30/04/2018 2018-04-30 false false false false false false false false false false true false false true false false false false false false false false No description of principal activities is disclosed 2017-05-01 Sage Accounts Production 18.30 - FRS xbrli:pure xbrli:shares iso4217:GBP SC283671 2017-05-01 2018-04-30 SC283671 2018-04-30 SC283671 2017-04-30 SC283671 bus:RegisteredOffice 2017-05-01 2018-04-30 SC283671 bus:LeadAgentIfApplicable 2017-05-01 2018-04-30 SC283671 bus:Director1 2017-05-01 2018-04-30 SC283671 bus:CompanySecretary1 2017-05-01 2018-04-30 SC283671 core:WithinOneYear 2018-04-30 SC283671 core:WithinOneYear 2017-04-30 SC283671 bus:Micro-entities 2017-05-01 2018-04-30 SC283671 bus:AuditExemptWithAccountantsReport 2017-05-01 2018-04-30 SC283671 bus:FullAccounts 2017-05-01 2018-04-30 SC283671 bus:SmallCompaniesRegimeForAccounts 2017-05-01 2018-04-30 SC283671 bus:PrivateLimitedCompanyLtd 2017-05-01 2018-04-30
Company registration number: SC283671
AB Trading and Investments Limited
Unaudited filleted financial statements
30 April 2018
AB Trading and Investments Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
AB Trading and Investments Limited
Directors and other information
Director A J M McLearnon
Secretary A N McLearnon
Company number SC283671
Registered office 16 -18 Weir Street
Falkirk
FK1 1RA
Accountants Barrie Scott & Co.
16 - 18 Weir Street
Falkirk
FK1 1RA
AB Trading and Investments Limited
Report to the director on the preparation of the
unaudited statutory financial statements of AB Trading and Investments Limited
Year ended 30 April 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AB Trading and Investments Limited for the year ended 30 April 2018 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http:\\www.icas.com/accountspreparationguidance.
This report is made solely to the director of AB Trading and Investments Limited, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the financial statements of AB Trading and Investments Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AB Trading and Investments Limited and its director as a body for our work or for this report.
It is your duty to ensure that AB Trading and Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of AB Trading and Investments Limited. You consider that AB Trading and Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of AB Trading and Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Barrie Scott & Co.
Accountants & Tax Advisers
16 - 18 Weir Street
Falkirk
FK1 1RA
29 October 2018
AB Trading and Investments Limited
Statement of financial position
30 April 2018
2018 2017
£ £
Current assets 116,028 125,929
Creditors: amounts falling due within one year ( 44,150) ( 45,350)
_______ _______
Net current assets 71,878 80,579
_______ _______
Total assets less current liabilities 71,878 80,579
Accruals and deferred income ( 50,650) ( 51,143)
_______ _______
Net assets 21,228 29,436
_______ _______
Capital and reserves 21,228 29,436
_______ _______
Notes to the financial statements
AB Trading and Investments Limited
Year ended 30 April 2018
1. Directors advances, credits and guarantees
Included in creditors and accruals is £94,560 (2017: £94,093) due to the director, A J M McLearnon . Interest is charged on the balance held and there are no fixed terms of repayment.
For the year ending 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 08 October 2018 , and are signed on behalf of the board by:
A J M McLearnon
Director
Company registration number: SC283671
The company is a private company limited by shares, registered in Scotland.