Protek (Bathgate) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC055558 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Protek (Bathgate) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A N Pollock

T Pollock

Mrs A J Newall

SECRETARY:

Mrs A N Pollock

REGISTERED OFFICE:

30 Whitestone Place

Whitehill Industrial Estate

Bathgate

West Lothian

EH48 2EW

REGISTERED NUMBER:

SC055558 (Scotland)

ACCOUNTANTS:

Added Value Accounting

FIXED ASSETS

Tangible assets

2

584,266

589,853

CURRENT ASSETS

Stocks

51,007

48,949

Debtors

164,866

120,878

Cash at bank

261,765

201,629

477,638

371,456

CREDITORS

Amounts falling due within one year

123,835

91,339

NET CURRENT ASSETS

353,803

280,117

TOTAL ASSETS LESS CURRENT
LIABILITIES

938,069

869,970

CAPITAL AND RESERVES

Called up share capital

3

2,300

Revaluation reserve

454,823

465,652

Profit and loss account

480,946

402,018

SHAREHOLDERS' FUNDS

938,069

869,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 21 December 2016 and were signed on its behalf
by:

Mrs A J Newall - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 May 2015

1,019,752

Additions

17,498

At 30 April 2016

1,037,250

DEPRECIATION

At 1 May 2015

429,899

Charge for year

23,085

At 30 April 2016

452,984

NET BOOK VALUE

At 30 April 2016

584,266

At 30 April 2015

589,853

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2,300

Ordinary

£1

2,300