Cowgate Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC378807 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

COWGATE PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

David Sinclair Wood

REGISTERED OFFICE:

Aincroft

18 Neidpath Road West

Giffnock

Glasgow

G46 6SS

REGISTERED NUMBER:

SC378807 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.,

Chartered Accountants

24 Beresford Terrace

Ayr

KA7 2EG

CURRENT ASSETS

Investments

79,614

79,985

Cash at bank

43,548

19,813

123,162

99,798

CREDITORS

Amounts falling due within one year

9,452

10,709

NET CURRENT ASSETS

113,710

89,089

TOTAL ASSETS LESS CURRENT LIABILITIES

113,710

89,089

CAPITAL AND RESERVES

Called up share capital

2

13

13

Retained earnings

113,697

89,076

SHAREHOLDERS' FUNDS

113,710

89,089

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 27 February 2017 and were signed by:

David Sinclair Wood - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

10

Ordinary

£1

10

10

3

Special A-J

£1

3

3

13

13