Cameron Communications (Aberdeen) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC178900 (Scotland)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

CAMERON COMMUNICATIONS (ABERDEEN) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

John Johnstone

SECRETARY:

Raeburn Christie Clark & Wallace

REGISTERED OFFICE:

53 Binghill Park

Milltimber

Aberdeen

AB13 0EE

REGISTERED NUMBER:

SC178900 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

71 Charleston Road North

Cove

Aberdeen

Aberdeenshire

AB21 3SZ

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

950

1,266

950

1,266

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

4,934

3,950

Cash at bank

-

8,913

6,934

14,863

CREDITORS

Amounts falling due within one year

20,476

17,116

NET CURRENT LIABILITIES

(13,542

)

(2,253

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,592

)

(987

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(12,692

)

(1,087

)

SHAREHOLDERS' FUNDS

(12,592

)

(987

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 3 July 2017 and were signed by:

John Johnstone - 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 January 2015).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is being amortised evenly over its estimated useful life of seven years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

28,000

AMORTISATION

At 1 November 2015

and 31 October 2016

28,000

NET BOOK VALUE

At 31 October 2016

-

At 31 October 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

20,121

DEPRECIATION

At 1 November 2015

18,855

Charge for year

316

At 31 October 2016

19,171

NET BOOK VALUE

At 31 October 2016

950

At 31 October 2015

1,266

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

100

Ordinary

£1

100

100