S&M Property Maintenance (Scotland) Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC344682 (Scotland)

Abbreviated Accounts For The Year Ended 31 March 2014

for

S&M Property Maintenance (Scotland)

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

John Strange

Paul McHugh

SECRETARY:

John Strange

REGISTERED OFFICE:

c/o Robb Ferguson

5 Oswald Street

Glasgow

G1 4QR

REGISTERED NUMBER:

SC344682 (Scotland)

ACCOUNTANTS:

Robb Ferguson

Chartered Accountants

5 Oswald Street

Glasgow

G1 4QR

FIXED ASSETS

Tangible assets

2

775

1,354

CURRENT ASSETS

Debtors

33,344

17,663

Cash at bank

306

47

33,650

17,710

CREDITORS

Amounts falling due within one year

14,207

8,627

NET CURRENT ASSETS

19,443

9,083

TOTAL ASSETS LESS CURRENT LIABILITIES

20,218

10,437

PROVISIONS FOR LIABILITIES

155

271

NET ASSETS

20,063

10,166

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

19,963

10,066

SHAREHOLDERS' FUNDS

20,063

10,166

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 23 December 2014 and were signed on its behalf by:

John Strange - 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 net invoiced sales of goods, 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.

Fixed plant and equipment

-

15% on reducing balance

Motor vehicles

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

2,458

DEPRECIATION

At 1 April 2013

1,104

Charge for year

579

At 31 March 2014

1,683

NET BOOK VALUE

At 31 March 2014

775

At 31 March 2013

1,354

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100