Abigail Primrose Ltd - Accounts to registrar - small 17.2
Abigail Primrose Ltd - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st March 2017 |
| for |
| Abigail Primrose Ltd |
| Abigail Primrose Ltd (Registered number: SC418825) |
| Contents of the Financial Statements |
| for the Year Ended 31st March 2017 |
| Page |
| Company Information | 1 |
| Report of the Accountants | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
| Abigail Primrose Ltd |
| Company Information |
| for the Year Ended 31st March 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 2nd Floor |
| 44 Melville Street |
| Edinburgh |
| EH3 7HF |
| Abigail Primrose Ltd |
| Report of the Accountants to the Directors of |
| Abigail Primrose Ltd |
| The following reproduces the text of the report prepared for the directors and members in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance |
| Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors |
| are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2017 set out on pages nil to nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 2nd Floor |
| 44 Melville Street |
| Edinburgh |
| EH3 7HF |
| Abigail Primrose Ltd (Registered number: SC418825) |
| Balance Sheet |
| 31st March 2017 |
| 31/3/17 | 31/3/16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Abigail Primrose Ltd (Registered number: SC418825) |
| Notes to the Financial Statements |
| for the Year Ended 31st March 2017 |
| 1. | STATUTORY INFORMATION |
| Abigail Primrose Ltd is a |
| registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value |
| is recognised in profit or loss. |
| Financial instruments |
| Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either |
| financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in |
| the assets of the company after deducting all of its liabilities. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| Fair value |
| At 1st April 2016 |
| and 31st March 2017 |
| Net book value |
| At 31st March 2017 |
| At 31st March 2016 |
| Cost or valuation at 31st March 2017 is represented by: |
| £ |
| Valuation in 2013 | 405,000 |
| ** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF |
| INVESTMENT PROPERTY |
| 'COST' ACCOUNT TOTAL |
| Cost/valuation b/f | 555,000 |
| 555,000 |
| CLIENT SCREEN TOTAL | = | - |
| Abigail Primrose Ltd (Registered number: SC418825) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2017 |
| 4. | INVESTMENT PROPERTY - continued |
| If investment properties had not been revalued they would have been included at the following historical cost: |
| 31/3/17 | 31/3/16 |
| £ | £ |
| Cost | 150,000 | 150,000 |
| The investment properties were valued on an open market basis on 3rd June 2013 by Graham and Sibbald, Chartered Surveyors |
| . |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/17 | 31/3/16 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Tax |
| Directors' current accounts | 13,000 | 8,000 |
| Accrued expenses |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/3/17 | 31/3/16 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 yr by instal |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 18,564 | 55,576 |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31/3/17 | 31/3/16 |
| £ | £ |
| Bank loans |
| The bank loan is secured by a floating charge and standard security over the company's properties. |
| The loan is repayable over 10 years and bears interest at 3.41% above base. The loan is fully repayable by February 2024. |
| 8. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1st April 2016 |
| and 31st March 2017 |