Abbreviated Company Accounts - INDIGO (SCOTLAND) LIMITED

INDIGO (SCOTLAND) LIMITED - Company Information

SC193859 INDIGO (SCOTLAND) LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true SC193859 2015-04-01 2016-03-31 SC193859 2016-03-31 SC193859 2015-03-31 SC193859 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 SC193859 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number SC193859

INDIGO (SCOTLAND) LIMITED

Abbreviated Accounts

31 March 2016

INDIGO (SCOTLAND) LIMITED Registered Number SC193859

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	632,031	630,145
		632,031	630,145
Current assets
Debtors		186	177
Cash at bank and in hand		5,678	35,709
		5,864	35,886
Creditors: amounts falling due within one year		(561,160)	(561,938)
Net current assets (liabilities)		(555,296)	(526,052)
Total assets less current liabilities		76,735	104,093
Total net assets (liabilities)		76,735	104,093
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		76,733	104,091
Shareholders' funds		76,735	104,093

For the year ending 31 March 2016 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 10 October 2016

And signed on their behalf by:
Mr R Dunlop, Director

INDIGO (SCOTLAND) LIMITED Registered Number SC193859

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents rents receivable in the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 20%

2Tangible fixed assets

	£
Cost
At 1 April 2015	639,855
Additions	2,371
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	642,226
Depreciation
At 1 April 2015	9,710
Charge for the year	485
On disposals	-
At 31 March 2016	10,195
Net book values
At 31 March 2016	632,031
At 31 March 2015	630,145

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2