Accounts filed on 31-03-2015

Accounts filed on 31-03-2015

SCOT TRUCK FORKLIFTS LIMITED - Company Information

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SCOT TRUCK FORKLIFTS LIMITED

Company Registration Number:
SC181533 (Scotland)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2014

End date: 31 March 2015

SCOT TRUCK FORKLIFTS LIMITED

Abbreviated Balance sheet

As at 31 March 2015


Notes
2015
£
2014
£
Fixed assets
Tangible assets: 2 128,094 143,018
Total fixed assets: 128,094 143,018
Current assets
Stocks: 27,353 25,928
Debtors: 72,375 55,613
Cash at bank and in hand: 22,046 62,929
Total current assets: 121,774 144,470
Creditors: amounts falling due within one year: ( 173,802 ) ( 217,233 )
Net current assets (liabilities): ( 52,028 ) ( 72,763 )
Total assets less current liabilities: 76,066 70,255
Total net assets (liabilities): 76,066 70,255

The notes form part of these financial statements

SCOT TRUCK FORKLIFTS LIMITED

Balance sheet continued

As at 31 March 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 100 100
Profit and loss account: 75,966 70,155
Shareholders funds: 76,066 70,255

For the year ending 31 March 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.

The financial statements were approved by the Board of Directors on 30 December 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Ian Nish
Status: Director

The notes form part of these financial statements

SCOT TRUCK FORKLIFTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    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 policy

    The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of an asset, less it's estimated residual value, over the useful economic life of that asset as follows:

    Fleet Trucks - 10% straight line
    Motor Vehicle - 25% straight line
    Equipment - 10% straight line

SCOT TRUCK FORKLIFTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 2. Tangible assets

    Total
    Cost £
    01 April 2014: 217,397
    Additions: 17,254
    Disposals: ( 17,916 )
    Revaluations: 0
    Transfers: 0
    31 March 2015: 216,735
    Depreciation
    01 April 2014: 74,379
    Charge for year: 21,299
    On disposals: ( 7,037 )
    Other adjustments: 0
    31 March 2015: 88,641
    Net book value
    31 March 2015: 128,094
    31 March 2014: 143,018

SCOT TRUCK FORKLIFTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100