Stirling Corporate Resources Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC471356 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Stirling Corporate Resources Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss E J Stirling

REGISTERED OFFICE:

302 Flat Gf1

Leith Walk

Edinburgh

EH6 5BU

REGISTERED NUMBER:

SC471356 (Scotland)

ACCOUNTANTS:

Facts & Figures (Scotland) Limited

4 Polwarth Gardens

Edinburgh

EH11 1LW

FIXED ASSETS

Tangible assets

4

1,092

1,489

CURRENT ASSETS

Cash at bank

44,107

44,798

CREDITORS

Amounts falling due within one year

5

12,583

10,875

NET CURRENT ASSETS

31,524

33,923

TOTAL ASSETS LESS CURRENT LIABILITIES

32,616

35,412

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

32,516

35,312

SHAREHOLDERS' FUNDS

32,616

35,412

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 director acknowledges her 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 director on 22 November 2018 and were signed by:

Miss E J Stirling - Director

1.	STATUTORY INFORMATION

Stirling Corporate Resources Limited 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.

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2017

and 31 March 2018

1,588

DEPRECIATION

At 1 April 2017

99

Charge for year

397

At 31 March 2018

496

NET BOOK VALUE

At 31 March 2018

1,092

At 31 March 2017

1,489

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Tax

7,735

6,571

VAT

3,031

2,705

Directors' loan accounts

1,454

1,246

Accrued expenses

363

353

12,583

10,875

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 April 2017

35,312

Profit for the year

32,579

Dividends

(35,375

)

At 31 March 2018

32,516

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 March 2018 and 31 March 2017:

2018

2017

£

£

Miss E J Stirling

Balance outstanding at start of year

(1,246

)

(1,808

)

Amounts advanced

-

770

Amounts repaid

(208

)

(208

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,454

)

(1,246

)

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss E J Stirling.