Harlaw Property & Management Services Lt - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC069874 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Harlaw Property & Management Services

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

D Watson

Mrs M L Watson

SECRETARY:

D Watson

REGISTERED OFFICE:

10 Bennie Place

Bearsden

Glasgow

G61 3EG

REGISTERED NUMBER:

SC069874 (Scotland)

ACCOUNTANTS:

LIVINGSTONE & Co CA

12 Middlebank Crescent

DUNFERMLINE

KY11 8LS

FIXED ASSETS

Tangible assets

4

1

200

Investment property

5

242,590

242,590

242,591

242,790

CURRENT ASSETS

Debtors

6

18,537

18,537

Cash at bank

7,218

5,678

25,755

24,215

CREDITORS

Amounts falling due within one year

7

2,046

2,635

NET CURRENT ASSETS

23,709

21,580

TOTAL ASSETS LESS CURRENT LIABILITIES

266,300

264,370

CREDITORS

Amounts falling due after more than one year

8

55,865

48,605

NET ASSETS

210,435

215,765

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

160,435

165,765

SHAREHOLDERS' FUNDS

210,435

215,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 July 2018 and were signed on its behalf by:

D Watson - Director

1.	STATUTORY INFORMATION

Harlaw Property & Management Services Ltd is a private company, limited by shares , registered in Scotland.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 etc

-

33% on cost and 20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

Foreign currencies

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Assets and liabilities in foreign currencies are translated into sterling at rates of exchange ruling at the balance

sheet date. All exchange differences are dealt with in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

10,874

Disposals

(10,274

)

At 31 March 2018

600

DEPRECIATION

At 1 April 2017

10,674

Charge for year

199

Eliminated on disposal

(10,274

)

At 31 March 2018

599

NET BOOK VALUE

At 31 March 2018

1

At 31 March 2017

200

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2017

and 31 March 2018

242,590

NET BOOK VALUE

At 31 March 2018

242,590

At 31 March 2017

242,590

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other debtors

18,537

18,537

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Taxation and social security

246

835

Other creditors

1,800

1,800

2,046

2,635

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Other creditors

55,865

48,605

31.3.18

31.3.17

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

55,865

48,605

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the issued share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Harlaw Property & Management Services Ltd for the year ended 31 March 2018 which comprise

the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Harlaw Property & Management Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Harlaw Property & Management Services Ltd and state those matters that we have agreed to state to the Board of Directors of Harlaw Property & Management Services Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Harlaw Property & Management Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Harlaw Property & Management Services Ltd. You consider that Harlaw Property & Management Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Harlaw Property & Management Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

LIVINGSTONE & Co CA

12 Middlebank Crescent

DUNFERMLINE

KY11 8LS

24 July 2018