REGISTERED NUMBER: SC014346 (Scotland)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

A. BRUCE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

Mr Stanley Ivan Lovatt

Mrs Carole Lovatt

SECRETARY:

Mrs Carole Lovatt

REGISTERED OFFICE:

28a High Street

Paisley

PA1 2BZ

REGISTERED NUMBER:

SC014346 (Scotland)

ACCOUNTANTS:

D M McNaught & Co Ltd

Chartered Accountants

166 Buchanan Street

Glasgow

Lanarkshire

G1 2LW

BANKERS:

The Royal Bank of Scotland plc

Paisley Chief Office

1 Moncrieff Street

Paisley

PA3 2AW

FIXED ASSETS

Tangible assets

2

1,975

2,323

CURRENT ASSETS

Debtors

55,689

39,008

Cash at bank and in hand

80,618

92,957

136,307

131,965

CREDITORS

Amounts falling due within one year

2,214

2,214

NET CURRENT ASSETS

134,093

129,751

TOTAL ASSETS LESS CURRENT LIABILITIES

136,068

132,074

CAPITAL AND RESERVES

Called up share capital

3

2,000

2,000

Other reserves

29,960

29,960

Profit and loss account

104,108

100,114

SHAREHOLDERS' FUNDS

136,068

132,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 24 May 2017 and were signed on its behalf by:

Mr Stanley Ivan Lovatt - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

33,476

DEPRECIATION

At 1 November 2015

31,153

Charge for year

348

At 31 October 2016

31,501

NET BOOK VALUE

At 31 October 2016

1,975

At 31 October 2015

2,323

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2,000

Ordinary

£1

2,000

2,000

4.	RELATED PARTY DISCLOSURES

Included in creditors is an amount of £714 (2015 £714) owed to High Street Management Limited in respect of a

loan provided. The loan has no fixed terms of repayment and is interest free. Mr and Mrs Lovatt are majority

shareholders and directors in High Street Management Limited.

Included in debtors is an amount of £46,550 (2015 - £23,942) due from Bruce Finance Ltd. Mr and Mrs Lovatt

are directors and shareholders in Bruce Finance Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A. Bruce Limited for the year ended 31 October 2016 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the Board of Directors of A. Bruce Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A. Bruce Limited and state those matters that we have agreed to state to the Board of Directors of A. Bruce Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A. Bruce 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 profit of A. Bruce Limited. You consider that A. Bruce 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 A. Bruce 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.

D M McNaught & Co Ltd

Chartered Accountants

166 Buchanan Street

Glasgow

Lanarkshire

G1 2LW

24 May 2017