Registered Number:SC434404 |
For the year ended 31 March 2017
Scotland
Unaudited Financial Statements
Auld Reekie Tours Ltd
Statement of Financial Position
2016
2017
1,167
3,167
2
Property, plant and equipment |
757
1,010
3
1,924
4,177
Trade and other receivables |
43,398
76,033
4
7,700
Cash and cash equivalents |
12,303
88,336
51,098
Trade and other payables: amounts falling due within one |
year |
(74,225)
(96,992)
5
(23,127)
(8,656)
Net current liabilities
Total assets less current liabilities |
(6,732)
(18,950)
(6,732)
Net liabilities
(18,950)
10
10
(6,742)
(18,960)
(6,732)
(18,950)
Shareholders' funds
For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
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 proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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. |
Mr Ian Wilson McKain Director |
These financial statements were approved and authorised for issue by the Board on 29 December 2017 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2017
Auld Reekie Tours Ltd
Notes to the Financial Statements
Statutory Information
Auld Reekie Tours Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number |
SC434404. |
45 Niddry Street
Edinburgh
EH1 1LG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Intangible fixed assets |
Goodwill
10,000
10,000
6,833
2,000
Charge for year
8,833
1,167
3,167
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For the year ended 31 March 2017
Auld Reekie Tours Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment |
1,956
1,956
Provision for depreciation and impairment |
946
Charge for year
253
1,199
757
1,010
4. Trade and other receivables |
2016
2017
74,703
41,068
1,330
2,330
43,398
76,033
5. Trade and other payables: amounts falling due within one year |
2016
2017
Taxation and social security |
24,930
23,516
72,062
50,709
96,992
74,225
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