Suilven Edinburgh Limited - Limited company - abbreviated - 11.6

Suilven Edinburgh Limited - Limited company - abbreviated - 11.6


SC3362291.3.1431.12.1431.12.14Company accountsPrivate Limited CompanyFYtruefalsetruefalsefalsetruefalseOrdinary shares1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC3362292014-02-28SC3362292014-12-31SC3362292014-03-012014-12-31SC3362292013-02-28SC3362292013-03-012014-02-28SC3362292014-02-28SC336229ns12:Scotland2014-03-012014-12-31SC336229ns14:PoundSterling2014-03-012014-12-31SC336229ns7:Director12014-03-012014-12-31SC336229ns7:OrdinaryShareClass12014-03-012014-12-31SC336229ns7:Director22014-03-012014-12-31SC336229ns7:CompanySecretary2014-03-012014-12-31SC336229ns7:RegisteredOffice2014-03-012014-12-31SC336229ns7:EntityAccountantsOrAuditors2014-03-012014-12-31SC336229ns5:ComputerEquipment2014-03-012014-12-31SC336229ns7:OrdinaryShareClass12014-12-31SC336229ns7:OrdinaryShareClass12014-02-28
REGISTERED NUMBER: SC336229(Scotland)













Abbreviated Unaudited Accounts

for the Period

1 March 2014 to 31 December 2014

for

Suilven Edinburgh Limited

Suilven Edinburgh Limited (Registered number: SC336229)






Contents of the Abbreviated Accounts
for the Period 1 March 2014 to 31 December 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Suilven Edinburgh Limited

Company Information
for the Period 1 March 2014 to 31 December 2014







DIRECTORS: M L Ismail
A Ismail





SECRETARY: A H & Co Ltd





REGISTERED OFFICE: 6 Logie Mill
Beaverbank Business Park
Edinburgh
Lothian
EH7 4HG





REGISTERED NUMBER: SC336229(Scotland)





ACCOUNTANTS: A H & Co Ltd
Chartered Accountants
6 Logie Mill
Edinburgh
Lothian
EH7 4HG

Suilven Edinburgh Limited (Registered number: SC336229)

Abbreviated Balance Sheet
31 December 2014

31.12.14 28.2.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 306 359

CURRENT ASSETS
Debtors 435,533 363,689
Cash at bank and in hand 2,324 4,416
437,857 368,105
CREDITORS
Amounts falling due within one year 490,548 428,118
NET CURRENT LIABILITIES (52,691 ) (60,013 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(52,385
)
(59,654
)

PROVISIONS FOR LIABILITIES 61 72
NET LIABILITIES (52,446 ) (59,726 )

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (52,546 ) (59,826 )
SHAREHOLDERS' FUNDS (52,446 ) (59,726 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 25 September 2015and were signed on its behalf
by:




M L Ismail- Director


Suilven Edinburgh Limited (Registered number: SC336229)

Notes to the Abbreviated Accounts
for the Period 1 March 2014 to 31 December 2014

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).

The financial statements have been prepared on the going concern basis, the acceptability of which is dependent
on the continuing support of the directors.

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service
contracts where turnover is recognised when the company obtains the right to consideration.

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

Computer equipment - 25% on cost

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods
different from those in which they are included in the company's accounts. Deferred tax is provided in full on
timing differences which result in an obligation to pay more (or less) tax at a future date, at an average tax rate
that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no
commitment to sell the asset.

Deferred tax assets and liabilities are not discounted.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2014 1,825
Additions 60
At 31 December 2014 1,885
DEPRECIATION
At 1 March 2014 1,466
Charge for period 113
At 31 December 2014 1,579
NET BOOK VALUE
At 31 December 2014 306
At 28 February 2014 359

Suilven Edinburgh Limited (Registered number: SC336229)

Notes to the Abbreviated Accounts - continued
for the Period 1 March 2014 to 31 December 2014

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.14 28.2.14
value: £    £   
100 Ordinary shares £1 100 100

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company owed the directors £486,562 at the 31st December 2014 (February 2014: £425,573).

5. CONTROLLING INTEREST

There is no ultimate controlling party.