Laing (Dunbar), Ltd. - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC014482 (Scotland)

Unaudited Financial Statements for the Year Ended 31 January 2018

for

Laing (Dunbar), Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G W A Laing

SECRETARY:

J Laing

REGISTERED OFFICE:

Old Toll House

Lauder Place

East Linton

East Lothian

EH40 3DB

REGISTERED NUMBER:

SC014482 (Scotland)

ACCOUNTANTS:

Helen Lowe Ltd

17-21 East Mayfield

Edinburgh

EH9 1SE

BANKERS:

The Bank of Scotland

95 High Street

Dunbar

East Lothian

EH42 1ER

FIXED ASSETS

Tangible assets

4

280,000

280,000

CURRENT ASSETS

Debtors

5

4,356

4,356

Cash at bank

10,974

9,962

15,330

14,318

CREDITORS

Amounts falling due within one year

6

6,088

8,076

NET CURRENT ASSETS

9,242

6,242

TOTAL ASSETS LESS CURRENT LIABILITIES

289,242

286,242

PROVISIONS FOR LIABILITIES

55,034

55,034

NET ASSETS

234,208

231,208

CAPITAL AND RESERVES

Called up share capital

1,600

1,600

Retained earnings

7

232,608

229,608

SHAREHOLDERS' FUNDS

234,208

231,208

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 24 October 2018 and were signed by:

G W A Laing - Director

1.	STATUTORY INFORMATION

Laing (Dunbar), Ltd. is a private company, limited by shares , registered in Scotland. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the amounts derived from the management and letting of property.

Tangible fixed assets

No depreciation is provided on investment property.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 February 2017

and 31 January 2018

280,000

NET BOOK VALUE

At 31 January 2018

280,000

At 31 January 2017

280,000

Cost or valuation at 31 January 2018 is represented by:

Land and

buildings

£

Valuation in 2016

280,000

The property was valued by Allied Surveyors Scotland Plc on the 3rd of May 2016.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Other debtors

4,356

4,356

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade creditors

780

389

Taxation and social security

1,840

1,644

Other creditors

3,468

6,043

6,088

8,076

7.

RESERVES

Retained

earnings

£

At 1 February 2017

229,608

Profit for the year

8,000

Dividends

(5,000

)

At 31 January 2018

232,608

Retained earnings is made up of £9,472 (2017: £9,472) distributable earnings and £220,136 (2017: £220,136)

non-distributable earnings.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 (2017 - £15,800) were paid to the director .