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REGISTERED NUMBER: SC266814 (Scotland)















Financial Statements for the Year Ended 31 October 2018

for

A & R Finnie Limited

A & R Finnie Limited (Registered number: SC266814)






Contents of the Financial Statements
for the Year Ended 31 October 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & R Finnie Limited

Company Information
for the Year Ended 31 October 2018







DIRECTOR: R A Finnie





SECRETARY: Mrs A Finnie





REGISTERED OFFICE: Cairnfield
14 School Road
Balmullo
St. Andrews
Fife
KY16 0BD





REGISTERED NUMBER: SC266814 (Scotland)





ACCOUNTANTS: Monteaths
Cairnfield
14 School Road
Balmullo
St Andrews
Fife
KY16 0BD

A & R Finnie Limited (Registered number: SC266814)

Balance Sheet
31 October 2018

31.10.18 31.10.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 651,917 440,554

CURRENT ASSETS
Debtors 5 530,823 454,834
Cash at bank 213,028 222,778
743,851 677,612
CREDITORS
Amounts falling due within one year 6 665,587 514,450
NET CURRENT ASSETS 78,264 163,162
TOTAL ASSETS LESS CURRENT
LIABILITIES

730,181

603,716

CREDITORS
Amounts falling due after more than one
year

7

(246,873

)

(196,554

)

PROVISIONS FOR LIABILITIES (94,563 ) (75,533 )
NET ASSETS 388,745 331,629

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 387,745 330,629
388,745 331,629

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

A & R Finnie Limited (Registered number: SC266814)

Balance Sheet - continued
31 October 2018


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 26 March 2019 and were signed by:





R A Finnie - Director


A & R Finnie Limited (Registered number: SC266814)

Notes to the Financial Statements
for the Year Ended 31 October 2018

1. STATUTORY INFORMATION

A & R Finnie 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.
Plant and machinery etc - 33% on cost, 25% on cost and 20% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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 14 (2017 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2017 - 1,040,694 1,040,694
Additions 139,374 233,075 372,449
Disposals - (227,317 ) (227,317 )
At 31 October 2018 139,374 1,046,452 1,185,826
DEPRECIATION
At 1 November 2017 - 600,140 600,140
Charge for year - 128,490 128,490
Eliminated on disposal - (194,721 ) (194,721 )
At 31 October 2018 - 533,909 533,909
NET BOOK VALUE
At 31 October 2018 139,374 512,543 651,917
At 31 October 2017 - 440,554 440,554

A & R Finnie Limited (Registered number: SC266814)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Trade debtors 515,085 454,764
Other debtors 15,738 70
530,823 454,834

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Hire purchase contracts 148,374 126,191
Trade creditors 410,674 342,746
Taxation and social security 44,249 40,269
Other creditors 62,290 5,244
665,587 514,450

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.18 31.10.17
£    £   
Hire purchase contracts 182,763 196,554
Other creditors 64,110 -
246,873 196,554