Abbreviated Company Accounts - HIGHLAND CLANS LIMITED

Abbreviated Company Accounts - HIGHLAND CLANS LIMITED

HIGHLAND CLANS LIMITED - Company Information

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Registered Number SC262137

HIGHLAND CLANS LIMITED

Abbreviated Accounts

31 December 2013

HIGHLAND CLANS LIMITED Registered Number SC262137

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Current assets
Stocks 1,686 4,500
Debtors 1,931 2,163
Cash at bank and in hand 744 1,153
4,361 7,816
Creditors: amounts falling due within one year (1,881) (6,313)
Net current assets (liabilities) 2,480 1,503
Total assets less current liabilities 2,480 1,503
Total net assets (liabilities) 2,480 1,503
Capital and reserves
Called up share capital 11,000 6,000
Profit and loss account (8,520) (4,497)
Shareholders' funds 2,480 1,503
  • For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
N Livingstone of Bachuil, Director

HIGHLAND CLANS LIMITED Registered Number SC262137

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.