Abbreviated Company Accounts - EUROPE INCOMING - SCOTLAND LIMITED

EUROPE INCOMING - SCOTLAND LIMITED - Company Information

SC171540 EUROPE INCOMING - SCOTLAND LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true SC171540 2015-02-01 2016-01-31 SC171540 2016-01-31 SC171540 2015-01-31 SC171540 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 SC171540 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:Director3 2015-02-01 2016-01-31 uk-gaap-cd-bus:Director3 2016-01-31 uk-gaap-cd-bus:Director3 2015-01-31 iso4217:GBP shares

Registered Number SC171540

EUROPE INCOMING - SCOTLAND LIMITED

Abbreviated Accounts

31 January 2016

EUROPE INCOMING - SCOTLAND LIMITED Registered Number SC171540

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,951	1,043
		1,951	1,043
Current assets
Debtors		145,807	84,400
Cash at bank and in hand		172,424	359,311
		318,231	443,711
Creditors: amounts falling due within one year		(226,370)	(210,455)
Net current assets (liabilities)		91,861	233,256
Total assets less current liabilities		93,812	234,299
Total net assets (liabilities)		93,812	234,299
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		92,812	233,299
Shareholders' funds		93,812	234,299

For the year ending 31 January 2016 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 12 October 2016

And signed on their behalf by:
James Grieve, Director

EUROPE INCOMING - SCOTLAND LIMITED Registered Number SC171540

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is stated net of Value Added Tax, and is recognised as the revenue resulting from exchange transactions under which the company supplies to its customers the goods and services it is in business to provide.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates intended to write-off the cost or valuation, less estimated residual value, of each asset evenly over its expected economic useful life.

Other accounting policies
Related Party Disclosures

The issued share capital of the company is divided into 510 ordinary shares owned by Europe Incoming Limited and 490 ordinary shares by Mr James Grieve, a director of the company. Europe Incoming Limited holds 510 ordinary shares as a nominee for Mr David Hawthorn, Mr Peter Zieger and Ms Uma Somia, who are all directors of Europe Incoming - Scotland Limited.
During the year ended 31st January 2016 the company had business transactions totalling £88,638 with Europe Incoming Limited. The transactions were undertaken on a normal commercial basis and £426 was owed at the year end.

2Tangible fixed assets

	£
Cost
At 1 February 2015	13,732
Additions	1,851
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	15,583
Depreciation
At 1 February 2015	12,689
Charge for the year	943
On disposals	-
At 31 January 2016	13,632
Net book values
At 31 January 2016	1,951
At 31 January 2015	1,043

3Transactions with directors

Name of director receiving advance or credit:	James Grieve
Description of the transaction:	Loan Account Movement
Balance at 1 February 2015:	£ 37,951
Advances or credits made:	-
Advances or credits repaid:	£ 87
Balance at 31 January 2016:	£ 37,864