LIAM WATSON LTD


1 June 2015 true false SC4771692015-05-31 SC4771692015-06-012016-05-31 SC4771692016-05-31 SC4771692015-05-31 SC477169uk-bus:Director12015-06-012016-05-31 SC477169uk-bus:OrdinaryShareClass12016-05-31 SC477169uk-bus:OrdinaryShareClass12015-06-012016-05-31 SC477169uk-bus:OrdinaryShareClass12015-05-31 iso4217:GBP xbrli:shares
Company Registration No. SC477169 (Scotland)
LIAM WATSON LTD Abbreviated unaudited accounts for the year ended 31 May 2016
LIAM WATSON LTD Abbreviated Balance Sheet as at 31 May 2016
2016 
2015 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
1,001 
3,494 
Creditors: amounts falling due within one year
(744)
(3,118)
Net current assets
257 
376 
Net assets
257 
376 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
157 
276 
Total shareholders' funds
257 
376 
For the year ending 31 May 2016 the company was entitled to exemption from audit 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 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 22 July 2016
L Watson Director Company Registration No. SC477169
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LIAM WATSON LTD Notes to the Abbreviated Accounts for the year ended 31 May 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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