Abigail Primrose Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC418825 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31st March 2014

for

Abigail Primrose Ltd

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs S Bringhurst

Miss H Bringhurst

REGISTERED OFFICE:

44 Melville Street

Edinburgh

Midlothian

EH3 7HF

REGISTERED NUMBER:

SC418825 (Scotland)

ACCOUNTANTS:

McLaughlin Crolla LLP

2nd Floor

44 Melville Street

Edinburgh

EH3 7HF

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial

statements, from which the unaudited abbreviated accounts (set out on pages three to four) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31st March 2014 set out on pages four to nine 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.

McLaughlin Crolla LLP

2nd Floor

44 Melville Street

Edinburgh

EH3 7HF

19th December 2014

FIXED ASSETS

Investment property

2

555,000

555,000

CURRENT ASSETS

Debtors

4,550

-

Cash at bank and in hand

1,260

1

5,810

1

CREDITORS

Amounts falling due within one year

3

16,687

150,000

NET CURRENT LIABILITIES

(10,877

)

(149,999

)

TOTAL ASSETS LESS CURRENT LIABILITIES

544,123

405,001

CREDITORS

Amounts falling due after more than one year

3

142,667

-

NET ASSETS

401,456

405,001

CAPITAL AND RESERVES

Called up share capital

4

1

1

Revaluation reserve

405,000

405,000

Profit and loss account

(3,545

)

-

SHAREHOLDERS' FUNDS

401,456

405,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 19th December 2014 and were signed on its behalf by:

Miss H Bringhurst - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain

assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market

value is transferred to a revaluation reserve.

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.

2.	INVESTMENT PROPERTY

Total

£

Cost or valuation

At 1st April 2013

and 31st March 2014

555,000

Net book value

At 31st March 2014

555,000

At 31st March 2013

555,000

3.

CREDITORS

Creditors include an amount of £ 154,294 for which security has been given.

They also include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

88,266

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

1

1

1