Arron Digby Carmichael Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC247212 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

Arron Digby Carmichael Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K J Murdoch

REGISTERED OFFICE:

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

REGISTERED NUMBER:

SC247212 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

2

55

64

CURRENT ASSETS

Stocks

1,700

5,400

Debtors

5,896

4,727

Cash at bank

-

521

7,596

10,648

CREDITORS

Amounts falling due within one year

8,943

7,723

NET CURRENT (LIABILITIES)/ASSETS

(1,347

)

2,925

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,292

)

2,989

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(1,293

)

2,988

SHAREHOLDERS' FUNDS

(1,292

)

2,989

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 28 October 2016 and were signed by:

K J Murdoch - 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 amounts receivable for services in the normal course of business for the provision of instruction

services. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company and when its

value can be measured with a sufficient degree of certainty and reliability. All income is recognised in the accounting

period to which it relates.The company is not registered for VAT.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

320

DEPRECIATION

At 1 February 2015

256

Charge for year

9

At 31 January 2016

265

NET BOOK VALUE

At 31 January 2016

55

At 31 January 2015

64

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

1

Ordinary

£1

1

1