ABB-PMS Limited - Accounts to registrar (filleted) - small 17.3
ABB-PMS Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 July 2017 |
for |
ABB-PMS Limited |
ABB-PMS Limited (Registered number: SC453904) |
Contents of the Financial Statements |
for the Year Ended 31 July 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ABB-PMS Limited |
Company Information |
for the Year Ended 31 July 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
7 Ythan Terrace |
Ellon |
Aberdeenshire |
AB41 9LJ |
ABB-PMS Limited (Registered number: SC453904) |
Balance Sheet |
31 July 2017 |
31.7.17 | 31.7.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
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 |
ABB-PMS Limited (Registered number: SC453904) |
Notes to the Financial Statements |
for the Year Ended 31 July 2017 |
1. | STATUTORY INFORMATION |
ABB-PMS Limited is a |
number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery etc | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
bringing stocks to their present location and condition. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
ABB-PMS Limited (Registered number: SC453904) |
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2017 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 August 2016 |
Additions |
Disposals | ( |
) | ( |
) |
At 31 July 2017 |
DEPRECIATION |
At 1 August 2016 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31 July 2017 |
NET BOOK VALUE |
At 31 July 2017 |
At 31 July 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.17 | 31.7.16 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.17 | 31.7.16 |
£ | £ |
Taxation and social security |
Other creditors |
7. | RELATED PARTY DISCLOSURES |
During the year the directors Mr Alexander Bruce and Mrs Betsy Bruce advanced the company net amounts |
totalling £680 This amount remained outstanding at 31/07/2017 and is included within other creditors in the |
notes to the accounts. |
During the period the directors received dividends totalling £101,000 from the company as follows. |
Alexander Bruce | £60,600 |
Betsy Bruce | £40,400 |
8. | ULTIMATE CONTROLLING PARTY |
During the year the company was controlled by the director Mr Alexander Bruce by virtue of his majority 60% |
holding in the ordinary share capital of the company. |