Accounts filed on 31-12-2016


Registered number: SC153711






Scot Tile Contracts Limited


ACCOUNTS

FOR THE YEAR ENDED 31/12/2016
























Prepared By:
Accountancy Assured Limited
Chartered Certified Accountants & Chartered Tax Advisers
Suite 1 Beaverhall House
27 Beaverhall Road
Edinburgh
EH7 4JE


ACCOUNTS
FOR THE YEAR ENDED 31/12/2016





DIRECTORS
John Ian Patrick
Erin Smith
Keith David Smith
Colin Ian Patrick



SECRETARY
ACCOUNTANCY ASSURED (SECRETARIAL SERVICES) LTD


REGISTERED OFFICE
Accountancy Assured Ltd
Suite 1, Beaverhall House
27 Beaverhall Road
Edinburgh
EH7 4JE


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC153711



ACCOUNTANTS
Accountancy Assured Limited
Chartered Certified Accountants & Chartered Tax Advisers
Suite 1 Beaverhall House
27 Beaverhall Road
Edinburgh
EH7 4JE


ACCOUNTS
FOR THEYEARENDED31/12/2016



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		5


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		45,771		47,517
Investment Assets	3		1,000		1,000

			46,771		48,517

CURRENT ASSETS
Stock		18,345		15,354
Debtors	5	445,318		446,223
Cash at bank and in hand		206,371		83,488
		670,034		545,065
CREDITORS: Amounts falling due within one year	6	209,293		144,594
NET CURRENT ASSETS			460,741		400,471
TOTAL ASSETS LESS CURRENT LIABILITIES			507,512		448,988


CREDITORS: Amounts falling due after more than one year	7		10,823		15,585


PROVISIONS FOR LIABILITIES AND CHARGES	9		9,154		9,503

NET ASSETS			487,535		423,900

CAPITAL AND RESERVES

Called up share capital	10		100		100
Profit and loss account			487,435		423,800
SHAREHOLDERS' FUNDS			487,535		423,900


BALANCE SHEET AT 31/12/2016

For the year ending 31/12/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 05/09/2017 and signed on their behalf by



.............................
Keith David Smith
Director



.............................
Colin Patrick
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		straight line 20%
Motor Cars		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




3. INVESTMENT FIXED ASSETS

	Shares in group companies
	and participating interests	Total
	£	£
Cost
At 01/01/2016	1,000	1,000
At 31/12/2016	1,000	1,000
Amortisation
Net Book Amounts
At 31/12/2016	1,000	1,000
At 31/12/2015	1,000	1,000




5. DEBTORS	2016	2015
	£	£
Amounts falling due within one year
Trade debtors	415,948	427,711
VAT	25,026	14,196
Prepayments	4,344	4,316
	445,318	446,223




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2016	2015
	£	£
UK corporation tax	50,157	40,009
PAYE control	4,820	4,420
Directors current account	39,503	22,587
Loans	38	38
Credit card	4,523	16,662
Finance leases	5,195	9,294
Trade creditors	104,089	50,754
Accruals	968	830
	209,293	144,594




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Finance Leases >1yr	10,823	15,585
	10,823	15,585




10. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




11. CONTROLLING PARTY
The company was controlled throughout the current and previous period by the directors, Mr KD Smith & Ms E Smith who between them own 58% of the ordinary share capital of the company.