Mathers (West End) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC308904 (Scotland)

Abbreviated Accounts for the Year Ended 31 October 2016

for

MATHERS (WEST END) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G MacDonald

SECRETARY:

MBM Secretarial Services Limited

REGISTERED OFFICE:

5th Floor

125 Princes Street

Edinburgh

EH2 4AD

REGISTERED NUMBER:

SC308904 (Scotland)

ACCOUNTANTS:

Davidson Associates Limited

68 Edgehead Village

Pathhead

Midlothian

EH37 5RJ

FIXED ASSETS

Intangible assets

2

40,189

42,500

Tangible assets

3

11,561

17,895

51,750

60,395

CURRENT ASSETS

Stocks

7,483

18,812

Debtors

149,771

176,960

Cash at bank and in hand

114,949

36,047

272,203

231,819

CREDITORS

Amounts falling due within one year

(68,421

)

(72,622

)

NET CURRENT ASSETS

203,782

159,197

TOTAL ASSETS LESS CURRENT
LIABILITIES

255,532

219,592

CAPITAL AND RESERVES

Called up share capital

4

2

Share premium

2,096

Profit and loss account

253,434

217,494

SHAREHOLDERS' FUNDS

255,532

219,592

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 25 July 2017 and were signed by:

G MacDonald - 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).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty seven years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

62,839

AMORTISATION

At 1 November 2015

20,339

Amortisation for year

2,311

At 31 October 2016

22,650

NET BOOK VALUE

At 31 October 2016

40,189

At 31 October 2015

42,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

70,330

DEPRECIATION

At 1 November 2015

52,435

Charge for year

6,334

At 31 October 2016

58,769

NET BOOK VALUE

At 31 October 2016

11,561

At 31 October 2015

17,895

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

2,286

Ordinary shares

£.001

2

5.	ULTIMATE PARENT COMPANY

The company's ultimate parent company is Landmark Pub Company Limited.