Abbreviated Company Accounts - OSPREY FINANCIAL (SCOTLAND) LIMITED

Abbreviated Company Accounts - OSPREY FINANCIAL (SCOTLAND) LIMITED


Registered Number SC375917

OSPREY FINANCIAL (SCOTLAND) LIMITED

Abbreviated Accounts

31 March 2015

OSPREY FINANCIAL (SCOTLAND) LIMITED Registered Number SC375917

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,206 2,690
2,206 2,690
Current assets
Cash at bank and in hand 63,271 70,566
63,271 70,566
Creditors: amounts falling due within one year (32,861) (17,646)
Net current assets (liabilities) 30,410 52,920
Total assets less current liabilities 32,616 55,610
Total net assets (liabilities) 32,616 55,610
Capital and reserves
Called up share capital 3 3 3
Profit and loss account 32,613 55,607
Shareholders' funds 32,616 55,610
  • 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.

Approved by the Board on 29 December 2015

And signed on their behalf by:
Michael Begg, Director

OSPREY FINANCIAL (SCOTLAND) LIMITED Registered Number SC375917

Notes to the Abbreviated Accounts for the period ended 31 March 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 consists entirely of sales made in the United Kingdom

Tangible assets depreciation policy
The cost of tangible fixed assets is their purchase cost together with any incidental costs of acquisition. Depreciation is calculated so as to write off the cost of tangible fixed assets , less their estimated residual values , on a reducing value basis over the expected useful economic lives of the assets concerned

2Tangible fixed assets
£
Cost
At 1 April 2014 2,690
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 2,690
Depreciation
At 1 April 2014 -
Charge for the year 484
On disposals -
At 31 March 2015 484
Net book values
At 31 March 2015 2,206
At 31 March 2014 2,690
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 A Ordinary share of £1 each 1 1
2 B Ordinary shares of £1 each 2 2