Bute Berthing Co. Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC142148 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

BUTE BERTHING CO. LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

John Lawrie Cobban

Robert Stanley Ferguson

William McMillan Hassall

James Stewart McMillan

Steven Hugh Neilson

Christopher Guy Shelley

Robin Johnstone Taylor

Timothy Michael Brechin Saul

SECRETARY:

Steven Hugh Neilson

REGISTERED OFFICE:

The Weighbridge

Albert Place

Rothesay

Isle of Bute

PA20 9AG

REGISTERED NUMBER:

SC142148 (Scotland)

ACCOUNTANTS:

Thomas Barrie & Co LLP

Atlantic House

1a Cadogan Street

Glasgow

G2 6QE

CURRENT ASSETS

5,046

Cash at bank and in hand

3,304

CREDITORS

15,480

Amounts falling due within one year

12,602

(10,434

)

NET CURRENT LIABILITIES

(9,298

)

(10,434

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,298

)

CREDITORS

7,848

Amounts falling due after more than one year

11,153

(18,282

)

NET LIABILITIES

(20,451

)

CAPITAL AND RESERVES

7

Called up share capital

3

7

(18,289

)

Profit and loss account

(20,458

)

(18,282

)

SHAREHOLDERS' FUNDS

(20,451

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 11 November 2014 and were signed on its behalf by:

William McMillan Hassall - 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 April 2008).

Turnover

Turnover represents the company's share of pontoon fees for berthing in Rothesay harbour.

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

-

25% on cost

Computer Equipment

-

25% on cost

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 April 2013

and 31 March 2014

9,574

DEPRECIATION

At 1 April 2013

and 31 March 2014

9,574

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

7

Ordinary

£1

7

7