Select Developments (1993) Ltd - Accounts to registrar (filleted) - small 17.3

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Select Developments (1993) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Fulton

REGISTERED OFFICE:

3C

Monument Court

Causewayhead

Stirling

FK9 5PG

REGISTERED NUMBER:

SC115503 (Scotland)

ACCOUNTANTS:

Ian Macfarlane & Co.

Chartered Accountants

2 Melville Street

Falkirk

FK1 1HZ

FIXED ASSETS

Tangible assets

3

11

11

CURRENT ASSETS

Stocks

1,500

2,500

Debtors

4

86,286

88,886

87,786

91,386

CREDITORS

Amounts falling due within one year

5

136,700

138,000

NET CURRENT LIABILITIES

(48,914

)

(46,614

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(48,903

)

(46,603

)

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

(48,905

)

(46,605

)

SHAREHOLDERS' FUNDS

(48,903

)

(46,603

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 16 November 2017 and were signed by:

A Fulton - Director

1.	STATUTORY INFORMATION

Select Developments (1993) Ltd is a private company, limited by shares , registered in Scotland. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

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

moving items.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

1,600

DEPRECIATION

At 1 April 2016

and 31 March 2017

1,589

NET BOOK VALUE

At 31 March 2017

11

At 31 March 2016

11

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

86,286

88,886

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other creditors

136,700

138,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinary

£1

2

2