Abbreviated Company Accounts - NEW SILVERMILLS CAR PARK CO. LIMITED

NEW SILVERMILLS CAR PARK CO. LIMITED - Company Information

SC202130 NEW SILVERMILLS CAR PARK CO. LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true SC202130 2014-08-01 2015-07-31 SC202130 2015-07-31 SC202130 2014-07-31 SC202130 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 SC202130 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number SC202130

NEW SILVERMILLS CAR PARK CO. LIMITED

Abbreviated Accounts

31 July 2015

NEW SILVERMILLS CAR PARK CO. LIMITED Registered Number SC202130

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		11,172	12,831
Cash at bank and in hand		616	3,454
		11,788	16,285
Creditors: amounts falling due within one year		(4,202)	(5,348)
Net current assets (liabilities)		7,586	10,937
Total assets less current liabilities		7,586	10,937
Total net assets (liabilities)		7,586	10,937
Capital and reserves
Called up share capital	2	72	72
Other reserves		1	1
Profit and loss account		7,513	10,864
Shareholders' funds		7,586	10,937

For the year ending 31 July 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 20 January 2016

And signed on their behalf by:
Simon Guest, Director

NEW SILVERMILLS CAR PARK CO. LIMITED Registered Number SC202130

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared on the historical cost basis of accounting and have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents value of the goods and services supplied by the company during the year, excluding value added tax.

Other accounting policies
Going concern:

The directors are of the opinion that the company can meet its obligations as they fall due for the forseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Deferred taxation:

Deferred tax is provided in respect of the tax effect of all timing differences that have originated but not reversed at the balance sheet date.

A deferred tax asset is regarded as recoverable and therefore recognised only when, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on a nondiscounted basis, at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
72 Ordinary shares of £1 each	72	72