Abbreviated Company Accounts - THEATRE WORKSHOP SCOTLAND LIMITED

THEATRE WORKSHOP SCOTLAND LIMITED - Company Information

Registered Number SC058311

THEATRE WORKSHOP SCOTLAND LIMITED

Abbreviated Accounts

31 March 2015

THEATRE WORKSHOP SCOTLAND LIMITED Registered Number SC058311

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	946	1,261
Investments	4	1	2
		947	1,263
Current assets
Stocks		428	428
Debtors		5,535	889
Cash at bank and in hand		28,254	57,753
		34,217	59,070
Creditors: amounts falling due within one year		(4,502)	(41,838)
Net current assets (liabilities)		29,715	17,232
Total assets less current liabilities		30,662	18,495
Total net assets (liabilities)		30,662	18,495
Reserves
Income and expenditure account		30,662	18,495
Members' funds		30,662	18,495

For the year ending 31 March 2015 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 December 2015

And signed on their behalf by:
Jeremy Hugh Anderson, Director

THEATRE WORKSHOP SCOTLAND LIMITED Registered Number SC058311

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective April 2008) and the Companies Act 2006.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Leasehold renovations - 10% straight line
Fixtures, fittings & equipment - 20% - 50% straight line
Motor vehicles - 20% straight line

Valuation information and policy
Fixed asset investments are included at market value at the balance sheet date.

Stock is valued at the lower of cost and net realisable value.

2Company limited by guarantee
The Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 April 2014	68,034
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	68,034
Depreciation
At 1 April 2014	66,773
Charge for the year	315
On disposals	-
At 31 March 2015	67,088
Net book values
At 31 March 2015	946
At 31 March 2014	1,261

4Fixed assets Investments
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Grassroots (TWS) Distribution Limited
100% of voting rights and shares held

Capital & Reserves - 1
Profit/(loss) for the period - £nil

Grassroots (TWS) Distribution Limited has been dormant since incorporation.