Brian Mutch Tayside Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC179607 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Brian Mutch Tayside Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B Mutch

SECRETARY:

Mrs L Mutch

REGISTERED OFFICE:

4 Atholl Crescent

Perth

Perthshire

PH1 5NG

REGISTERED NUMBER:

SC179607 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

4 Atholl Crescent

Perth

Perthshire

PH1 5NG

FIXED ASSETS

Intangible assets

2

41,125

-

Tangible assets

3

6,327

-

47,452

-

CURRENT ASSETS

Debtors

125,078

220,468

Cash at bank and in hand

9,960

1

135,038

220,469

CREDITORS

Amounts falling due within one year

1,273

10,489

NET CURRENT ASSETS

133,765

209,980

TOTAL ASSETS LESS CURRENT LIABILITIES

181,217

209,980

CAPITAL AND RESERVES

Called up share capital

4

1

1

Capital redemption reserve

1

1

Profit and loss account

181,215

209,978

SHAREHOLDERS' FUNDS

181,217

209,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 8 December 2014 and were signed by:

B Mutch - Director

1.	ACCOUNTING POLICIES

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).

Turnover

Turnover represents the company's share of profit or loss received from the partnership of Brian

Mutch Tayside.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of eight years.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is provided at the average rates that are expected to apply when the timing differences

reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences

arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred

tax assets and liabilities are not discounted.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

47,000

At 31 March 2014

47,000

AMORTISATION

Amortisation for year

5,875

At 31 March 2014

5,875

NET BOOK VALUE

At 31 March 2014

41,125

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

6,327

At 31 March 2014

6,327

NET BOOK VALUE

At 31 March 2014

6,327

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

5.	ULTIMATE CONTROLLING PARTY