Abbreviated Company Accounts - SF STRUCTURES SCOTLAND LTD

SF STRUCTURES SCOTLAND LTD - Company Information

Registered Number SC450766

SF STRUCTURES SCOTLAND LTD

Abbreviated Accounts

31 May 2015

SF STRUCTURES SCOTLAND LTD Registered Number SC450766

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	268	127
		268	127
Current assets
Debtors		4,010	2,046
Cash at bank and in hand		24,187	14,247
		28,197	16,293
Creditors: amounts falling due within one year		(3,612)	(3,697)
Net current assets (liabilities)		24,585	12,596
Total assets less current liabilities		24,853	12,723
Creditors: amounts falling due after more than one year		(3,653)	(2,990)
Total net assets (liabilities)		21,200	9,733
Capital and reserves
Called up share capital		100	100
Profit and loss account		21,100	9,633
Shareholders' funds		21,200	9,733

For the year ending 31 May 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 15 December 2015

And signed on their behalf by:
Steven Ferguson, Director

SF STRUCTURES SCOTLAND LTD Registered Number SC450766

Notes to the Abbreviated Accounts for the period ended 31 May 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant & Machinery 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2014	170
Additions	230
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	400
Depreciation
At 1 June 2014	43
Charge for the year	89
On disposals	-
At 31 May 2015	132
Net book values
At 31 May 2015	268
At 31 May 2014	127