Accounts Submission

Company Accounts and Tax Online SC390206 Board of Directors 1.7.17 30.6.18 30.6.18 false iso4217:GBP xbrli:pure SC390206 2016-07-01 2017-06-30 SC390206 2018-06-30 SC390206 2017-07-01 2018-06-30 SC390206 2017-06-30 SC390206 countries:Scotland 2017-07-01 2018-06-30 SC390206 curr:PoundSterling 2017-07-01 2018-06-30 SC390206 uk-bus:CompanyLimitedByGuarantee 2017-07-01 2018-06-30 SC390206 uk-bus:FRS102 2017-07-01 2018-06-30 SC390206 uk-bus:AuditExempt-NoAccountantsReport 2017-07-01 2018-06-30 SC390206 uk-bus:FullAccounts 2017-07-01 2018-06-30 SC390206 uk-bus:RegisteredOffice 2017-07-01 2018-06-30 SC390206 uk-bus:Director1 2017-07-01 2018-06-30 SC390206 uk-bus:Director1 2017-07-01 SC390206 uk-bus:Director1 2018-06-30 SC390206 uk-bus:Director2 2017-07-01 2018-06-30 SC390206 uk-bus:Director2 2017-07-01 SC390206 uk-bus:Director2 2018-06-30 SC390206 core:AfterOneYear 2018-06-30 SC390206 core:AfterOneYear 2017-06-30 SC390206 core:WithinOneYear 2018-06-30 SC390206 core:WithinOneYear 2017-06-30 SC390206 core:WithinOneYear 2017-07-01 2018-06-30 SC390206 core:AfterOneYear 2018-06-30 SC390206 core:AfterOneYear 2017-06-30 SC390206 core:AfterOneYear 2017-07-01 2018-06-30 SC390206 core:ShareCapital 2018-06-30 SC390206 core:ShareCapital 2017-06-30 SC390206 core:RevaluationReserve 2018-06-30 SC390206 core:RevaluationReserve 2017-06-30 SC390206 core:RetainedEarningsAccumulatedLosses 2018-06-30 SC390206 core:RetainedEarningsAccumulatedLosses 2017-06-30 SC390206 core:Associate1 2017-07-01 2018-06-30 SC390206 core:Associate1 2017-06-30 SC390206 core:Associate1 2018-06-30 SC390206 core:Associate1 2017-07-01 2018-06-30 SC390206 1 2017-07-01 2018-06-30 SC390206 core:LandBuildings 2017-07-01 2018-06-30 SC390206 core:LandBuildings 2018-06-30 SC390206 core:LandBuildings 2016-07-01 2017-06-30 SC390206 core:LandBuildings 2017-06-30 SC390206 core:PlantMachinery 2017-07-01 2018-06-30 SC390206 core:PlantMachinery 2018-06-30 SC390206 core:PlantMachinery 2016-07-01 2017-06-30 SC390206 core:PlantMachinery 2017-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2017-07-01 2018-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2018-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2016-07-01 2017-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2017-06-30 SC390206 core:OfficeEquipment 2017-07-01 2018-06-30 SC390206 core:OfficeEquipment 2018-06-30 SC390206 core:OfficeEquipment 2016-07-01 2017-06-30 SC390206 core:OfficeEquipment 2017-06-30 SC390206 core:Vehicles 2017-07-01 2018-06-30 SC390206 core:Vehicles 2018-06-30 SC390206 core:Vehicles 2016-07-01 2017-06-30 SC390206 core:Vehicles 2017-06-30 SC390206 core:NetGoodwill 2017-07-01 2018-06-30 SC390206 core:NetGoodwill 2018-06-30 SC390206 core:NetGoodwill 2016-07-01 2017-06-30 SC390206 core:NetGoodwill 2017-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2017-07-01 2018-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2018-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2016-07-01 2017-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2017-06-30

Company Registration Number:
SC390206 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2018

Period of accounts

Start date: 01 July 2017

End date: 30 June 2018

Contents of the Financial Statements

for the Period Ended 30 June 2018


Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 10

Directors' Report Period Ended 30 June 2018

The directors present their report with the financial statements of the company for the period ended 30 June 2018

Principal Activities

The main activity of the Company is to facilitate the funding of projects and work streams as agreed under the Scottish Alcohol Industry Partnership.

