A.G. Stuart Holdings Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC144258 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

A.G. Stuart Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B H Stuart

SECRETARY:

J & G Collie

REGISTERED OFFICE:

1 East Craibstone Street

Aberdeen

Aberdeenshire

AB11 6YQ

REGISTERED NUMBER:

SC144258 (Scotland)

ACCOUNTANTS:

Eagle Consulting

15a Harbour Road

Inverness

INVERNESS-SHIRE

IV1 1SY

FIXED ASSETS

Investments

2

Investment property

3

430,000

430,002

CURRENT ASSETS

Cash in hand

250

CREDITORS

Amounts falling due within one year

4

(57,085

)

(62,448

)

NET CURRENT LIABILITIES

(56,835

)

(62,198

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

373,167

367,804

CREDITORS

Amounts falling due after more than one
year

(113,550

)

(116,550

)

NET ASSETS

259,617

251,254

CAPITAL AND RESERVES

Called up share capital

5

31,600

Revaluation reserve

270,134

Profit and loss account

(42,117

)

(50,480

)

SHAREHOLDERS' FUNDS

259,617

251,254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 22 December 2016 and were signed by:

B H Stuart - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about A.G. Stuart Holdings Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company has taken the option

under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Investments

Investments held in fixed assets are stated at cost. Provision is made for any permanent diminution in value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2015

and 30 April 2016

2

NET BOOK VALUE

At 30 April 2016

2

At 30 April 2015

2

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Sylvan Stuart Limited

Country of incorporation: England

Nature of business: Property development and building contracting

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

Aggregate capital and reserves

(236,981

)

(219,532

)

Loss for the year

(17,448

)

(120,667

)

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2015

and 30 April 2016

430,000

NET BOOK VALUE

At 30 April 2016

430,000

At 30 April 2015

430,000

4.

CREDITORS

Creditors include an amount of £ 54,994 (2015 - £ 60,393 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016

2015

£

Repayable otherwise than by instalments

8,400

Details of shares shown as liabilities are as follows:

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

8,400

Preference shares

£1.00

8,400

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

31,600

Ordinary shares

£1.00

31,600

6.	ULTIMATE CONTROLLING PARTY

A.G. Stuart Holdings Limited was controlled by B H Stuart, the majority shareholder of the company, throughout

the current and previous year.