Abbreviated Company Accounts - AYRSHIRE TRAVEL SERVICES LTD.

Abbreviated Company Accounts - AYRSHIRE TRAVEL SERVICES LTD.

AYRSHIRE TRAVEL SERVICES LTD. - Company Information

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Registered Number SC406143

AYRSHIRE TRAVEL SERVICES LTD.

Abbreviated Accounts

29 August 2015

AYRSHIRE TRAVEL SERVICES LTD. Registered Number SC406143

Abbreviated Balance Sheet as at 29 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 9,905 8,300
9,905 8,300
Current assets
Debtors 1,500 2,289
Cash at bank and in hand 7,811 2,037
9,311 4,326
Net current assets (liabilities) 9,311 4,326
Total assets less current liabilities 19,216 12,626
Creditors: amounts falling due after more than one year (19,233) (12,753)
Accruals and deferred income (12) (12)
Total net assets (liabilities) (29) (139)
Capital and reserves
Called up share capital 3 2 2
Profit and loss account (31) (141)
Shareholders' funds (29) (139)
  • For the year ending 29 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 27 May 2016

And signed on their behalf by:
D Browning, Director

AYRSHIRE TRAVEL SERVICES LTD. Registered Number SC406143

Notes to the Abbreviated Accounts for the period ended 29 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 January 2015.

Turnover policy
Turnover represents net invoiced sale of services, excluding vat

Tangible assets depreciation policy
Plant & machinery - 25% reducing balance
Motor vehicles - 20% straight line p.a.

2Tangible fixed assets
£
Cost
At 30 August 2014 14,200
Additions 4,600
Disposals -
Revaluations -
Transfers -
At 29 August 2015 18,800
Depreciation
At 30 August 2014 5,900
Charge for the year 2,995
On disposals -
At 29 August 2015 8,895
Net book values
At 29 August 2015 9,905
At 29 August 2014 8,300
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£		 2014
£
2 Ordinary shares of £1 each 2 2

4Transactions with directors

Name of director receiving advance or credit: Mr C Connell
Description of the transaction: Loan to company
Balance at 30 August 2014: £ 6,377
Advances or credits made: £ 1,570
Advances or credits repaid: -
Balance at 29 August 2015: £ 7,947
Name of director receiving advance or credit: Mr D Browning
Description of the transaction: Loan to company
Balance at 30 August 2014: £ 6,377
Advances or credits made: £ 891
Advances or credits repaid: -
Balance at 29 August 2015: £ 7,268

loans to the company are interest free and repayable on demand.