Talamh Life Centre Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: SC201509 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

TALAMH LIFE CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTORS:

P Barham

S Cox

Ms A Mordin

B Luckhurst

SECRETARY:

Ms U McCue

REGISTERED OFFICE:

Birkhill House

Nr. Coalburn

Lanarkshire

ML11 0JN

REGISTERED NUMBER:

SC201509 (Scotland)

ACCOUNTANTS:

G. Ingram and Company Limited

8 Abbeygreen

Lesmahagow

South Lanarkshire

ML11 0DB

FIXED ASSETS

Tangible assets

3

34,195

34,195

CURRENT ASSETS

Cash at bank and in hand

4,273

4,234

CREDITORS

Amounts falling due within one year

4

222

422

NET CURRENT ASSETS

4,051

3,812

TOTAL ASSETS LESS CURRENT LIABILITIES

38,246

38,007

RESERVES

Income and expenditure account

38,246

38,007

38,246

38,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 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 surplus or deficit 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 22 August 2018 and were signed on its behalf by:

S Cox - Director

1.	STATUTORY INFORMATION

Talamh Life Centre Limited is a private company, limited by guarantee , 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.

Improvements to property

-

in accordance with the property

Plant and machinery

-

in accordance with the property

Fixtures and fittings

-

in accordance with the property

Computer equipment

-

in accordance with the property

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.

3.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 December 2016

and 30 November 2017

42,270

7,213

690

7,140

57,313

DEPRECIATION

At 1 December 2016

and 30 November 2017

9,739

6,618

608

6,153

23,118

NET BOOK VALUE

At 30 November 2017

32,531

595

82

987

34,195

At 30 November 2016

32,531

595

82

987

34,195

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Taxation and social security

22

22

Other creditors

200

400

222

422

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

G. Ingram and Company Limited

8 Abbeygreen

Lesmahagow

South Lanarkshire

ML11 0DB

Date: .............................................