING PARTY | ||||||||