Argyle Bridge Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC277898 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

Argyle Bridge Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs H Y Robertson

G Robertson

REGISTERED OFFICE:

35 Kemp's End

Tranent

East Lothian

EH33 2GZ

REGISTERED NUMBER:

SC277898 (Scotland)

ACCOUNTANTS:

Douglas Home & Co Ltd

Chartered Accountants

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Tangible assets

2

18,602

17,363

CURRENT ASSETS

Cash at bank

26,242

52,155

CREDITORS

Amounts falling due within one year

13,288

26,085

NET CURRENT ASSETS

12,954

26,070

TOTAL ASSETS LESS CURRENT LIABILITIES

31,556

43,433

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

31,456

43,333

SHAREHOLDERS' FUNDS

31,556

43,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 January 2015 and were signed on its behalf by:

Mrs H Y Robertson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

24,910

Additions

9,954

At 30 April 2014

34,864

DEPRECIATION

At 1 May 2013

7,547

Charge for year

8,715

At 30 April 2014

16,262

NET BOOK VALUE

At 30 April 2014

18,602

At 30 April 2013

17,363

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/14

30/4/13

value:

£

£

100

Ordinary

1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2014 and

30 April 2013:

30/4/14

30/4/13

£

£

Mrs H Y Robertson

Balance outstanding at start of year

1,295

-

Amounts advanced

1,440

1,295

Amounts repaid

-

-

Balance outstanding at end of year

2,735

1,295

G Robertson

Balance outstanding at start of year

1,294

-

Amounts advanced

-

1,294

Amounts repaid

(717

)

-

Balance outstanding at end of year

577

1,294

As at 30th April 2014, the company owed the directors £3,313 (2103 £2,589). This is an interest free loan to the

company