Home Control Scotland Ltd Accounts

HOME CONTROL SCOTLAND LTD - Company Information






Home Control Scotland Ltd

	Company No. SC354561
		Information for Filing with The Registrar
		28 February 2020

The Directors present their report and the accounts for the period ended 28 February 2020.

Principal activities
The principal activity of the company during the period under review was home entertainment.




Directors

The Directors who served at any time during the period were as follows:

E. Marshall
S. McCrory
S. Phillips



































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

S. McCrory
Company Secretary
08 July 2020

at	28 February 2020
Company No.		SC354561	Notes	2020	2019
				£	£
Fixed assets

	Tangible assets		4	6,322	7,903


				6,322	7,903
Current assets
	Stocks		5	3,500	3,500
	Debtors		6	76,400	33,647

	Cash at bank and in hand			3,428	25,230
				83,328	62,377
Creditors: Amount falling due within one year			7	(69,086)	(50,937)
Net current assets				14,242	11,440
Total assets less current liabilities				20,564	19,343
Creditors: Amounts falling due after more than one year			8	-	(2,601)



Net assets				20,564	16,742

Capital and reserves
	Called up share capital			5	5



	Profit and loss account		9	20,559	16,737

Total equity				20,564	16,742



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 28 February 2020 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 08 July 2020
And signed on its behalf by:
S. McCrory
Director
08 July 2020

for the period ended 28 February 2020

General information

Its registered number is: SC354561

Its registered office is:

Its trading address is:

Unit 53 Imex Business Centre

Bilston Glen Industrial Esta

Loanhead

EH20 9LZ

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006. The March 2018 edition of FRS 102 includes amendments arising from the Financial Reporting Council's triennial review of the standard. There is no material effect on the amounts recognised in these financial statements as a result of early adopting these amendments.

Accounting policies

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Motor vehicles

20% Reducing balance

Furniture, fittings and equipment

20% Reducing balance

3	Employees
			2020	2019
			Number	Number
		The average number of persons employed during the period :	4	4

4	Tangible fixed assets
			Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 March 2019	18,847	14,914	33,761




		At 28 February 2020	18,847	14,914	33,761
		Depreciation
		At 1 March 2019	12,542	13,316	25,858
		Charge for the year	1,261	320	1,581



		At 28 February 2020	13,803	13,636	27,439
		Net book values
		At 28 February 2020	5,044	1,278	6,322
		At 28 February 2019	6,305	1,598	7,903

5	Stocks
			2020	2019
			£	£
		Raw materials and consumables	3,500	3,500


			3,500	3,500

6	Debtors
			2020	2019
			£	£
		Trade debtors	55,617	31,956





		Other debtors	20,783	1,690
		Prepayments and accrued income	-	1
			76,400	33,647

7	Creditors:
		amounts falling due within one year
			2020	2019
			£	£

		Bank loans and overdrafts	12,717	12,976

		Obligations under finance lease and hire purchase contracts	2,321	2,601


		Corporation tax	17,047	14,040
		Other taxes and social security	24,829	12,701
		Loans from directors	10,888	6,388
		Other creditors	-	946
		Accruals and deferred income	1,284	1,285
			69,086	50,937

8	Creditors:
		amounts falling due after more than one year
			2020	2019
			£	£



		Obligations under finance lease and hire purchase contracts	-	2,601




			-	2,601

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

10	Dividends
			2020	2019
			£	£
		Dividends for the period:
		Dividends paid in the period	67,315	66,875

			67,315	66,875

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	67,315	66,875
			67,315	66,875

11	Related party disclosures
				2020	2019
		Transactions with related parties		£	£

























































		Name of related party	E. Marshall
		Description of relationship between the parties	Director
		Description of transaction and general amounts involved	Director's loan
		Amount due from/(to) the related party		(2,000)	(4,500)
		Provision for doubtful debts due from the related party		-	-
		Amounts written off in the period in respect of debts from/(to) the related party		-	-

		Name of related party	S. McCrory
		Description of relationship between the parties	Director
		Description of transaction and general amounts involved	Director's loan
		Amount due from/(to) the related party		(4,444)	(944)
		Provision for doubtful debts due from the related party		-	-
		Amounts written off in the period in respect of debts from/(to) the related party		-	-

		Name of related party	S. Phillips
		Description of relationship between the parties	Director
		Description of transaction and general amounts involved	Director's loan
		Amount due from/(to) the related party		(4,444)	(944)
		Provision for doubtful debts due from the related party		-	-
		Amounts written off in the period in respect of debts from/(to) the related party		-	-