Abbreviated Company Accounts - MCCALLUM OIL & GAS CONSULTING LTD.

MCCALLUM OIL & GAS CONSULTING LTD. - Company Information

SC222708 MCCALLUM OIL & GAS CONSULTING LTD. 2015-08-31 false 2014-09-01 2015-08-31 true SC222708 2014-09-01 2015-08-31 SC222708 2015-08-31 SC222708 2014-08-31 SC222708 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 SC222708 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:Director3 2014-09-01 2015-08-31 uk-gaap-cd-bus:Director3 2015-08-31 uk-gaap-cd-bus:Director3 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number SC222708

MCCALLUM OIL & GAS CONSULTING LTD.

Abbreviated Accounts

31 August 2015

MCCALLUM OIL & GAS CONSULTING LTD. Registered Number SC222708

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	561,047	562,032
		561,047	562,032
Current assets
Debtors		200	362
Cash at bank and in hand		29,281	21,616
		29,481	21,978
Creditors: amounts falling due within one year		(312,293)	(293,286)
Net current assets (liabilities)		(282,812)	(271,308)
Total assets less current liabilities		278,235	290,724
Total net assets (liabilities)		278,235	290,724
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		278,135	290,624
Shareholders' funds		278,235	290,724

For the year ending 31 August 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 6 May 2016

And signed on their behalf by:
Mr C McCallum, Director

MCCALLUM OIL & GAS CONSULTING LTD. Registered Number SC222708

Notes to the Abbreviated Accounts for the period ended 31 August 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 property rental income.

Tangible assets depreciation policy
Land and buildings not provided
Furnishings and fittings 20% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	565,809
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	565,809
Depreciation
At 1 September 2014	3,777
Charge for the year	985
On disposals	-
At 31 August 2015	4,762
Net book values
At 31 August 2015	561,047
At 31 August 2014	562,032

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mr C McCallum
Description of the transaction:	Loan advanced, interest free
Balance at 1 September 2014:	-
Advances or credits made:	£ 10,000
Advances or credits repaid:	£ 10,000
Balance at 31 August 2015:	£ 0