CAIRNSOUTH_LIMITED - Accounts


Company Registration Number SC156396 (Scotland)
CAIRNSOUTH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018
PAGES FOR FILING WITH REGISTRAR
CAIRNSOUTH LIMITED
BALANCE SHEET
AS AT
31 MARCH 2018
31 March 2018
- 1 -
2018
2017
£
£
£
£
Fixed assets
1,157,688
1,092,316
Current assets
512,263
209,435
Prepayments and accrued income
14,475
12,920
Creditors: amounts falling due within one year
(1,184,226)
(143,564)
Net current assets
(657,488)
78,791
Total assets less current liabilities
500,200
1,171,107
Creditors: amounts falling due after more than one year
(18,125)
(998,188)
Net assets
482,075
172,919
Capital and reserves
482,075
172,919
CAIRNSOUTH LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2018
31 March 2018
- 2 -
Notes to the financial statements
1.
Directors' benefits: advances, credit and guarantees

Included in current assets is an amount of £40,129 (2017: £49,869) due from the director. Interested has been charged at 2.5% and there are no fixed terms of repayment.

2.
Financial commitments, guarantees and contingencies

As at 31 March 2018 the company was committed to making payments of £297,726 (2017: £407,726) over the lifetime of non-cancellable operating leases in place as at that date.

Cairnsouth Limited is a private company limited by shares incorporated in Scotland. The registered office is 2 Fountainbridge Square, Edinburgh, EH3 9QB.

 

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 21 December 2018
Mr A Pia
Director
Company Registration Number SC156396
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