ASL & Co Scotland Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC447673 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2018

for

ASL & Co Scotland Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Lal

N Lal

Mrs K L Lal

R L Sharma

REGISTERED OFFICE:

64 Craig House Suite 1

Darnley Street

Glasgow

Lanarkshire

G41 2SE

REGISTERED NUMBER:

SC447673 (Scotland)

ACCOUNTANTS:

Jackson Moughal

2 Fitzroy Place

Sauchiehall Street

Glasgow

Lanarkshire

G3 7RH

CURRENT ASSETS

Debtors

3

176,339

132,441

CREDITORS

Amounts falling due within one year

4

22,357

27,630

NET CURRENT ASSETS

153,982

104,811

TOTAL ASSETS LESS CURRENT LIABILITIES

153,982

104,811

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

153,882

104,711

153,982

104,811

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 April 2018 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 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 23 January 2019 and were signed on its behalf by:

N Lal - Director

1.	STATUTORY INFORMATION

ASL & Co Scotland 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.

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.

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

the Financial Reporting Standard for Smaller Entities (effective January 2008). The following

principal accounting policies have been applied:

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

176,339

132,441

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Tax

21,533

27,556

Other creditors

74

74

Accrued expenses

750

-

22,357

27,630

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Lal.