Sandskerry Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC307222 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

6 APRIL 2017 TO 5 OCTOBER 2018

FOR

SANDSKERRY LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTOR:

Mrs J Munro

REGISTERED OFFICE:

37 Gordon Road

Mannofield

Aberdeen

AB15 7RY

REGISTERED NUMBER:

SC307222 (Scotland)

ACCOUNTANTS:

Acumen Accountants and Advisors Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeenshire

AB12 4XX

FIXED ASSETS

Tangible assets

4

-

342

CURRENT ASSETS

Debtors

5

-

3,895

Cash at bank

2,344

46,972

2,344

50,867

CREDITORS

Amounts falling due within one year

6

1,120

3,389

NET CURRENT ASSETS

1,224

47,478

TOTAL ASSETS LESS CURRENT LIABILITIES

1,224

47,820

PROVISIONS FOR LIABILITIES

-

68

NET ASSETS

1,224

47,752

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

1,124

47,652

SHAREHOLDERS' FUNDS

1,224

47,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 October 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 October 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 6 January 2019 and were signed by:

Mrs J Munro - Director

1.	STATUTORY INFORMATION

Sandskerry 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

-

33% on cost

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

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

financial position 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 period 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.

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 period was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6 April 2017

1,554

Additions

339

Disposals

(1,893

)

At 5 October 2018

-

DEPRECIATION

At 6 April 2017

1,212

Eliminated on disposal

(1,212

)

At 5 October 2018

-

NET BOOK VALUE

At 5 October 2018

-

At 5 April 2017

342

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

3,728

Other debtors

-

167

-

3,895

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

-

2

Taxation and social security

(1,430

)

1,949

Other creditors

2,550

1,438

1,120

3,389

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 6 April 2017

47,652

Deficit for the period

(5,610

)

Dividends

(40,918

)

At 5 October 2018

1,124

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J Munro.

The following reproduces the text of the report prepared for the director 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 Statement of

Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of

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

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the period ended 5 October 2018 set out on pages three to seven 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.

Acumen Accountants and Advisors Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeenshire

AB12 4XX

10 January 2019