Stuf! Marketing Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC445346 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Stuf! Marketing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs F J Cuthbert

Mr A Byrne

REGISTERED OFFICE:

15 Gladstone Place

Stirling

FK8 2NN

REGISTERED NUMBER:

SC445346 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

15 Gladstone Place

Stirling

FK8 2NX

CURRENT ASSETS

Stocks

8,249

4,333

Debtors

21,200

3,194

Cash at bank

38

-

29,487

7,527

CREDITORS

Amounts falling due within one year

37,868

19,173

NET CURRENT LIABILITIES

(8,381

)

(11,646

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,381

)

(11,646

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

(8,481

)

(11,746

)

SHAREHOLDERS' FUNDS

(8,381

)

(11,646

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 7 December 2015 and were signed on its behalf by:

Mrs F J Cuthbert - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary Shares

£1

100

100

3.	GOING CONCERN

At 31 March 2015 the liabilities of the company exceeded its assets by £8,381 (2014: £11,646) and as

such the company was technically insolvent.

However, the company continues to be financially supported by its directors. The company has

continued to trade and meet all debts as and when they fall due for payment.

On this basis the directors consider it appropriate to prepare financial statements on a going concern

basis.