Aberdeenshire Larder Limited Company Accounts
Aberdeenshire Larder Limited Company Accounts
COMPANY REGISTRATION NUMBER:
SC365801
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Financial Statements |
Year ended 30 April 2017
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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– |
Investments |
6 |
– |
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Current assets
Stocks |
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– |
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Debtors |
7 |
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– |
Cash at bank and in hand |
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– |
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– |
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Creditors: amounts falling due within one year |
8 |
(
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(
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Net current assets/(liabilities) |
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(
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
(
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– |
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Net assets |
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Statement of Financial Position (continued) |
2017 |
2016 |
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Note |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
29 January 2018
, and are signed on behalf of the board by:
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Director |
Company registration number:
SC365801
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Notes to the Financial Statements |
Year ended 30 April 2017
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Unit 3, Broomiesburn Road, Ellon, Aberdeenshire, AB41 9RD, Scotland.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 May 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 9.
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Foreign currencies
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Tenants improvements |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Office equipment |
- |
3 - 5 years straight line
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
The company had an interest in a partnership that is a catering butcher and game supplier. The company's share of profit is included in the profit and loss account.
Impairment of fixed assets
Stocks
Hire purchase contracts
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
39
(2016: Nil).
5.
Tangible assets
Tenants improvements |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Office equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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Additions |
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At 30 Apr 2017 |
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Depreciation |
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Charge for the year |
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At 30 Apr 2017 |
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Carrying amount |
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At 30 Apr 2017 |
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At 30 Apr 2016 |
– |
– |
– |
– |
– |
– |
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6.
Investments
Other investments other than loans |
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£ |
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Cost |
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At 1 May 2016 |
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Additions |
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Disposals |
(
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At 30 April 2017 |
– |
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Impairment |
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At 1 May 2016 and 30 April 2017 |
– |
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Carrying amount |
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At 30 April 2017 |
– |
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At 30 April 2016 |
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7.
Debtors
2017 |
2016 |
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£ |
£ |
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Trade debtors |
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– |
Other debtors |
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– |
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– |
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8.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Trade creditors |
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– |
Corporation tax |
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Social security and other taxes |
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– |
Other creditors |
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9.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 May 2015.
No transitional adjustments were required in equity or profit or loss for the year.