MACDONALD_BROTHERS_LANDSC - Accounts

MACDONALD BROTHERS LANDSCAPES LIMITED - Company Information

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Company Registration No. SC219712 (Scotland)

MACDONALD BROTHERS LANDSCAPES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

MACDONALD BROTHERS LANDSCAPES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MACDONALD BROTHERS LANDSCAPES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

20,104

15,992

Current assets

Debtors

30,282

47,688

Cash at bank and in hand

14,002

9,864

44,284

57,552

Creditors: amounts falling due within one year

(50,891)

(54,029)

Net current liabilities/(assets)

(6,607)

3,523

Total assets less current liabilities

13,497

19,515

Creditors: amounts falling due after more than one year

(9,512)

(16,426)

Provisions for liabilities

(2,957)

(2,135)

1,028

954

Capital and reserves

Called up share capital

Profit and loss account

1,026

952

Shareholders' funds

1,028

954

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 September 2016

Mr D MacDonald

Director

Company Registration No. SC219712

MACDONALD BROTHERS LANDSCAPES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

Computer equipment

Motor vehicles

Fixed assets

Tangible assets

Cost

At 1 January 2015

110,457

Additions

11,510

At 31 December 2015

121,967

Depreciation

At 1 January 2015

94,464

Charge for the year

7,399

At 31 December 2015

101,863

Net book value

At 31 December 2015

20,104

At 31 December 2014

15,992

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary of £1 each