Accounts Submission

Company Accounts and Tax Online SC390206 Board of Directors 1.7.16 30.6.17 30.6.17 false iso4217:GBP xbrli:pure SC390206 2015-07-01 2016-06-30 SC390206 2017-06-30 SC390206 2016-07-01 2017-06-30 SC390206 2016-06-30 SC390206 countries:Scotland 2016-07-01 2017-06-30 SC390206 curr:PoundSterling 2016-07-01 2017-06-30 SC390206 uk-bus:CompanyLimitedByGuarantee 2016-07-01 2017-06-30 SC390206 uk-bus:OtherStandards 2016-07-01 2017-06-30 SC390206 uk-bus:AuditExempt-NoAccountantsReport 2016-07-01 2017-06-30 SC390206 uk-bus:FullAccounts 2016-07-01 2017-06-30 SC390206 uk-bus:RegisteredOffice 2016-07-01 2017-06-30 SC390206 uk-bus:Director1 2016-07-01 2017-06-30 SC390206 uk-bus:Director1 2016-07-01 SC390206 uk-bus:Director1 2017-06-30 SC390206 uk-bus:Director2 2016-07-01 2017-06-30 SC390206 uk-bus:Director2 2016-07-01 SC390206 uk-bus:Director2 2017-06-30 SC390206 core:AfterOneYear 2017-06-30 SC390206 core:AfterOneYear 2016-06-30 SC390206 core:WithinOneYear 2017-06-30 SC390206 core:WithinOneYear 2016-06-30 SC390206 core:WithinOneYear 2016-07-01 2017-06-30 SC390206 core:AfterOneYear 2017-06-30 SC390206 core:AfterOneYear 2016-06-30 SC390206 core:AfterOneYear 2016-07-01 2017-06-30 SC390206 core:ShareCapital 2017-06-30 SC390206 core:ShareCapital 2016-06-30 SC390206 core:RevaluationReserve 2017-06-30 SC390206 core:RevaluationReserve 2016-06-30 SC390206 core:RetainedEarningsAccumulatedLosses 2017-06-30 SC390206 core:RetainedEarningsAccumulatedLosses 2016-06-30 SC390206 core:Associate1 2016-07-01 2017-06-30 SC390206 core:Associate1 2016-06-30 SC390206 core:Associate1 2017-06-30 SC390206 core:Associate1 2016-07-01 2017-06-30 SC390206 1 2016-07-01 2017-06-30 SC390206 core:LandBuildings 2016-07-01 2017-06-30 SC390206 core:LandBuildings 2017-06-30 SC390206 core:LandBuildings 2015-07-01 2016-06-30 SC390206 core:LandBuildings 2016-06-30 SC390206 core:PlantMachinery 2016-07-01 2017-06-30 SC390206 core:PlantMachinery 2017-06-30 SC390206 core:PlantMachinery 2015-07-01 2016-06-30 SC390206 core:PlantMachinery 2016-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2016-07-01 2017-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2017-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2015-07-01 2016-06-30 SC390206 core:FurnitureFittingsToolsEquipment 2016-06-30 SC390206 core:OfficeEquipment 2016-07-01 2017-06-30 SC390206 core:OfficeEquipment 2017-06-30 SC390206 core:OfficeEquipment 2015-07-01 2016-06-30 SC390206 core:OfficeEquipment 2016-06-30 SC390206 core:Vehicles 2016-07-01 2017-06-30 SC390206 core:Vehicles 2017-06-30 SC390206 core:Vehicles 2015-07-01 2016-06-30 SC390206 core:Vehicles 2016-06-30 SC390206 core:NetGoodwill 2016-07-01 2017-06-30 SC390206 core:NetGoodwill 2017-06-30 SC390206 core:NetGoodwill 2015-07-01 2016-06-30 SC390206 core:NetGoodwill 2016-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2016-07-01 2017-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2017-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2015-07-01 2016-06-30 SC390206 core:IntangibleAssetsOtherThanGoodwill 2016-06-30

Company Registration Number:
SC390206 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2017

Period of accounts

Start date: 01 July 2016

End date: 30 June 2017

Contents of the Financial Statements

for the Period Ended 30 June 2017


Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Directors' Report Period Ended 30 June 2017

The directors present their report with the financial statements of the company for the period ended 30 June 2017

Principal Activities

The main activity of the Company is to facilitate the funding of projects and work streams as agreed under the Scottish Alcohol Industry Partnership.

Directors

The directors shown below have held office during the whole of the period from 01 July 2016 to 30 June 2017
Douglas Robert Meikle
David Alexander Williamson

This report was approved by the board of directors on 15 March 2018
And Signed On Behalf Of The Board By:

Name: Douglas Robert Meikle
Status: Director

Income and Expenditure Account

for the Period Ended 30 June 2017

	2017 £	2016 £
Turnover	32,000	32,113
Cost of sales	(0)	(0)
Gross surplus or (deficit)	32,000	32,113
Administrative Expenses	(33,492)	(37,764)
Operating surplus or (deficit)	(1,492)	(5,651)
Interest Receivable and Similar Income	4	0
Surplus or (deficit) before tax	(1,488)	(5,651)
Tax on surplus	-	710
Surplus or (deficit) for the period	(1,488)	(4,941)

The notes form part of these financial statements

Balance sheet

As at 30 June 2017

	Notes	2017 £	2016 £
Fixed assets
Current assets
Debtors:	2	29,748	15,618
Cash at bank and in hand:		14,607	8,777
Total current assets:		44,355	24,395
Creditors: amounts falling due within one year:	3	( 29,943 )	( 8,495 )
Net current assets (liabilities):		14,412	15,900
Total assets less current liabilities:		14,412	15,900
Total net assets (liabilities):		14,412	15,900

The notes form part of these financial statements

Balance sheet continued

As at 30 June 2017

	2017 £	2016 £
Reserves
Income and expenditure account	14,412	15,900
Members funds	14,412	15,900

For the year ending 30 June 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 March 2018
And Signed On Behalf Of The Board By:

Name: Douglas Robert Meikle
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2017

1. Accounting policies

Basis of measurement and preparation

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).

Other accounting policies

Contributions to costs are charged to participating organisations and are calculated to cover estimated expenditure for the period.

Notes to the Financial Statements

for the Period Ended 30 June 2017

2. Debtors

	2017 £	2016 £
Trade debtors	16,800	13,500
Prepayments and accrued income	9,332
Other debtors	3,616	2,118
Total	29,748	15,618

Notes to the Financial Statements

for the Period Ended 30 June 2017

3.Creditors: amounts falling due within one year note

	2017 £	2016 £
Trade creditors	29,937	6,839
Accruals and deferred income	6	1,656
Total	29,943	8,495

Notes to the Financial Statements

for the Period Ended 30 June 2017

4.1.Related party disclosures

Name of related party:	The Scotch Whisky Association
Description of relationship:
Two employees of SWA were directors of AIP Ltd
Description of the transaction:
Invoices totalling £2,500 were issued to SWA SWA paid invoices on behalf of company totalling £29,937, (2016: £9,389
Balance at 01 July 2016	6,389
Balance at 30 June 2017	29,937

Notes to the Financial Statements

for the Period Ended 30 June 2017

5. Post balance sheet events

David Alexander Williamson resigned as a director on 9 November 2017

The directors receive no remuneration and have no financial stake in the company

Director:		Douglas Robert Meikle
		David Alexander Williamson


Registered office:		Quartermile Two 2 Lister Square Edinburgh EH3 9GL


Company Registration Number:		SC390206 (Scotland)

Accounts Submission