Garth Wind Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC451598 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Garth Wind Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C H Dickie

North Yell Development Council

REGISTERED OFFICE:

The Galley Shed

Cullivoe

Yell

Shetland

ZE2 9DD

REGISTERED NUMBER:

SC451598 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

2 North Ness Business Park

Lerwick

Shetland

ZE1 0LZ

FIXED ASSETS

Tangible assets

2

162,134

162,134

CURRENT ASSETS

Debtors

9,946

8,622

Cash at bank

20

102

9,966

8,724

CREDITORS

Amounts falling due within one year

10,582

30,155

NET CURRENT LIABILITIES

(616

)

(21,431

)

TOTAL ASSETS LESS CURRENT LIABILITIES

161,518

140,703

CREDITORS

Amounts falling due after more than one year

(131,287

)

(103,522

)

ACCRUALS AND DEFERRED INCOME

(37,330

)

(37,330

)

NET LIABILITIES

(7,099

)

(149

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(7,100

)

(150

)

SHAREHOLDERS' FUNDS

(7,099

)

(149

)

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 29 January 2016 and were signed on its behalf by:

C H Dickie - 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).

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

-

at varying rates on cost

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 1 April 2014

and 31 March 2015

162,134

NET BOOK VALUE

At 31 March 2015

162,134

At 31 March 2014

162,134

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

4.	GOING CONCERN

The company's balance sheet was in deficit at the balance sheet date. This position was rectified shortly after the

balance sheet date so the accounts have been prepared on a going concern basis.