Highland Cow Motor Home Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: SC399943 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Highland Cow Motor Home Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R M Hounsell

Ms H McCusker

SECRETARY:

Ms H McCusker

REGISTERED OFFICE:

8 Low Road

Castlehead

Paisley

Renfrewshire

PA2 6AG

REGISTERED NUMBER:

SC399943 (Scotland)

ACCOUNTANTS:

McLay McAlister & McGibbon LLP

Chartered Accountants

145 St Vincent Street

Glasgow

G2 5JF

CURRENT ASSETS

Debtors

896

123

Cash at bank

492

136

1,388

259

CREDITORS

Amounts falling due within one year

1,000

4,404

NET CURRENT ASSETS/(LIABILITIES)

388

(4,145

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

388

(4,145

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

288

(4,245

)

SHAREHOLDERS' FUNDS

388

(4,145

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 22 February 2017 and were signed on its behalf
by:

R M Hounsell - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis. The director is of the opinion that the company has

adequate resources to continue to trade for the foreseeable future.

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

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings etc - 20% on reducing balance

Motor Vehicles - 20% on straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

100

Ordinary

1

100