Additional information

Changes in directors following year end. Ms D Droogsma was appointed as a director on 20 December 2018.

Directors

The directors shown below have held office during the whole of the period from 01 July 2017 to 30 June 2018
Mr D R Meikle

The director(s) shown below resigned during the period
Mr D A Williamson
09 November 2017

This report was approved by the board of directors on 26 March 2019
And Signed On Behalf Of The Board By:

Name: Mr D R Meikle
Status: Director

Income and Expenditure Account

for the Period Ended 30 June 2018

	2018 £	2017 £
Turnover	58,500	32,000
Cost of sales	(0)	(0)
Gross surplus or (deficit)	58,500	32,000
Distribution Costs	(0)	(0)
Administrative Expenses	(48,290)	(33,492)
Operating surplus or (deficit)	10,210	(1,492)
Interest Receivable and Similar Income	0	4
Surplus or (deficit) before tax	10,210	(1,488)
Tax on surplus	(1,258)	(0)
Surplus or (deficit) for the period	8,952	(1,488)

The notes form part of these financial statements

Balance sheet

As at 30 June 2018

	Notes	2018 £	2017 £
Fixed assets
Total fixed assets:		-	-
Current assets
Debtors:	3	29,294	29,748
Cash at bank and in hand:		27,900	14,607
Total current assets:		57,194	44,355
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	4	( 33,830 )	( 29,943 )
Net current assets (liabilities):		23,364	14,412
Total assets less current liabilities:		23,364	14,412
Accruals and deferred income:		( 0 )	( 0 )
Total net assets (liabilities):		23,364	14,412

The notes form part of these financial statements

Balance sheet continued

As at 30 June 2018

	2018 £	2017 £
Reserves
Income and expenditure account	23,364	14,412
Members funds	23,364	14,412

For the year ending 30 June 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 March 2019
And Signed On Behalf Of The Board By:

Name: Mr D R Meikle
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2018

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Contributions to costs are charged to participating organisations and are calculated to cover estimated expenditure for the period.

Notes to the Financial Statements

for the Period Ended 30 June 2018

2. Employees

2018

2017

No remuneration was paid to any director during the period. The Company had no other employees.

Notes to the Financial Statements

for the Period Ended 30 June 2018

3. Debtors

	2018 £	2017 £
Trade debtors	28,000	16,800
Prepayments and accrued income	0	9,332
Other debtors	1,294	3,616
Total	29,294	29,748

Notes to the Financial Statements

for the Period Ended 30 June 2018

4.Creditors: amounts falling due within one year note

	2018 £	2017 £
Trade creditors	15,067	29,937
Taxation and social security	1,258	0
Accruals and deferred income	17,505	6
Total	33,830	29,943

Notes to the Financial Statements

for the Period Ended 30 June 2018

5.1.Related party disclosures

Name of related party:	The Scotch Whisky Association
Description of relationship:
Two employees of the Scotch Whisky Association were the directors of Alcohol IP Ltd during the year.
Description of the transaction:
Invoices totalling £5,000 (2017: £2,500) were issued to the Scotch Whisky Association during the year. The Scotch Whisky Association paid invoices on behalf of the Company totalling £228 (2017: £29,937)
Balance at 01 July 2017	29,937
Balance at 30 June 2018	10,165

Director:		Mr D R Meikle
		Mr D A Williamson


Registered office:		Quartermile Two 2 Lister Square Edinburgh EH3 9GL


Company Registration Number:		SC390206 (Scotland)

Accounts Submission