1A GLADSTONE PLACE LTD - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC246084 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015

FOR

1A GLADSTONE PLACE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTOR:

Mrs B Bain

SECRETARY:

J Bain

REGISTERED OFFICE:

1a Gladstone Place

Stirling

Central

FK8 2NN

REGISTERED NUMBER:

SC246084 (Scotland)

ACCOUNTANTS:

James Bain & Co Ltd

16 Melville Terrace

Stirling

FK8 2NE

FIXED ASSETS

Tangible assets

2

1,879

2,211

CURRENT ASSETS

Stocks

705

685

Cash at bank

3,134

2,851

3,839

3,536

CREDITORS

Amounts falling due within one year

1,601

1,874

NET CURRENT ASSETS

2,238

1,662

TOTAL ASSETS LESS CURRENT LIABILITIES

4,117

3,873

CREDITORS

Amounts falling due after more than one year

-

910

NET ASSETS

4,117

2,963

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

4,116

2,962

SHAREHOLDERS' FUNDS

4,117

2,963

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Barbara Bain, Director the director on 18th November 2015 and were signed by:

Mrs B 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 net invoiced sales of goods, 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.

Plant and machinery etc

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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 1st April 2014

and 31st March 2015

8,116

DEPRECIATION

At 1st April 2014

5,905

Charge for year

332

At 31st March 2015

6,237

NET BOOK VALUE

At 31st March 2015

1,879

At 31st March 2014

2,211

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

1

Ordinary

£1

1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2015 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

James Bain & Co Ltd

16 Melville Terrace

Stirling

FK8 2NE

18th November 2015