McWalter Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC410952 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

McWalter Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs Fiona Scott

SECRETARY:

Mrs Fiona Scott

REGISTERED OFFICE:

25 Sandyford Place

Glasgow

G3 7NG

REGISTERED NUMBER:

SC410952 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Tangible assets

2

315

334

CURRENT ASSETS

Cash at bank

23,660

37,448

CREDITORS

Amounts falling due within one year

23,348

20,294

NET CURRENT ASSETS

312

17,154

TOTAL ASSETS LESS CURRENT
LIABILITIES

627

17,488

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

527

17,388

SHAREHOLDERS' FUNDS

627

17,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 31 August 2016 and were signed by:

Mrs Fiona Scott - 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 January 2015).

Turnover

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

Tangible fixed assets

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

Computer equipment

-

25% on cost

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 April 2015

1,998

Additions

420

At 31 March 2016

2,418

DEPRECIATION

At 1 April 2015

1,664

Charge for year

439

At 31 March 2016

2,103

NET BOOK VALUE

At 31 March 2016

315

At 31 March 2015

334

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100