Management Staff Consultants Ltd. - Abbreviated accounts 16.3

REGISTERED NUMBER: SC189964 (Scotland)

Management Staff Consultants Ltd.

Abbreviated Unaudited Accounts

for the Period 1 November 2014 to 31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A H N Gray

SECRETARY:

S M Fraser-Wilson

REGISTERED OFFICE:

35 Craiglea Drive

Edinburgh

EH10 5PB

REGISTERED NUMBER:

SC189964 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

EH3 6AT

CURRENT ASSETS

Debtors

256

160

Cash at bank

587

-

843

160

CREDITORS

Amounts falling due within one year

201

158

NET CURRENT ASSETS

642

2

TOTAL ASSETS LESS CURRENT LIABILITIES

642

2

CAPITAL AND RESERVES

Called up share capital

2

Profit and loss account

640

-

SHAREHOLDERS' FUNDS

642

2

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 22 December 2016 and were signed by:

A H N Gray - 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 represents invoiced sales of recruitment consultancy services. Turnover is recognised when

the company obtains the right to consideration.

Deferred tax

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

the balance sheet date where transactions or events have occurred at that date that will result in an

obligation to pay more, or a right to pay less or to receive more, tax. Deferred tax assets are

recognised only to the extent that the directors consider that it is more likely than not that there will

be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted. Deferred tax is measured on an undiscounted basis at the rates that are expected to apply

in the periods in which timing differences reverse, based on tax rates and laws enacted or

substantively enacted at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2014

value:

£

2

Ordinary

£1

2