Sillars Lettings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC396254 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

SILLARS LETTINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R H G Sillars

Mrs S J Sillars

SECRETARY:

Mrs S J Sillars

REGISTERED OFFICE:

Abbothill Cottage

By Ayr

Ayrshire

KA6 6AQ

REGISTERED NUMBER:

SC396254 (Scotland)

ACCOUNTANTS:

McLay, McAlister & McGibbon (Ayr) Ltd

19 Wellington Square

Ayr

Ayrshire

KA7 1EZ

FIXED ASSETS

Tangible assets

2

100,582

CURRENT ASSETS

Debtors

807

889

Cash at bank

5,447

4,387

6,254

5,276

CREDITORS

Amounts falling due within one year

117,072

116,434

NET CURRENT LIABILITIES

(110,818

)

(111,158

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,236

)

(10,576

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(10,238

)

(10,578

)

SHAREHOLDERS' FUNDS

(10,236

)

(10,576

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 June 2016 and were signed on its behalf by:

R H G Sillars - Director

1.	ACCOUNTING POLICIES

Basis of preparation

The company finances its activities with the support of its parent company. The directors are satisfied that this support will

continue to be provided for the foreseeable future. The accounts have therefore been prepared on the going concern

basis.

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 January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Turnover

Turnover represents net value of services supplied.

Deferred tax

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

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

100,582

NET BOOK VALUE

At 30 September 2015

100,582

At 30 September 2014

100,582

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

2

Ordinary

£1

2