Reid & Partners (Management) LTD,Ltd - Accounts

Reid & Partners (Management) LTD,Ltd - Accounts

GR THOMSON & CO (MANAGEMENT) LTD - Company Information

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2014-06-01 true false Private Limited Company SC475840 2015-09-30 SC475840 2014-06-01 2015-09-30 SC475840 2015-05-31 SC475840 2014-04-23 2015-05-31 SC475840 uk-bus:Director1 2014-06-01 2015-09-30 SC475840 uk-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP
Reid & Partners (Management) LTD
For the period ended 30 September 2015
Unaudited Abbreviated Report and Financial Statements
Scotland
Registered Number: SC475840
2
Contents Page
Reid & Partners (Management) LTD
For the period ended 30 September 2015
1
Balance Sheet
2
Notes to the Abbreviated Financial Statements
3
Abbreviated Balance Sheet
Reid & Partners (Management) LTD
As at 30 September 2015
SC475840
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Intangible assets
2
10,000
-
10,000
-
Current assets
Debtors
3
50
12,460
Cash at bank and in hand
1,911
-
14,371
50
Creditors: amounts falling due within one year
-
(9,585)
50
4,786
Net current assets
Total assets less current liabilities
14,786
50
14,786
Net assets
50
Capital and reserves
Called up share capital
50
4
50
Profit and loss account
14,736
-
14,786
50
Shareholders funds
For the period ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 19 February 2016
G Thomson Director
Signed on behalf of the board of directors
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4
Notes to the Abbreviated Financial Statements
For the period ended 30 September 2015
Reid & Partners (Management) LTD
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis
over the estimated expected useful economic life of the goodwill of 0 years.
2 Intangible fixed assets
Cost or valuation
Intangible
fixed assets
£
Additions
10,000
10,000
At 30 September 2015
10,000
Net Book Values
At 30 September 2015
Debtors include an amount of £165 (2014: £50) falling due after more than one year
3 Debtors:
4 Share capital
Allotted called up and fully paid
2014
£
0 Class A shares of £1.00 each
50
50
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