Electric Scribe 2000 Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC214214 (Scotland)

Abbreviated Accounts for the Year Ended 31 December 2015

for

Electric Scribe 2000 Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Barclay

SECRETARY:

Mrs M Barclay

REGISTERED OFFICE:

19 Bon Accord Crescent

Aberdeen

AB11 6DE

REGISTERED NUMBER:

SC214214 (Scotland)

ACCOUNTANTS:

A J Croll & Company

19 Bon Accord Crescent

Aberdeen

Aberdeenshire

AB11 6DE

FIXED ASSETS

Tangible assets

2

46,691

30,862

Investments

3

-

46,691

30,862

CURRENT ASSETS

Debtors

4,422

3,210

Cash at bank

1,576

18,628

5,998

21,838

CREDITORS

Amounts falling due within one year

45,395

43,917

NET CURRENT LIABILITIES

(39,397

)

(22,079

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,294

8,783

PROVISIONS FOR LIABILITIES

6,617

2,376

NET ASSETS

677

6,407

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

577

6,307

SHAREHOLDERS' FUNDS

677

6,407

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 21 September 2016 and were signed by:

A Barclay - 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 goods, 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.

Improvements to property

-

10% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

71,505

Additions

33,513

Disposals

(41,743

)

At 31 December 2015

63,275

DEPRECIATION

At 1 January 2015

40,643

Charge for year

4,532

Eliminated on disposal

(28,591

)

At 31 December 2015

16,584

NET BOOK VALUE

At 31 December 2015

46,691

At 31 December 2014

30,862

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

and 31 December 2015

29,984

PROVISIONS

At 1 January 2015

and 31 December 2015

29,984

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100