Simon Heath Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC242115 (Scotland)

Financial Statements for the Year Ended 31 January 2019

for

Simon Heath Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Doctor S B Heath

SECRETARY:

H T Owen

REGISTERED OFFICE:

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

REGISTERED NUMBER:

SC242115 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Property, plant and equipment

3

222

297

CURRENT ASSETS

Inventories

-

4,394

Debtors

4

9,215

9,041

Cash at bank

16,902

15,542

26,117

28,977

CREDITORS

Amounts falling due within one year

5

6,293

6,469

NET CURRENT ASSETS

19,824

22,508

TOTAL ASSETS LESS CURRENT LIABILITIES

20,046

22,805

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

19,946

22,705

SHAREHOLDERS' FUNDS

20,046

22,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director on 8 September 2019 and were signed by:

Doctor S B Heath - Director

1.	STATUTORY INFORMATION

Simon Heath Services Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing inventories to their present location and condition.

3.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 February 2018

and 31 January 2019

2,870

DEPRECIATION

At 1 February 2018

2,573

Charge for year

75

At 31 January 2019

2,648

NET BOOK VALUE

At 31 January 2019

222

At 31 January 2018

297

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Trade debtors

9,215

9,041

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Taxation and social security

4,295

5,471

Other creditors

1,998

998

6,293

6,469

6.	RELATED PARTY DISCLOSURES

During the year the director Doctor Simon B Heath advanced the company net amounts totalling £929. This

amount remained outstanding at 31/01/19 and is included within Other creditors in the notes to the accounts.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Doctor S B Heath.

During the year the company was controlled by the director Doctor Simon B Heath by virtue of his 100%

holding in the ordinary share capital of the company.