Safety Welding and Lifting Holdings Ltd - Accounts to registrar (filleted) - small 18.2
Safety Welding and Lifting Holdings Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
FOR |
SAFETY WELDING AND LIFTING HOLDINGS LTD |
SAFETY WELDING AND LIFTING HOLDINGS LTD (REGISTERED NUMBER: SC338325) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SAFETY WELDING AND LIFTING HOLDINGS LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditor |
63 Kenneth Street |
Stornoway |
Isle of Lewis |
HS1 2DS |
SAFETY WELDING AND LIFTING HOLDINGS LTD (REGISTERED NUMBER: SC338325) |
BALANCE SHEET |
30 NOVEMBER 2017 |
30.11.16 | 30.11.17 |
£ | £ | Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
( |
) | NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
SAFETY WELDING AND LIFTING HOLDINGS LTD (REGISTERED NUMBER: SC338325) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
1. | STATUTORY INFORMATION |
Safety Welding and Lifting Holdings Ltd is a |
company's registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going concern |
The directors consider that there are no material uncertainties about the company's ability to continue as a going |
concern. |
Significant judgements and estimates |
The directors also consider that there are no significant areas of judgements, estimates or key assumptions that |
affect the items in the accounts. |
The company was dormant throughout the current year and previous period. |
Preparation of consolidated financial statements |
The financial statements contain information about Safety Welding and Lifting Holdings Ltd as an individual |
company and do not contain consolidated financial information as the parent of a group. The company is exempt |
under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial |
statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial |
statements of its parent, Rosskeen Holdings Limited, Rosskeen Old Manse, Invergordon, Ross-shire,IV18 0PL. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal |
of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
SAFETY WELDING AND LIFTING HOLDINGS LTD (REGISTERED NUMBER: SC338325) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 December 2016 |
and 30 November 2017 |
NET BOOK VALUE |
At 30 November 2017 |
At 30 November 2016 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.17 | 30.11.16 |
£ | £ |
Amounts owed to group undertakings |
6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
7. | ULTIMATE CONTROLLING PARTY |
The controlling party is M McDonald. |