Remcam (Scotland) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC460841 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Remcam (Scotland) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr N L C Alexander

Mr S W Ripley

Mr G Berry

REGISTERED OFFICE:

Aye House

Admiralty Park

Dunfermline

Fife

KY11 2YW

REGISTERED NUMBER:

SC460841 (Scotland)

ACCOUNTANTS:

Business Oxygen Limited

Randolph House

122 Main Street

Coaltown of Wemyss

Fife

KY1 4NW

FIXED ASSETS

Intangible assets

2

50,204

-

Tangible assets

3

2,201

4,401

52,405

4,401

CURRENT ASSETS

Stocks

273

173

Debtors

9,929

66,720

Cash at bank

2,213

-

12,415

66,893

CREDITORS

Amounts falling due within one year

133,516

145,942

NET CURRENT LIABILITIES

(121,101

)

(79,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(68,696

)

(74,648

)

CREDITORS

Amounts falling due after more than one year

22,770

26,770

NET LIABILITIES

(91,466

)

(101,418

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

(92,466

)

(102,418

)

SHAREHOLDERS' FUNDS

(91,466

)

(101,418

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 19 July 2016 and were signed on its behalf by:

Mr S W Ripley - Director

Mr G Berry - Director

Mr N L C Alexander - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

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.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

62,792

At 31 October 2015

62,792

AMORTISATION

Amortisation for year

12,588

At 31 October 2015

12,588

NET BOOK VALUE

At 31 October 2015

50,204

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

6,601

DEPRECIATION

At 1 November 2014

2,200

Charge for year

2,200

At 31 October 2015

4,400

NET BOOK VALUE

At 31 October 2015

2,201

At 31 October 2014

4,401

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

1,000

Ordinary

1

1,000

1,000