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REGISTERED NUMBER: SC113378 (Scotland)















Financial Statements

for the Year Ended 31 March 2017

for

Abercorn Builders Limited

Abercorn Builders Limited (Registered number: SC113378)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abercorn Builders Limited

Company Information
for the Year Ended 31 March 2017







DIRECTOR: G Walker





REGISTERED OFFICE: 121 Moffat Street
New Gorbals
Glasgow
G5 0ND





REGISTERED NUMBER: SC113378 (Scotland)





ACCOUNTANTS: R.G. Beattie & Co Ltd
Chartered Certified Accountants
121 Moffat Street
Glasgow
G5 OND
Page 1
Abercorn Builders Limited (Registered number: SC113378)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,862 14,118

CURRENT ASSETS
Stocks 5 39,984 42,729
Debtors 6 153,373 191,156
Cash at bank and in hand 3,752 15,163
197,109 249,048
CREDITORS
Amounts falling due within one year 7 176,742 237,391
NET CURRENT ASSETS 20,367 11,657
TOTAL ASSETS LESS CURRENT
LIABILITIES
35,229
25,775

CREDITORS
Amounts falling due after more than one
year
8
31,172
-
NET ASSETS 4,057 25,775

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,957 25,675
SHAREHOLDERS' FUNDS 4,057 25,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 notes form part of these financial statements

Page 2 continued...
Abercorn Builders Limited (Registered number: SC113378)

Balance Sheet - continued
31 March 2017


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 15 December 2017 and were signed by:





G Walker - Director


The notes form part of these financial statements

Page 3
Abercorn Builders Limited (Registered number: SC113378)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Abercorn Builders Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 .

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2016 40,503 31,441 103,289 8,776 184,009
Additions - - 9,750 - 9,750
At 31 March 2017 40,503 31,441 113,039 8,776 193,759
DEPRECIATION
At 1 April 2016 36,450 31,441 93,224 8,776 169,891
Charge for year 4,052 - 4,954 - 9,006
At 31 March 2017 40,502 31,441 98,178 8,776 178,897
NET BOOK VALUE
At 31 March 2017 1 - 14,861 - 14,862
At 31 March 2016 4,053 - 10,065 - 14,118

Page 4 continued...
Abercorn Builders Limited (Registered number: SC113378)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

5. STOCKS
31.3.17 31.3.16
£    £   
Stock And Work In Progress 39,984 42,729

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade Debtors 148,398 182,005
Sundry Debtor - 6,276
Loan: Keanie Park 4,975 2,875
153,373 191,156

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Hire purchase contracts 10,036 7,223
Trade creditors 87,186 113,474
Tax 3,945 8,313
Social security and other taxes 13,588 12,908
VAT 48,344 68,670
Wages Control Account - 9,277
Directors' current accounts 10,388 14,050
Accrued expenses 3,255 3,476
176,742 237,391

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.17 31.3.16
£    £   
Other loans - 2-5 years 31,172 -

Page 5