J Watson Smith Limited - Accounts to registrar (filleted) - small 18.2

J Watson Smith Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv18.2.1.62SC263732Board of Directors1.4.1731.3.1831.3.18falsetruefalsefalsefalse30962949439175915736744417513096iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2637322017-03-31SC2637322018-03-31SC2637322017-04-012018-03-31SC2637322016-03-31SC2637322016-04-012017-03-31SC2637322017-03-31SC263732ns15:Scotland2017-04-012018-03-31SC263732ns14:PoundSterling2017-04-012018-03-31SC263732ns10:Director12017-04-012018-03-31SC263732ns10:PrivateLimitedCompanyLtd2017-04-012018-03-31SC263732ns10:Micro-entities2017-04-012018-03-31SC263732ns10:AuditExempt-NoAccountantsReport2017-04-012018-03-31SC263732ns10:FullAccounts2017-04-012018-03-31SC263732ns10:Director2422017-03-31SC263732ns10:Director2422016-03-31SC263732ns10:Director2422017-04-012018-03-31SC263732ns10:Director2422016-04-012017-03-31SC263732ns10:Director2422018-03-31SC263732ns10:Director2422017-03-31SC263732ns10:Director22017-04-012018-03-31SC263732ns10:CompanySecretary12017-04-012018-03-31SC263732ns10:RegisteredOffice2017-04-012018-03-31SC263732ns5:CurrentFinancialInstruments2018-03-31SC263732ns5:CurrentFinancialInstruments2017-03-31SC263732ns10:Director112017-03-31SC263732ns10:Director112016-03-31SC263732ns10:Director112017-04-012018-03-31SC263732ns10:Director112016-04-012017-03-31SC263732ns10:Director112018-03-31SC263732ns10:Director112017-03-31


REGISTERED NUMBER: SC263732(Scotland)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

J WATSON SMITH LIMITED

J WATSON SMITH LIMITED (BY SHARES) (REGISTERED NUMBER: SC263732)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2


J WATSON SMITH LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: Mr J W Smith
Mrs L S Smith



SECRETARY: Mrs L S Smith



REGISTERED OFFICE: 38 Craigpark Place
Ellon
Aberdeenshire
AB41 9FG



REGISTERED NUMBER: SC263732(Scotland)



ACCOUNTANTS: Bain Henry Reid
Chartered Accountants
28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY



BANKERS: Bank of Scotland
The Direct Business Bank
600 Gorgie Road
Edinburgh
EH11 3PX

J WATSON SMITH LIMITED (BY SHARES) (REGISTERED NUMBER: SC263732)

BALANCE SHEET
31 MARCH 2018

2018 2017
£    £   
FIXED ASSETS - 1,392

CURRENT ASSETS 2,697 7,052

CREDITORS
Amounts falling due within one year (2,687 ) (6,226 )
NET CURRENT ASSETS 10 826
TOTAL ASSETS LESS CURRENT
LIABILITIES

10

2,218

CAPITAL AND RESERVES 10 2,218

NOTE TO THE FINANCIAL STATEMENTS


1. DIRECTORS LOANS

The following advances and credits from directors subsisted during the years ended 31 March 2018 and 31 March 2017:

2018 2017
£    £   
Mr J W Smithand Mrs L S Smith
Balance outstanding at start of year 3,096 2,949
Amounts advanced 4,391 7,591
Amounts repaid (5,736 ) (7,444 )
Balance outstanding at end of year 1,751 3,096



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 5 September 2018and were signed on its behalf by:





Mr J W Smith- Director