Streamline Taxis Scotland Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC338563 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

FOR

STREAMLINE TAXIS SCOTLAND LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Wilkie

Mrs C M Wilkie

REGISTERED OFFICE:

Level One

211 Dumbarton Road

Mansfield Park

Glasgow

G11 6AA

REGISTERED NUMBER:

SC338563 (Scotland)

ACCOUNTANTS:

Independent Accountants in Scotland Limited

Level One

211 Dumbarton Road

Mansfield Park

Glasgow

G11 6AA

FIXED ASSETS

Tangible assets

2

-

75,447

Investments

3

280,293

280,293

280,293

355,740

CURRENT ASSETS

Debtors

-

138,348

Cash at bank and in hand

70

6,122

70

144,470

CREDITORS

Amounts falling due within one year

236,338

395,457

NET CURRENT LIABILITIES

(236,268

)

(250,987

)

TOTAL ASSETS LESS CURRENT LIABILITIES

44,025

104,753

CREDITORS

Amounts falling due after more than one year

4

12,892

93,010

NET ASSETS

31,133

11,743

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

31,033

11,643

SHAREHOLDERS' FUNDS

31,133

11,743

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 4 February 2016 and were signed on its behalf by:

G Wilkie - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

107,029

Disposals

(107,029

)

At 28 February 2014

-

DEPRECIATION

At 1 March 2013

31,582

Charge for year

16,875

Eliminated on disposal

(48,457

)

At 28 February 2014

-

NET BOOK VALUE

At 28 February 2014

-

At 28 February 2013

75,447

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 March 2013

and 28 February 2014

280,293

NET BOOK VALUE

At 28 February 2014

280,293

At 28 February 2013

280,293

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

12,892

49,391

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100