WAYLAND_ST._CLAIR_LIMITED - Accounts

WAYLAND ST.CLAIR LIMITED - Company Information

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Company Registration No. SC469782 (Scotland)

WAYLAND ST. CLAIR LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2016

WAYLAND ST. CLAIR LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

WAYLAND ST. CLAIR LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2016

- 1 -

2016

2015

Notes

Fixed assets

Investments

125,000

Current assets

Debtors

19,835

Cash at bank and in hand

6,724

12,170

26,559

32,005

Creditors: amounts falling due within one year

(1,750)

(55,521)

Net current assets/(liabilities)

24,809

(23,516)

Total assets less current liabilities

149,809

101,484

149,809

101,484

Capital and reserves

Called up share capital

200

Profit and loss account

149,609

101,284

Shareholders' funds

149,809

101,484

For the financial Period ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their responsibilities for complying with the requirements of the Act 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 for issue on 28 March 2017

Mr Craig Robertson

Director

Company Registration No. SC469782

WAYLAND ST. CLAIR LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2016

- 2 -

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

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Investments

Cost

At 1 March 2015 & at 30 June 2016

125,000

At 28 February 2015

125,000

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

IQ Integrity Limited

Scotland

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

IQ Integrity Limited

Software Development and supply

21,209

114,052

Share capital

2016

2015

Allotted, called up and fully paid

200 Ordinary Shares of £1 each

200