Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

A G MCEWAN LTD - Company Information

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A G MCEWAN LTD

Company Registration Number:
SC375981 (Scotland)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

A G MCEWAN LTD

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 1,406 2,230
Total fixed assets: 1,406 2,230
Current assets
Debtors: 4,045 5,521
Cash at bank and in hand: 12,507 2,132
Total current assets: 16,552 7,653
Creditors: amounts falling due within one year: ( 13,323 ) ( 6,418 )
Net current assets (liabilities): 3,229 1,235
Total assets less current liabilities: 4,635 3,465
Total net assets (liabilities): 4,635 3,465

The notes form part of these financial statements

A G MCEWAN LTD

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 100 100
Profit and loss account: 4,535 3,365
Shareholders funds: 4,635 3,465

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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 19 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Iain McEwan
Status: Director

The notes form part of these financial statements

A G MCEWAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Report Standard for Smaller Entities 2015

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Vehicles, equipment & fittings – at 25% per annum on a reducing balance basis.

A G MCEWAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 7,800
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 7,800
    Depreciation
    01 April 2015: 5,570
    Charge for year: 824
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 6,394
    Net book value
    31 March 2016: 1,406
    31 March 2015: 2,230

A G MCEWAN LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100