Top Scot Promotions Limited - Limited company - abbreviated - 11.6
Top Scot Promotions Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 28 February 2014 |
| for |
| Top Scot Promotions Limited |
| Top Scot Promotions Limited (Registered number: SC182637) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 28 February 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Top Scot Promotions Limited |
| Company Information |
| for the Year Ended 28 February 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Top Scot Promotions Limited (Registered number: SC182637) |
| Abbreviated Balance Sheet |
| 28 February 2014 |
| 28.2.14 | 28.2.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| Top Scot Promotions Limited (Registered number: SC182637) |
| Abbreviated Balance Sheet - continued |
| 28 February 2014 |
| The financial statements were approved by the Board of Directors on by: |
| Top Scot Promotions Limited (Registered number: SC182637) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 28 February 2014 |
| 1. | ACCOUNTING POLICIES |
| Going concern |
| During the year the company made a loss of £60,694 (2013 - £1,725) and has a balance sheet deficit at the year |
| end of £61,844 ( 2013 - £1,150). However the going concern basis of preparation is appropriate as the directors |
| Mr & Mrs Johnston continue to support the business and have significant directors' loan balances to the company |
| of £442,046 at the year end. |
| 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). |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| Disposals | ( |
) |
| At 28 February 2014 |
| DEPRECIATION |
| Charge for year |
| At 28 February 2014 |
| NET BOOK VALUE |
| At 28 February 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.14 | 28.2.13 |
| value: | £ | £ |
| Ordinary shares | £1 |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 3,000 | 3,000 |
| Reclassification of 1,000 Ordinary shares to Ordinary A occurred at 15 November 2012, all with a nominal value |
| of £1. |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year Mrs MD Johnston introduced capital of £220,000 (2013 - £1,000) and the total due at 28 |
| February 2014 was £221,000 (2013 - £1,000). |
| Mr JN Johnston also introduced capital of £220,000 (2013 - £1,000 ) during the year and drawings of £210. The |
| total due to him at 28 February 2014 was £221,046 (2013 - £1,256). |
| These loans are interest free and there are no repayment terms. |