West Lothian Angling Ltd

West Lothian Angling Ltd

WEST LOTHIAN ANGLING LTD - Company Information

Print Friendly Version

1 February 2018 false No description of principal activity Taxfiler 2019.10.Web SC555999business:PrivateLimitedCompanyLtd2018-02-012019-01-31 SC5559992018-01-31 SC5559992018-02-012019-01-31 SC555999business:AuditExemptWithAccountantsReport2018-02-012019-01-31 SC555999business:FullAccounts2018-02-012019-01-31 SC5559992019-01-31 SC555999business:Director12018-02-012019-01-31 SC555999business:RegisteredOffice2018-02-012019-01-31 SC555999core:WithinOneYear2019-01-31 SC555999core:AfterOneYear2019-01-31 SC555999business:Micro-entities2018-02-012019-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC555999 (Scotland)
West Lothian Angling Ltd Unaudited accounts for the year ended 31 January 2019
West Lothian Angling Ltd Annual report and unaudited accounts for the year ended 31 January 2019
CONTENTS
PAGE
- 2 -
West Lothian Angling Ltd Company Information for the year ended 31 January 2019
Director
Andrew Taggart
Company Number
SC555999 (Scotland)
Registered Office
10 NASMYTH COURT HOUSTOUN INDUSTRIAL ESTATE LIVINGSTON WEST LOTHIAN EH54 5EG SCOTLAND
Accountants
Peter Andrew 6 Gladstone Place Stirling FK8 2NN
- 3 -
West Lothian Angling Ltd Accountants' report
Accountants' report to the director of West Lothian Angling Ltd on the preparation of the unaudited statutory accounts for the year ended 31 January 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of West Lothian Angling Ltd for the year ended 31 January 2019 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of West Lothian Angling Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of West Lothian Angling Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than West Lothian Angling Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that West Lothian Angling Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of West Lothian Angling Ltd. You consider that West Lothian Angling Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of West Lothian Angling Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Peter Andrew 6 Gladstone Place Stirling FK8 2NN 2 October 2019
- 4 -
West Lothian Angling Ltd Statement of Financial Position as at 31 January 2019
2019 
£ 
Fixed assets
539 
Current assets
27,069 
Creditors: amounts falling due within one year
(24,754)
Net current assets
2,315 
Total assets less current liabilities
2,854 
Creditors: amounts falling due after more than one year
(14,623)
Net liabilities
(11,769)
Capital and reserves
(11,769)
NOTES TO THE ACCOUNTS
1 Director's advances, credit and guarantees
The business has chosen to elect under s.178 Income Tax (Trading and Other Income) Act 2005 that the transfer of stock from West Lothian Angling (sole trader) is treated as made at the cost and the amount paid for the stock by the transferee to West Lothian Angling Ltd as at the transfer of business on 1st January 2019. The value of this tranfer of Stock has been credited to the Directors Loan Account The Business has chosen to elect under S266, CAA 2001 for the plant and machinery and fixtures and fittings of West Lothian Angling (sole trader) to be transferred at Tax Written Down Value to West Lothian Angling Ltd as at the transfer of business on 1st January 2019.
2 Average number of employees
During the year the average number of employees was 1.
For the year ending 31 January 2019 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 1 October 2019
Andrew Taggart Director Company Registration No. SC555999
- 5 -