Ardmuir (Pittodrie Place) Ltd - Accounts to registrar (filleted) - small 18.2
Ardmuir (Pittodrie Place) Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2019 |
for |
Ardmuir (Pittodrie Place) Ltd |
Ardmuir (Pittodrie Place) Ltd (Registered number: SC513452) |
Contents of the Financial Statements |
for the Year Ended 31 March 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Ardmuir (Pittodrie Place) Ltd |
Company Information |
for the Year Ended 31 March 2019 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
25 Castle Terrace |
Edinburgh |
EH1 2ER |
Ardmuir (Pittodrie Place) Ltd (Registered number: SC513452) |
Balance Sheet |
31 March 2019 |
2019 | 2018 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks and Work-in-progress | 4 |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
Ardmuir (Pittodrie Place) Ltd (Registered number: SC513452) |
Notes to the Financial Statements |
for the Year Ended 31 March 2019 |
1. | STATUTORY INFORMATION |
Ardmuir (Pittodrie Place) Ltd is a |
registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. Cost includes all purchase, transport, and |
handling costs in bringing stocks and work-in-progress to their present location and condition. |
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. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial assets |
and liabilities like trade and other accounts receivable and payable and loan from related parties. |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at |
transaction price. |
Loans from related parties which are basic financial instruments with no stated interest and receivable or payable |
within one year are recorded at transaction price. |
Significant judgements and estimates |
Preparing the financial statements may require the directors to make significant judgements and estimates. The only |
assertion in the financial statements where these judgements and estimates were required was the valuation of work |
in progress. Work in progress was valued based on the directors knowledge of local market conditions. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2018 - NIL). |
4. | STOCKS AND WORK-IN-PROGRESS |
2019 | 2018 |
£ | £ |
Work-in-progress |
Ardmuir (Pittodrie Place) Ltd (Registered number: SC513452) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2019 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
Ordinary share | £1 | 1 | 1 |
8. | ULTIMATE CONTROLLING PARTY |
Ardmuir Limited is the company's immediate parent company. Ardmuir Limited is ultimately controlled by The Trustee of The O.B. Gisselbaek (1979) Trust. The ultimate beneficiaries of the Trust are members of the Gisselbaek family. |