Smeaton and Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC417610 (Scotland)

Unaudited Financial Statements

for the Period 1 March 2018 to 31 May 2019

for

Smeaton and Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Smeaton

SECRETARY:

Ms R M Garrigan

REGISTERED OFFICE:

32/1 Stafford Street

Edinburgh

EH3 7BD

REGISTERED NUMBER:

SC417610 (Scotland)

ACCOUNTANTS:

Helen Lowe Ltd

17-21 East Mayfield

Edinburgh

EH9 1SE

FIXED ASSETS

Tangible assets

4

91

458

Investments

5

26,000

26,000

26,091

26,458

CURRENT ASSETS

Debtors

6

-

825

Cash at bank

397

8,842

397

9,667

CREDITORS

Amounts falling due within one year

7

11,681

17,571

NET CURRENT LIABILITIES

(11,284

)

(7,904

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,807

18,554

PROVISIONS FOR LIABILITIES

17

87

NET ASSETS

14,790

18,467

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

14,690

18,367

SHAREHOLDERS' FUNDS

14,790

18,467

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director on 31 March 2020 and were signed by:

C Smeaton - Director

1.	STATUTORY INFORMATION

Smeaton and Associates 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.

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 cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2018 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2018

2,947

Disposals

(1,657

)

At 31 May 2019

1,290

DEPRECIATION

At 1 March 2018

2,488

Charge for period

368

Eliminated on disposal

(1,657

)

At 31 May 2019

1,199

NET BOOK VALUE

At 31 May 2019

91

At 28 February 2018

459

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2018

and 31 May 2019

26,000

NET BOOK VALUE

At 31 May 2019

26,000

At 28 February 2018

26,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

28.2.18

£

£

Other debtors

-

825

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

28.2.18

£

£

Taxation and social security

996

259

Other creditors

10,685

17,312

11,681

17,571

8.	RELATED PARTY DISCLOSURES