BMG Surveys Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC408887 (Scotland)

Abbreviated Accounts

For The Year Ended 31 October 2015

for

BMG Surveys Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B McGrory

REGISTERED OFFICE:

34 Cortmalaw Gate

Glasgow

G33 1TH

REGISTERED NUMBER:

SC408887 (Scotland)

ACCOUNTANTS:

Cahill Jack Associates Limited

91 Alexander Street

Airdrie

North Lanarkshire

ML6 0BD

FIXED ASSETS

Tangible assets

2

7,252

9,270

CURRENT ASSETS

Debtors

133,256

66,532

Cash at bank

182,488

132,674

315,744

199,206

CREDITORS

Amounts falling due within one year

121,550

53,090

NET CURRENT ASSETS

194,194

146,116

TOTAL ASSETS LESS CURRENT LIABILITIES

201,446

155,386

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

201,346

155,286

SHAREHOLDERS' FUNDS

201,446

155,386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 11 February 2016 and were signed by:

B McGrory - 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 sales of professional survey services,excluding VAT

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

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 November 2014

19,758

Additions

399

At 31 October 2015

20,157

DEPRECIATION

At 1 November 2014

10,488

Charge for year

2,417

At 31 October 2015

12,905

NET BOOK VALUE

At 31 October 2015

7,252

At 31 October 2014

9,270

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100