Oscar Scarlett Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC311070 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Oscar Scarlett Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr B Robertson

REGISTERED OFFICE:

2/5 King Street,

Leith,

Edinburgh,

Midlothian

EH6 6TN

REGISTERED NUMBER:

SC311070 (Scotland)

ACCOUNTANTS:

SJD Accountancy Scotland

First Floor

31 Palmerston Place

Edinburgh

EH12 5AP

CURRENT ASSETS

Debtors

2

1,500

929

Cash at bank

109,430

84,704

110,930

85,633

CREDITORS

Amounts falling due within one year

16,641

22,919

NET CURRENT ASSETS

94,289

62,714

TOTAL ASSETS LESS CURRENT LIABILITIES

94,289

62,714

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

93,289

61,714

SHAREHOLDERS' FUNDS

94,289

62,714

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 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 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 director on 27 January 2015 and were signed by:

Mr B 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 services, excluding value added tax.

DEFERRED TAX

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

balance sheet date.

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 the profit and loss account in the period to which they relate.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 1,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

1,000

Ordinary shares

£1

1,000

1,000

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

30 April 2013:

30.4.14

30.4.13

£

£

Mr B Robertson

Balance outstanding at start of year

929

1,000

Amounts advanced

-

135

Amounts repaid

(1,748

)

(206

)

Balance outstanding at end of year

(819

)

929