Blacklane Asphalt Limited - Abbreviated accounts 16.1

Blacklane Asphalt Limited - Abbreviated accounts 16.1

BLACKLANE ASPHALT LIMITED - Company Information

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REGISTERED NUMBER: SC274076 (Scotland)




















Blacklane Asphalt Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016






Blacklane Asphalt Limited (Registered number: SC274076)






Contents of the Abbreviated Accounts
for the Year Ended 31 January 2016

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Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Blacklane Asphalt Limited

Company Information
for the Year Ended 31 January 2016







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DIRECTOR: A H Sives



SECRETARY: Mrs L Sives



REGISTERED OFFICE: 9 Ainslie Place
Edinburgh
EH3 6AT



REGISTERED NUMBER: SC274076 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
EH3 6AT



BANKERS: Bank of Scotland
38 St Andrew Square
Edinburgh
EH2 2YR
Page 1
Blacklane Asphalt Limited (Registered number: SC274076)

Abbreviated Balance Sheet
31 January 2016

2016 2015
Notes £    £   
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CURRENT ASSETS
Debtors 106,697 182,493
Cash at bank 8,283 1,114
114,980 183,607
CREDITORS
Amounts falling due within one year 41,686 45,070
NET CURRENT ASSETS 73,294 138,537
TOTAL ASSETS LESS CURRENT
LIABILITIES
73,294
138,537

CAPITAL AND RESERVES
Called up share capital 3 1,000 1,000
Profit and loss account 72,294 137,537
SHAREHOLDERS' FUNDS 73,294 138,537

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 21 July 2016 and were signed by:





A H Sives - Director


The notes form part of these abbreviated accounts

Page 2
Blacklane Asphalt Limited (Registered number: SC274076)

Notes to the Abbreviated Accounts
for the Year Ended 31 January 2016
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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).

Turnover and revenue recognition
Turnover represents net invoiced sales of laying and repairing roads, excluding value added tax. In
respect of service contracts turnover is recognised when the company obtains the right to
consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, has been
amortised evenly over its useful life of five years.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date where transactions or events have occurred at that date that will result in
an obligation to pay more, or a right to pay less or to receive more, tax. Deferred tax assets are
recognised only to the extent that the directors consider that it is more likely than not that there
will be suitable taxable profits from which the future reversal of the underlying timing differences
can be deducted. Deferred tax is measured on an undiscounted basis at the rates that are expected
to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line
basis over the period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015
and 31 January 2016 60,000
AMORTISATION
At 1 February 2015
and 31 January 2016 60,000
NET BOOK VALUE

At 31 January 2016 -
At 31 January 2015 -

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Blacklane Asphalt Limited (Registered number: SC274076)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 January 2016
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3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1,000 Ordinary £1 1,000 1,000

4. ULTIMATE PARENT COMPANY

Hall Davidson Holdings Limited is regarded by the director as being the company's ultimate parent
company.

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