Cross Keys (Wishaw) Ltd. - Abbreviated accounts 16.3

REGISTERED NUMBER: SC239656 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Cross Keys (Wishaw) Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTOR:

T Murphy

REGISTERED OFFICE:

191 Station Road

Shotts

ML7 4BA

REGISTERED NUMBER:

SC239656 (Scotland)

ACCOUNTANTS:

525 Accountancy Services Limited

Suite 2/3

106 Hope Street

Scotland

Glasgow

G2 6PH

FIXED ASSETS

Tangible assets

2

395,665

CREDITORS

Amounts falling due within one year

360,660

NET CURRENT LIABILITIES

(360,660

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

35,005

RESERVES

Profit and loss account

35,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 18 August 2017 and were signed by:

T Murphy - 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 services, excluding value added tax.

Tangible fixed assets

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

Deferred tax

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

399,550

DEPRECIATION

At 1 December 2015

2,220

Charge for year

1,665

At 30 November 2016

3,885

NET BOOK VALUE

At 30 November 2016

395,665

At 30 November 2015

397,330

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.