Ladeside Limited - Limited company - abbreviated

REGISTERED NUMBER: SC426795 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

LADESIDE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S W Wilson

SECRETARY:

S Mooney

REGISTERED OFFICE:

8 John Street

Glasgow

United Kingdom

Lanarkshire

G1 1JQ

REGISTERED NUMBER:

SC426795 (Scotland)

FIXED ASSETS

Investments

2

3,250,000

CURRENT ASSETS

Debtors

8,509

5,612

NET CURRENT ASSETS

8,509

5,612

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,258,509

3,255,612

CREDITORS

Amounts falling due after more than one
year

3

3,412,295

3,358,295

NET LIABILITIES

(153,786

)

(102,683

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(153,788

)

(102,685

)

SHAREHOLDERS' FUNDS

(153,786

)

(102,683

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 29 March 2016 and were signed by:

S W Wilson - 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).

Deferred tax

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

sheet date.

Fixed asset investments

Fixed asset investments are initially recorded at cost and provisions made for any subsequent diminution in

value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2014

and 30 June 2015

3,250,000

NET BOOK VALUE

At 30 June 2015

3,250,000

At 30 June 2014

3,250,000

The above represents the company's investment in Longstone Retail LLP.

3.

CREDITORS

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

2015

2014

£

Repayable otherwise than by instalments

2,700,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

1

2

Ladeside Limited - Limited company - abbreviated - 11.9

Ladeside Limited - Limited company - abbreviated - 11.9