Anaconda Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC239639 (Scotland)

Abbreviated Accounts

for the Period 1 December 2014 to 31 May 2016

for

Anaconda Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P E N Kinloch

N M Kinloch Bakshy

K C Lamb

SECRETARY:

C Sayer

REGISTERED OFFICE:

43-45 Circus Lane

Edinburgh

EH3 6SU

REGISTERED NUMBER:

SC239639 (Scotland)

ACCOUNTANTS:

Lucraft Hodgson & Dawes LLP

Ground Floor

19 New Road

Brighton

East Sussex

BN1 1UF

FIXED ASSETS

Tangible assets

2

-

392

CURRENT ASSETS

Stocks

-

150,000

Debtors

85,971

-

85,971

150,000

CREDITORS

Amounts falling due within one year

21,400

107,259

NET CURRENT ASSETS

64,571

42,741

TOTAL ASSETS LESS CURRENT
LIABILITIES

64,571

43,133

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

64,471

43,033

SHAREHOLDERS' FUNDS

64,571

43,133

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 13 October 2016 and were signed on its behalf by:

P E N Kinloch - Director

N M Kinloch Bakshy - Director

K C Lamb - 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 April 2008).

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.

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

1,650

Disposals

(1,650

)

At 31 May 2016

-

DEPRECIATION

At 1 December 2014

1,258

Charge for period

147

Eliminated on disposal

(1,405

)

At 31 May 2016

-

NET BOOK VALUE

At 31 May 2016

-

At 30 November 2014

392

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

30.11.14

value:

£

100

Ordinary

£1

100