Strathmore Advisers Limited - Period Ending 2015-12-31

Registration number: 05494201

Strathmore Advisers Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

Strathmore Advisers Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Strathmore Advisers Limited
(Registration number: 05494201)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Current assets
Debtors					166,514			-
Cash at bank and in hand					283,771			436,589
					450,285			436,589
Creditors: Amounts falling due within one year					(30,315)			(26,652)
Net assets					419,970			409,937
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					419,870			409,837
Shareholders' funds					419,970			409,937

For the year ending 31 December 2015 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 29 September 2016 and signed on its behalf by:

S F McNeil
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Strathmore Advisers Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	33% Straight Line Basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2015		453			453
At 31 December 2015		453			453
Depreciation
At 1 January 2015		453			453
At 31 December 2015		453			453
Net book value
At 31 December 2015		-			-
At 31 December 2014		-			-

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Strathmore Advisers Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

4

Control

The company is controlled by J J McNeil , a director, who owns 70% of the issued share capital and has a beneficial interest in the remaining 30%.

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