Bridge (Scotland) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC421312 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Bridge (Scotland) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N J Garrett

REGISTERED OFFICE:

3 Prospect Place

Westhill

Aberdeenshire

AB32 6SY

REGISTERED NUMBER:

SC421312 (Scotland)

ACCOUNTANTS:

Grampian Accounting

3 Prospect Place

Arnhall Business Park

Westhill

Aberdeenshire

AB32 6SY

FIXED ASSETS

Investments

2

703,282

CREDITORS

Amounts falling due within one year

702,282

NET CURRENT LIABILITIES

(702,282

)

(702,282

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,000

CAPITAL AND RESERVES

Called up share capital

3

1,000

SHAREHOLDERS' FUNDS

1,000

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 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 31 March 2017 and were signed by:

N J Garrett - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Related party relationship and transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Dividends paid to the directors during the year amounted to £6,260 (2015 - £146,679).

Deferred tax

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

sheet date.

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

703,282

NET BOOK VALUE

At 31 March 2016

703,282

At 31 March 2015

703,282

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Bridge Industrial Supplies Ltd

Country of incorporation: UK

Nature of business: Supply of goods to the oil and gas sector

%

Class of shares:

holding

Ordinary A Shares

100.00

31.3.16

31.3.15

£

Aggregate capital and reserves

(159,228

)

37,896

Loss for the year

(190,624

)

(341,662

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

760

Ordinary Shares class 1

1

760

240

Ordinary shares class 2

1

240

1,000