Abbreviated Company Accounts - INCHCOLM LAND LIMITED

INCHCOLM LAND LIMITED - Company Information

SC379669 INCHCOLM LAND LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true SC379669 2013-07-01 2014-06-30 SC379669 2014-06-30 SC379669 2013-06-30 SC379669 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 SC379669 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number SC379669

INCHCOLM LAND LIMITED

Abbreviated Accounts

30 June 2014

INCHCOLM LAND LIMITED Registered Number SC379669

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	566	-
		566	-
Current assets
Stocks		127,290	127,290
Debtors		1,273	1,049
Cash at bank and in hand		633	1,254
		129,196	129,593
Creditors: amounts falling due within one year		(39,574)	(26,592)
Net current assets (liabilities)		89,622	103,001
Total assets less current liabilities		90,188	103,001
Provisions for liabilities		(115,900)	(115,900)
Total net assets (liabilities)		(25,712)	(12,899)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(25,812)	(12,999)
Shareholders' funds		(25,712)	(12,899)

For the year ending 30 June 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 March 2015

And signed on their behalf by:
Alexander Williamson, Director

INCHCOLM LAND LIMITED Registered Number SC379669

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write of the cost less estimated residual valueof each asset over its exected useful life as follows. Fixtures, fittings and equipment 20% straight line

Valuation information and policy
Stock and work in progress is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 July 2013	0
Additions	707
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	707
Depreciation
At 1 July 2013	0
Charge for the year	141
On disposals	-
At 30 June 2014	141
Net book values
At 30 June 2014	566
At 30 June 2013	0

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100