Highland Island Ltd. - Limited company - abbreviated

REGISTERED NUMBER: SC307792 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2015

FOR

HIGHLAND ISLAND LTD.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K J MacDonald

REGISTERED OFFICE:

55 Castlebay Court

Largs

Ayrshire

KA30 8DP

REGISTERED NUMBER:

SC307792 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

58 Queens Road

Aberdeen

Grampian

AB15 4YE

FIXED ASSETS

Tangible assets

2

2,110

3,066

CURRENT ASSETS

Debtors

9,353

1,258

Cash at bank

5,680

32,105

15,033

33,363

CREDITORS

Amounts falling due within one year

12,868

20,148

NET CURRENT ASSETS

2,165

13,215

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,275

16,281

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

4,175

16,181

SHAREHOLDERS' FUNDS

4,275

16,281

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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 30 October 2015 and were signed by:

K J MacDonald - 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.

Fixtures and fittings

-

15% on cost

Computer equipment

-

15% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

6,883

DEPRECIATION

At 1 September 2014

3,817

Charge for year

956

At 31 August 2015

4,773

NET BOOK VALUE

At 31 August 2015

2,110

At 31 August 2014

3,066

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

100

Ordinary

£1

100

Highland Island Ltd. - Limited company - abbreviated - 11.9

Highland Island Ltd. - Limited company - abbreviated - 11.9