Birnam Securities (Glasgow) Ltd - Limited company - abbreviated

REGISTERED NUMBER: SC054366 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Birnam Securities (Glasgow) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr John McBeth

Mrs Frances McBeth

Mr Andrew John McBeth

Mr David Francis McBeth

Mr Mark William Mcbeth

Mr John Joseph McBeth

SECRETARY:

Mrs Frances McBeth

REGISTERED OFFICE:

33 Golf Course

Girvan

South Ayrshire

KA26 9HW

REGISTERED NUMBER:

SC054366 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Tangible assets

2

262,266

262,450

CURRENT ASSETS

Debtors

6,635

6,810

Cash at bank

80,114

56,718

86,749

63,528

CREDITORS

Amounts falling due within one year

94,363

60,506

NET CURRENT (LIABILITIES)/ASSETS

(7,614

)

3,022

TOTAL ASSETS LESS CURRENT
LIABILITIES

254,652

265,472

CAPITAL AND RESERVES

Called up share capital

3

50,250

Revaluation reserve

145,524

Other reserves

33,293

Profit and loss account

25,585

36,405

SHAREHOLDERS' FUNDS

254,652

265,472

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 14 December 2015 and were signed on
its behalf by:

Mr John McBeth - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller

Entities (effective April 2008).

Turnover

Turnover represents rental income and charges.

Tangible fixed assets

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

useful life.

Computer equipment - 15% reducing balance

Heritable property - not provided

No depreciation is provided on investment properties. In the opinion of the directors the current

market value of the properties is consistent with the figure in the financial accounts and will continue

to be at similar levels. As such any depreciation charge would be immaterial.

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 OR VALUATION

At 1 April 2014

and 31 March 2015

265,842

DEPRECIATION

At 1 April 2014

3,392

Charge for year

184

At 31 March 2015

3,576

NET BOOK VALUE

At 31 March 2015

262,266

At 31 March 2014

262,450

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

50,250

Ordinary

£1

50,250

Birnam Securities (Glasgow) Ltd - Limited company - abbreviated - 11.9

Birnam Securities (Glasgow) Ltd - Limited company - abbreviated - 11.9