REGISTERED NUMBER: SC341487 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2016

FOR

ABERSCOT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Burnett

REGISTERED OFFICE:

71 Constitution Street

Aberdeen

Aberdeenshire

AB24 5ET

REGISTERED NUMBER:

SC341487 (Scotland)

ACCOUNTANTS:

Goldwells Ltd

37 Broad Street

Peterhead

Aberdeenshire

AB42 1JB

FIXED ASSETS

Tangible assets

2

2,542

CURRENT ASSETS

Debtors

4,417

Cash at bank

1,292

5,709

CREDITORS

Amounts falling due within one year

9,212

NET CURRENT LIABILITIES

(3,503

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(961

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(962

)

SHAREHOLDERS' FUNDS

(961

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 16th January 2017 and were signed by:

C Burnett - 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).

Turnover

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

Tangible fixed assets

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

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

Additions

3,389

At 30th April 2016

3,389

DEPRECIATION

Charge for year

847

At 30th April 2016

847

NET BOOK VALUE

At 30th April 2016

2,542

3.	CALLED UP SHARE CAPITAL