Scottish Fencing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC265956 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

FOR

SCOTTISH FENCING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr C R C Hyde

Mr G Hart

Mr M O'Donnell

Dr R M Clarke

SECRETARY:

Morton Fraser Secretaries Limited

REGISTERED OFFICE:

Caledonia House

1 Redheughs Rigg

South Gyle

EDINBURGH

EH12 9BQ

REGISTERED NUMBER:

SC265956 (Scotland)

ACCOUNTANTS:

Macfarlane Gray

part of French Duncan LLP

Chartered Accountants

Macfarlane Gray House

Castlecraig Business Park

Springbank Road

Stirling

Stirlingshire

FK7 7WT

FIXED ASSETS

Tangible assets

2

4,179

6,293

CURRENT ASSETS

Debtors

1,145

1,014

Cash at bank

160,880

54,884

162,025

55,898

CREDITORS

Amounts falling due within one year

(119,945

)

(28,409

)

NET CURRENT ASSETS

42,080

27,489

TOTAL ASSETS LESS CURRENT LIABILITIES

46,259

33,782

CREDITORS

Amounts falling due after more than one year

-

(1,834

)

NET ASSETS

46,259

31,948

RESERVES

Profit and loss account

46,259

31,948

46,259

31,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 April 2015 and were signed on its behalf by:

Mr C R C Hyde - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Grants

Grants are credited to the profit and loss account in the same period as the related expenditure.

Outstanding grant claims for expenditure incurred in the year are accrued and included within debtors.

Deferred grants are expected to be spent in the twelve months following the company's year end.

Government grants in respect of capital expenditure are treated as deferred income and are credited to the profit

and loss account over the useful life of the assets to which they relate.

Members' subscriptions

Subscriptions are credited to the profit and loss account in the same period of membership that the subscription

covers.

Other income

All other income is accounted for on the accruals basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Fencing equipment

-

20% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

37,402

Additions

1,236

At 31 August 2014

38,638

DEPRECIATION

At 1 September 2013

31,109

Charge for year

3,350

At 31 August 2014

34,459

NET BOOK VALUE

At 31 August 2014

4,179

At 31 August 2013

6,293