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REGISTERED NUMBER: SC284847 (Scotland)








ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

ABERDEEN METALLURGICAL SERVICES LIMITED

ABERDEEN METALLURGICAL SERVICES LIMITED (REGISTERED NUMBER: SC284847)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

ABERDEEN METALLURGICAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2016







DIRECTOR: Mr I A Stott





SECRETARY: Mr E Stott





REGISTERED OFFICE: 28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY





REGISTERED NUMBER: SC284847 (Scotland)





ACCOUNTANTS: Bain Henry Reid
28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY
Page 1
ABERDEEN METALLURGICAL SERVICES LIMITED (REGISTERED NUMBER: SC284847)

ABBREVIATED BALANCE SHEET
31 MAY 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 2 9,230 10,535

CURRENT ASSETS
Debtors 16,290 13,047
Cash at bank 106,746 97,946
123,036 110,993
CREDITORS
Amounts falling due within one year (71,366 ) (66,272 )
NET CURRENT ASSETS 51,670 44,721
TOTAL ASSETS LESS CURRENT
LIABILITIES
60,900
55,256

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 60,899 55,255
SHAREHOLDERS' FUNDS 60,900 55,256

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 23 February 2017 and were signed by:





Mr I A Stott - Director


The notes form part of these abbreviated accounts

Page 2
ABERDEEN METALLURGICAL SERVICES LIMITED (REGISTERED NUMBER: SC284847)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2016


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 and services excluding value added tax, and also amounts receivable in
respect of service contracts where turnover is recognised when the company obtains the rights to consideration.

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 - 20% on reducing balance

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different
from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences
which result in an obligation to pay (more or less) tax at a future date, at the average tax rates that are expected to apply
when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment
to sell the asset.

Deferred tax assets and liabilities are not discounted.

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 the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2015 44,645
Additions 917
Disposals (131 )
At 31 May 2016 45,431
DEPRECIATION
At 1 June 2015 34,110
Charge for year 2,222
Eliminated on disposal (131 )
At 31 May 2016 36,201
NET BOOK VALUE
At 31 May 2016 9,230
At 31 May 2015 10,535

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1 Ordinary £1 1 1

Page 3
ABERDEEN METALLURGICAL SERVICES LIMITED (REGISTERED NUMBER: SC284847)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MAY 2016


4. DIRECTORS LOANS

Details of director's loan account transactions and the year end balance are as follows:
2016 2015
£    £   
Mr I A Stott:
Amount due to director at 31st May 2015 58,461 66,461
Received from director during year 12,000 12,000
Paid to director during the year (8,000 ) (20,000 )
Amount due to director at 31st May 2016 62,461 58,461

The loan is interest free and there are no fixed terms of repayment.

Page 4