The Isle of Skye Baking Company Limited - Accounts to registrar - small 16.3d

REGISTERED NUMBER: SC384970 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2016

for

The Isle of Skye Baking Company Limited

Page

Company Information

1

Balance Sheet

2

Chartered Accountants' Report

4

DIRECTORS:

B Hawthorne

Mrs L Hawthorne

REGISTERED OFFICE:

14 Rathad an Fheoir

Portree

Isle of Skye

IV51 9TR

REGISTERED NUMBER:

SC384970 (Scotland)

ACCOUNTANTS:

Campbell Stewart MacLennan & Co

Chartered Accountants

8 Wentworth Street

Portree

Highland

IV51 9EJ

FIXED ASSETS

44,610

51,512

CURRENT ASSETS

46,807

38,334

PREPAYMENTS AND ACCRUED INCOME

2,333

2,333

CREDITORS

Amounts falling due within one year

(87,962

)

(58,052

)

NET CURRENT LIABILITIES

(38,822

)

(17,385

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,788

34,127

CREDITORS

Amounts falling due after more than one year

(6,010

)

(5,991

)

ACCRUALS AND DEFERRED INCOME

(14,026

)

(21,889

)

NET (LIABILITIES)/ASSETS

(14,248

)

6,247

CAPITAL AND RESERVES

(14,248

)

6,247

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

£

B Hawthorne and Mrs L Hawthorne

Balance outstanding at start of year

(33,914

)

(29,701

)

Amounts advanced

203

171

Amounts repaid

(8,307

)

(4,384

)

Balance outstanding at end of year

(42,018

)

(33,914

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 December 2016 and were signed on its behalf by:

Mrs L Hawthorne - Director

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be

filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of The Isle of Skye Baking Company Limited for the year ended 31 March 2016 which comprise the

Income Statement, Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the Board of Directors of The Isle of Skye Baking Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Isle of Skye Baking Company Limited and state those matters that we have agreed to state to the Board of Directors of The Isle of Skye Baking Company Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Isle of Skye Baking Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Isle of Skye Baking Company Limited. You consider that The Isle of Skye Baking Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Isle of Skye Baking Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Campbell Stewart MacLennan & Co

Chartered Accountants

8 Wentworth Street

Portree

Highland

IV51 9EJ

30 December 2016