Handling Solutions (Gla) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: SC419259 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Handling Solutions (Gla) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J E Fulford

T Watt

REGISTERED OFFICE:

6 Logie Mill

Beaverbank Business Park

Edinburgh

Lothian

EH7 4HG

REGISTERED NUMBER:

SC419259 (Scotland)

ACCOUNTANTS:

A H & Co Ltd

Chartered Accountants

6 Logie Mill

Edinburgh

Lothian

EH7 4HG

BANKERS:

HSBC

118 Princes Street

Edinburgh

EH2 4AA

CURRENT ASSETS

Debtors

13,499

17,441

Cash at bank

132,983

106,709

146,482

124,150

CREDITORS

Amounts falling due within one year

127,968

105,636

NET CURRENT ASSETS

18,514

TOTAL ASSETS LESS CURRENT
LIABILITIES

18,514

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

18,414

SHAREHOLDERS' FUNDS

18,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 2 May 2016 and were signed on its behalf by:

J E Fulford - 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 January 2015).

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.

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 the average tax rates 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.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100