This Little Piggy (Scotland) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC485654 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

This Little Piggy (Scotland) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms K Y Stewart

REGISTERED OFFICE:

62 Queens Road

Aberdeen

Aberdeenshire

AB15 4YE

REGISTERED NUMBER:

SC485654 (Scotland)

ACCOUNTANTS:

The Grant Considine Partnership

Chartered Accountants

46 High Street

Banchory

Aberdeenshire

AB31 5SR

FIXED ASSETS

Intangible assets

2

143

160

Tangible assets

3

217

367

360

527

CURRENT ASSETS

Debtors

500

1,675

Cash at bank

268

1,488

768

3,163

CREDITORS

Amounts falling due within one year

10,309

3,510

NET CURRENT LIABILITIES

(9,541

)

(347

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,181

)

180

PROVISIONS FOR LIABILITIES

43

73

NET (LIABILITIES)/ASSETS

(9,224

)

107

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(9,324

)

7

SHAREHOLDERS' FUNDS

(9,224

)

107

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

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

The director acknowledges her 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 8 December 2016 and were signed by:

Ms K Y Stewart - 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 comprises the fair value of consultancy services provided.

Revenue from consulting is recognised when the service has been provided and all obligations to the customers

under the consulting agreement have been fulfilled.

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

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date. Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the

company has entered into a binding agreement to sell the assets and recognised the gains and losses expected to

arise on sale or where assets have been sold and it is expected that the taxable gain will be rolled over into a

replacement asset.

Grants receivable

Grants receivable are credited to the Profit & Loss account in the period to which they relate.

Trademarks

Trademarks, being the amount paid in connection with trademark rights, is being amortised evenly over its useful

economic life of ten years.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

170

AMORTISATION

At 1 April 2015

10

Amortisation for year

17

At 31 March 2016

27

NET BOOK VALUE

At 31 March 2016

143

At 31 March 2015

160

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

454

DEPRECIATION

At 1 April 2015

87

Charge for year

150

At 31 March 2016

237

NET BOOK VALUE

At 31 March 2016

217

At 31 March 2015

367

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100

5.	GOING CONCERN

The going concern of the company depends upon the continued financial support of the director.