A.Black (Benderloch) Limited - Accounts to registrar - small 17.2

A.Black (Benderloch) Limited - Accounts to registrar - small 17.2


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REGISTERED NUMBER: SC041432(Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

A.BLACK (BENDERLOCH) LIMITED

A.BLACK (BENDERLOCH) LIMITED (REGISTERED NUMBER: SC041432)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.BLACK (BENDERLOCH) LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2016







DIRECTOR: D G Munro





REGISTERED OFFICE: Tarnurich
Barcaldine
Oban
Argyll
PA37 1SE





REGISTERED NUMBER: SC041432(Scotland)





ACCOUNTANTS: R A Clement Associates
5 Argyll Square
Oban
Argyll
PA34 4AZ

A.BLACK (BENDERLOCH) LIMITED (REGISTERED NUMBER: SC041432)

BALANCE SHEET
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 535,526 359,466
Investments 5 - 271,795
535,526 631,261

CURRENT ASSETS
Stocks 129,150 104,893
Debtors 6 56,523 65,832
Cash at bank and in hand 246,868 395,905
432,541 566,630
CREDITORS
Amounts falling due within one year 7 15,324 37,808
NET CURRENT ASSETS 417,217 528,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

952,743

1,160,083

PROVISIONS FOR LIABILITIES 22,136 13,580
NET ASSETS 930,607 1,146,503

CAPITAL AND RESERVES
Called up share capital 12,500 16,250
Capital redemption reserve 12,500 8,750
Retained earnings 905,607 1,121,503
SHAREHOLDERS' FUNDS 930,607 1,146,503

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

A.BLACK (BENDERLOCH) LIMITED (REGISTERED NUMBER: SC041432)

BALANCE SHEET - continued
31 December 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 26 September 2017and were signed by:





D G Munro- Director


A.BLACK (BENDERLOCH) LIMITED (REGISTERED NUMBER: SC041432)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2016

1. STATUTORY INFORMATION

A.Black (Benderloch) Limited is a private company, limited by shares, registered in Scotland. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on buildings but not provided on land
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% 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.

Cost of goods for resale is determined on the first in, first out basis and is based on suppliers' invoice price. Net
realisable value is the price at which the stock can be realised in the normal course of business, less further costs
to completion of sale.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

A.BLACK (BENDERLOCH) LIMITED (REGISTERED NUMBER: SC041432)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2016

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15.

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2016 513,098 270,096 82,687 11,495 877,376
Additions 125,513 37,891 53,434 - 216,838
At 31 December 2016 638,611 307,987 136,121 11,495 1,094,214
DEPRECIATION
At 1 January 2016 214,623 223,252 74,058 5,977 517,910
Charge for year 11,172 12,710 15,516 1,380 40,778
At 31 December 2016 225,795 235,962 89,574 7,357 558,688
NET BOOK VALUE
At 31 December 2016 412,816 72,025 46,547 4,138 535,526
At 31 December 2015 298,475 46,844 8,629 5,518 359,466

Included in freehold land and buildings above, is land with a value of £80,000 (2013: £80,000) which is not
depreciated.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2016 379,766
Disposals (379,766 )
At 31 December 2016 -
PROVISIONS
At 1 January 2016 107,971

Eliminated on disposal (107,971 )
At 31 December 2016 -
NET BOOK VALUE
At 31 December 2016 -
At 31 December 2015 271,795

A.BLACK (BENDERLOCH) LIMITED (REGISTERED NUMBER: SC041432)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2016

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 37,200 31,693
Other debtors 19,323 34,139
56,523 65,832

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Taxation and social security 11,324 33,808
Other creditors 4,000 4,000
15,324 37,808

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2016 and
31 December 2015:

2016 2015
£    £   
D G Munro
Balance outstanding at start of year 17,203 -
Amounts advanced - 17,203
Amounts repaid (17,203 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 17,203

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D G Munro.

As a director and majority shareholder, D G Munro is considered to be the ultimate controlling party.

10. FIRST YEAR ADOPTION

A Black (Benderloch) Ltd previously adopted a policy for valuing investments of showing them at the lower of
cost or market value. The provisions of FRS102 - The Financial Reporting Standard Applicable in the UK and
Republic of Ireland - no longer allow this model and investments in publicly traded shares must be shown at fair
value. This increased the value of investments disclosed at 31 December 2015 from £209,393 to £271,795. The
balance shown at 1 January 2015 was also increased from £214,983 to £271,791.