Alladins Market Limited - Accounts to registrar (filleted) - small 18.2

Alladins Market Limited - Accounts to registrar (filleted) - small 18.2

ALLADINS MARKET LIMITED - Company Information

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REGISTERED NUMBER: SC475584 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

ALLADINS MARKET LIMITED
ALLADINS MARKET LIMITED (REGISTERED NUMBER: SC475584)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2018




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


ALLADINS MARKET LIMITED (REGISTERED NUMBER: SC475584)

ABRIDGED BALANCE SHEET
30 April 2018

30.4.18 30.4.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 430,883 430,883

CURRENT ASSETS
Debtors 4,621 4,621
Cash at bank 522 522
5,143 5,143
CREDITORS
Amounts falling due within one year 266,521 266,521
NET CURRENT LIABILITIES (261,378 ) (261,378 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
169,505
169,505

CAPITAL AND RESERVES
Called up share capital 50 50
Revaluation reserve 5 152,250 152,250
Retained earnings 17,205 17,205
SHAREHOLDERS' FUNDS 169,505 169,505

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The notes form part of these financial statements

Page 1 continued...
ALLADINS MARKET LIMITED (REGISTERED NUMBER: SC475584)

ABRIDGED BALANCE SHEET - continued
30 April 2018



The financial statements were approved by the director on 29 January 2019 and were signed by:





P G McNiven - Director


The notes form part of these financial statements

Page 2
ALLADINS MARKET LIMITED (REGISTERED NUMBER: SC475584)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2018

1. STATUTORY INFORMATION

Alladins Market Limited is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address are as below:

Registered number: SC475584

Registered office: 16 Northburn Avenue
Airdrie
Scotland
ML6 6QD

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 as modified by the revaluation of certain assets.

Turnover and revenue recognition
Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when
goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

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ALLADINS MARKET LIMITED (REGISTERED NUMBER: SC475584)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2018

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 May 2017
and 30 April 2018 437,742
DEPRECIATION
At 1 May 2017
and 30 April 2018 6,859
NET BOOK VALUE
At 30 April 2018 430,883
At 30 April 2017 430,883

Cost or valuation at 30 April 2018 is represented by:

Totals
£   
Valuation in 2014 152,250

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF
FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL
Cost/valuation b/f 416,952
416,952

CLIENT SCREEN TOTAL = -


** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF
FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
IMPROVEMENTS TO PROPERTY

'COST' ACCOUNT TOTAL
Cost/valuation b/f 20,790
20,790

CLIENT SCREEN TOTAL = -


5. RESERVES
Revaluation
reserve
£   
At 1 May 2017
and 30 April 2018 152,250

Page 4