Abbreviated Company Accounts - ARNBATHIE DEVELOPMENTS LIMITED

Abbreviated Company Accounts - ARNBATHIE DEVELOPMENTS LIMITED


Registered Number SC395867

ARNBATHIE DEVELOPMENTS LIMITED

Abbreviated Accounts

31 March 2014

ARNBATHIE DEVELOPMENTS LIMITED Registered Number SC395867

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Stocks 1,995,659 1,963,237
Debtors 114,477 119,155
Cash at bank and in hand 101,174 16,225
2,211,310 2,098,617
Creditors: amounts falling due within one year (411,276) (302,204)
Net current assets (liabilities) 1,800,034 1,796,413
Total assets less current liabilities 1,800,034 1,796,413
Creditors: amounts falling due after more than one year (500,000) (500,000)
Accruals and deferred income (4,000) -
Total net assets (liabilities) 1,296,034 1,296,413
Capital and reserves
Called up share capital 2 10,002 10,002
Share premium account 1,289,968 1,289,968
Profit and loss account (3,936) (3,557)
Shareholders' funds 1,296,034 1,296,413
  • For the year ending 31 March 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 October 2014

And signed on their behalf by:
Ann H Gloag, Director

ARNBATHIE DEVELOPMENTS LIMITED Registered Number SC395867

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1,608 A Ordinary shares of £1 each 1,608 1,608
8,394 B Ordinary shares of £1 each 8,394 8,394

Related Party Transactions
Creditor Amounts falling due within one year includes a loan from shareholders as follows:

Family Trusts - £314,572
Ann H Gloag - £21,123
Appindale Limited - £64305
Total - £400,000

These loans are interest free and repayable on demand.
Ann H Gloag is a trustee of each of the trusts.
Ann H Gloag is a director and majority shareholder in Appindale.