Furniture Exhibitions (Scotland) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC107412 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Furniture Exhibitions (Scotland) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Dymond

B Kay

SECRETARY:

R Dymond

REGISTERED OFFICE:

c/o Campbell Dallas LLP

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

REGISTERED NUMBER:

SC107412 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

FIXED ASSETS

Tangible assets

2

42

53

CURRENT ASSETS

Debtors

940

2,100

Cash at bank

53,079

43,666

54,019

45,766

CREDITORS

Amounts falling due within one year

4,426

3,637

NET CURRENT ASSETS

49,593

42,129

TOTAL ASSETS LESS CURRENT LIABILITIES

49,635

42,182

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

49,633

42,180

SHAREHOLDERS' FUNDS

49,635

42,182

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 directors acknowledge their 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 Board of Directors on 11 September 2014 and were signed on its behalf by:

R Dymond - 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 invoiced amount of services provided, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

1,091

DEPRECIATION

At 1 April 2013

1,038

Charge for year

11

At 31 March 2014

1,049

NET BOOK VALUE

At 31 March 2014

42

At 31 March 2013

53

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2