Abbreviated Company Accounts - KEOGH & SAVAGE (INVESTMENTS) LIMITED

KEOGH & SAVAGE (INVESTMENTS) LIMITED - Company Information

Registered Number SC042634

KEOGH & SAVAGE (INVESTMENTS) LIMITED

Abbreviated Accounts

31 January 2015

KEOGH & SAVAGE (INVESTMENTS) LIMITED Registered Number SC042634

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	844,603	843,710
		844,603	843,710
Current assets
Debtors		144,551	96,589
Cash at bank and in hand		917	5,234
		145,468	101,823
Creditors: amounts falling due within one year		(487,033)	(435,873)
Net current assets (liabilities)		(341,565)	(334,050)
Total assets less current liabilities		503,038	509,660
Total net assets (liabilities)		503,038	509,660
Capital and reserves
Called up share capital		100	100
Revaluation reserve		354,466	354,466
Profit and loss account		148,472	155,094
Shareholders' funds		503,038	509,660

For the year ending 31 January 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 October 2015

And signed on their behalf by:
Flora McDeonald Keogh, Director

KEOGH & SAVAGE (INVESTMENTS) LIMITED Registered Number SC042634

Notes to the Abbreviated Accounts for the period ended 31 January 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and fittings..............................25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2014	896,362
Additions	1,693
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	898,055
Depreciation
At 1 February 2014	52,652
Charge for the year	800
On disposals	-
At 31 January 2015	53,452
Net book values
At 31 January 2015	844,603
At 31 January 2014	843,710