Scott 2 Go Limited - Limited company - abbreviated

REGISTERED NUMBER: 06456577 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

SCOTT 2 GO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTORS:

A B Scott

J G Scott

M S Scott

SECRETARY:

M S Scott

REGISTERED OFFICE:

Market House

21 Lenten Street

Alton

GU34 1HG

REGISTERED NUMBER:

06456577 (England and Wales)

ACCOUNTANTS:

Wettone Matthews Limited

Chartered Certified Accountants

Market House

21 Lenten Street

Alton

GU34 1HG

FIXED ASSETS

Intangible assets

2

5,200

6,500

Tangible assets

3

335

447

5,535

6,947

CURRENT ASSETS

Debtors

5,220

8,389

Cash at bank

13,304

1,855

18,524

10,244

CREDITORS

Amounts falling due within one year

5,003

8,434

NET CURRENT ASSETS

13,521

1,810

TOTAL ASSETS LESS CURRENT
LIABILITIES

19,056

8,757

CREDITORS

Amounts falling due after more than one
year

49,357

50,107

NET LIABILITIES

(30,301

)

(41,350

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

Share premium

18,980

Profit and loss account

(50,281

)

(61,330

)

SHAREHOLDERS' FUNDS

(30,301

)

(41,350

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 17 November 2014 and were signed on its behalf
by:

M S Scott - Director

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 April 2008).

Turnover

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

Client database

Prior to the commencement of trading, the company acquired a client database at a cost of £13,000. This has

been capitalised and will be amortised over its anticipated useful life of ten years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

sheet date.

Going concern basis

The financial statements have been drawn up on a going concern basis which assumes adequate finance will

continue to be made available and accordingly do not take account of adjustments, if any, which may be

necessary if the company is unable to continue as a going concern. (See also note "Transactions with Directors".)

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

13,000

AMORTISATION

At 1 April 2013

6,500

Amortisation for year

1,300

At 31 March 2014

7,800

NET BOOK VALUE

At 31 March 2014

5,200

At 31 March 2013

6,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

2,065

DEPRECIATION

At 1 April 2013

1,618

Charge for year

112

At 31 March 2014

1,730

NET BOOK VALUE

At 31 March 2014

335

At 31 March 2013

447

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1,000

Ordinary £1

£1

1,000

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Creditors due after more than one year represents an interest free loan to the company from a director, Mrs A B

Scott. No repayment will be made or sought until such time as the company has returned to solvency.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Scott 2 Go Limited for the year ended 31 March 2014 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Scott 2 Go Limited, as a body, in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Scott 2 Go

Limited and state those matters that we have agreed to state to the Board of Directors of Scott 2 Go Limited, as a body,

in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Scott 2 Go Limited has kept adequate accounting records and to prepare statutory financial

statements that give a true and fair view of the assets, liabilities, financial position and profit of Scott 2 Go Limited. You

consider that Scott 2 Go Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Scott 2 Go Limited. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wettone Matthews Limited

Chartered Certified Accountants

Market House

21 Lenten Street

Alton

GU34 1HG

17 November 2014

Scott 2 Go Limited - Limited company - abbreviated - 11.6

Scott 2 Go Limited - Limited company - abbreviated - 11.6