Abbreviated Company Accounts - SCOTT AND YOUNG ASSOCIATES LIMITED

SCOTT AND YOUNG ASSOCIATES LIMITED - Company Information

02443925 SCOTT AND YOUNG ASSOCIATES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 02443925 2015-04-01 2016-03-31 02443925 2016-03-31 02443925 2015-03-31 02443925 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 02443925 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 02443925

SCOTT AND YOUNG ASSOCIATES LIMITED

Abbreviated Accounts

31 March 2016

SCOTT AND YOUNG ASSOCIATES LIMITED Registered Number 02443925

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,360	1,172
		1,360	1,172
Current assets
Cash at bank and in hand		606	647
		606	647
Creditors: amounts falling due within one year		(80,723)	(65,690)
Net current assets (liabilities)		(80,117)	(65,043)
Total assets less current liabilities		(78,757)	(63,871)
Total net assets (liabilities)		(78,757)	(63,871)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(78,759)	(63,873)
Shareholders' funds		(78,757)	(63,871)

For the year ending 31 March 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 14 December 2016

And signed on their behalf by:
J FLADEE, Director

SCOTT AND YOUNG ASSOCIATES LIMITED Registered Number 02443925

Notes to the Abbreviated Accounts for the period ended 31 March 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.

2Tangible fixed assets

	£
Cost
At 1 April 2015	8,202
Additions	427
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	8,629
Depreciation
At 1 April 2015	7,030
Charge for the year	239
On disposals	-
At 31 March 2016	7,269
Net book values
At 31 March 2016	1,360
At 31 March 2015	1,172

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2