North Coast 500 Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC504749 (Scotland)

Abbreviated Unaudited Accounts

for the Period

30 April 2015 to 31 March 2016

for

North Coast 500 Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T R Campbell

REGISTERED OFFICE:

The Green House

Beechwood Park North

Inverness

Highland

IV2 3BL

REGISTERED NUMBER:

SC504749 (Scotland)

ACCOUNTANTS:

Victor T Fraser & Co Limited

Chartered Accountants

3-4 Market Place

Wick

Caithness

KW1 4LP

CURRENT ASSETS

Debtors

18,338

Cash at bank and in hand

3,565

21,903

CREDITORS

Amounts falling due within one year

21,386

NET CURRENT ASSETS

517

TOTAL ASSETS LESS CURRENT LIABILITIES

517

CAPITAL AND RESERVES

Called up share capital

2

1

Profit and loss account

516

SHAREHOLDERS' FUNDS

517

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 21 November 2016 and were signed by:

T R Campbell - 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 of members' subscriptions and amounts derived from the provision of services to members, excluding value added

tax.

Deferred tax

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

Government grants

Government grants are recognised at fair value when there is reasonable assurance that the company will comply with the conditions

attaching to them and the grants will be received. Grants relating to the purchase of assets are treated as deferred income and allocated

to the profit and loss account over the useful life of the related assets. Grants relating to revenue expenditure are treated as income in the

profit and loss account.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1