Abbreviated Company Accounts - GLENCAIRN CONSULTANTS LTD

Abbreviated Company Accounts - GLENCAIRN CONSULTANTS LTD

GLENCAIRN CONSULTANTS LTD - Company Information

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Registered Number SC450570

GLENCAIRN CONSULTANTS LTD

Abbreviated Accounts

31 March 2016

GLENCAIRN CONSULTANTS LTD Registered Number SC450570

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,812 937
1,812 937
Current assets
Debtors - 54,782
Cash at bank and in hand 7,270 4,429
7,270 59,211
Creditors: amounts falling due within one year (11,665) (29,424)
Net current assets (liabilities) (4,395) 29,787
Total assets less current liabilities (2,583) 30,724
Total net assets (liabilities) (2,583) 30,724
Capital and reserves
Called up share capital 2 2
Profit and loss account (2,585) 30,722
Shareholders' funds (2,583) 30,724
  • 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.

Approved by the Board on 15 February 2017

And signed on their behalf by:
isobel brown, Director

GLENCAIRN CONSULTANTS LTD Registered Number SC450570

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the value of sales, excluding VAT and similar taxes and trade discounts, of goods and services in the normal course of business

Tangible assets depreciation policy
Fixed assets are shown at historical cost
Depreciation is provided, after taking account of any grants receivable, at the following annual rates to write off each asset over its estimated useful life:
Equipment reducing balance 15%

2Tangible fixed assets
£
Cost
At 1 April 2015 1,177
Additions 1,195
Disposals -
Revaluations -
Transfers -
At 31 March 2016 2,372
Depreciation
At 1 April 2015 240
Charge for the year 320
On disposals -
At 31 March 2016 560
Net book values
At 31 March 2016 1,812
At 31 March 2015 937