Abbreviated Company Accounts - BALLANTYNES SCOTLAND LIMITED

BALLANTYNES SCOTLAND LIMITED - Company Information

SC390247 BALLANTYNES SCOTLAND LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true SC390247 2015-01-01 2015-12-31 SC390247 2015-12-31 SC390247 2014-12-31 SC390247 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 SC390247 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number SC390247

BALLANTYNES SCOTLAND LIMITED

Abbreviated Accounts

31 December 2015

BALLANTYNES SCOTLAND LIMITED Registered Number SC390247

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,515	1,185
		6,515	1,185
Current assets
Stocks		7,519	4,617
Debtors		55,621	33,001
Cash at bank and in hand		41,657	72,240
		104,797	109,858
Creditors: amounts falling due within one year		(89,152)	(88,618)
Net current assets (liabilities)		15,645	21,240
Total assets less current liabilities		22,160	22,425
Provisions for liabilities		(1,303)	-
Total net assets (liabilities)		20,857	22,425
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		20,855	22,423
Shareholders' funds		20,857	22,425

For the year ending 31 December 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 7 April 2016

And signed on their behalf by:
R E Ballantyne, Director

BALLANTYNES SCOTLAND LIMITED Registered Number SC390247

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, and commission from services, excluding value added tax. Turnover is recognised when invoices are issued to customers.

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

Fixtures and fittings - 25% on reducing balance
Computer equipment - 33.33% on cost

Other accounting policies
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the prior year.

Stocks
Work in progress is valued at the lower of cost and net realisable value.
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 January 2015	5,518
Additions	5,911
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	11,429
Depreciation
At 1 January 2015	4,333
Charge for the year	581
On disposals	-
At 31 December 2015	4,914
Net book values
At 31 December 2015	6,515
At 31 December 2014	1,185

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2