Sandyford Consultants Limited - Limited company - abbreviated

REGISTERED NUMBER: SC176052 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2015

for

Sandyford Consultants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

AJ Halley

SECRETARY:

AJ Halley

REGISTERED OFFICE:

127A Cadzow Street

Hamilton

Lanarkshire

ML3 6JA

REGISTERED NUMBER:

SC176052 (Scotland)

ACCOUNTANTS:

McLellan Harris & Co.

Waterloo Chambers

19 Waterloo Street

Glasgow

G2 6AY

FIXED ASSETS

Tangible assets

2

-

480

CURRENT ASSETS

Stocks

14,181

11,200

Debtors

24,672

22,025

Cash at bank

17,767

38,135

56,620

71,360

CREDITORS

Amounts falling due within one year

(12,274

)

(10,831

)

NET CURRENT ASSETS

44,346

60,529

TOTAL ASSETS LESS CURRENT
LIABILITIES

44,346

61,009

CAPITAL AND RESERVES

Called up share capital

3

60

Share premium

13,960

Capital redemption reserve

40

Profit and loss account

30,286

46,949

SHAREHOLDERS' FUNDS

44,346

61,009

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 December 2015 and were signed by:

AJ Halley - 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.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Stocks

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

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

3,997

DEPRECIATION

At 1 June 2014

3,517

Charge for year

480

At 31 May 2015

3,997

NET BOOK VALUE

At 31 May 2015

-

At 31 May 2014

480

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

60

Ordinary

1

60

Sandyford Consultants Limited - Limited company - abbreviated - 11.9

Sandyford Consultants Limited - Limited company - abbreviated - 11.9