MIDLOTHIAN_BUSINESS_INCUB - Accounts

MIDLOTHIAN BUSINESS INCUBATION LTD - Company Information

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Company Registration No. SC442057 (Scotland)

MIDLOTHIAN BUSINESS INCUBATION LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

MIDLOTHIAN BUSINESS INCUBATION LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

MIDLOTHIAN BUSINESS INCUBATION LTD

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2016

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2016

2015

Notes

Total assets less current liabilities

Capital and reserves

Shareholders' funds

Audit exemption statement

For the financial year ended 28 February 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 30 November 2016

Mr A MacLean

Director

Company Registration No. SC442057

MIDLOTHIAN BUSINESS INCUBATION LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.