REGISTERED NUMBER: SC205856 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

A & L BPS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A A Binning

SECRETARY:

L W Binning

REGISTERED OFFICE:

13 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

REGISTERED NUMBER:

SC205856 (Scotland)

ACCOUNTANTS:

Profit Counts Ltd

13 Glasgow Road

Paisley

Renfrewshire

PA1 3QS

FIXED ASSETS

Tangible assets

4

12,871

8,969

Investments

5

451,997

431,993

464,868

440,962

CURRENT ASSETS

Debtors

6

31,755

25,255

Cash at bank

60,704

42,860

92,459

68,115

CREDITORS

Amounts falling due within one year

7

(61,054

)

(59,878

)

NET CURRENT ASSETS

31,405

8,237

TOTAL ASSETS LESS CURRENT LIABILITIES

496,273

449,199

PROVISIONS FOR LIABILITIES

8

(2,574

)

(1,036

)

NET ASSETS

493,699

448,163

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

493,697

448,161

SHAREHOLDERS' FUNDS

493,699

448,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 12 December 2017 and were signed by:

A A Binning - Director

1.	STATUTORY INFORMATION

A & L BPS Limited is a private company, limited by shares , registered in Scotland. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the

goods are physically delivered to the customer. Turnover from the supply of services represents the value of

services provided under contracts to the extent that there is a right to consideration and is recorded at the value

of the consideration due. Where the contract has only been partially completed at the balance sheet date

turnover represents the value of the service provided to date based on a proportion of the total contract value.

Where payments are received from customers in advance of services provided, the amounts are recorded as

Deferred Income and included as part of Creditors due within one year.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance and 10% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 profit or loss in the period to which they relate.

Investments

Investments are measured at fair value each year and any difference is taken to the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2016

32,638

5,629

5,276

43,543

Additions

4,551

1,600

1,456

7,607

At 31 March 2017

37,189

7,229

6,732

51,150

DEPRECIATION

At 1 April 2016

26,635

3,203

4,736

34,574

Charge for year

2,286

774

645

3,705

At 31 March 2017

28,921

3,977

5,381

38,279

NET BOOK VALUE

At 31 March 2017

8,268

3,252

1,351

12,871

At 31 March 2016

6,003

2,426

540

8,969

5.	FIXED ASSET INVESTMENTS

Investments

£

COST

At 1 April 2016

431,993

Additions

19,406

Share of profit/(loss)

598

At 31 March 2017

451,997

NET BOOK VALUE

At 31 March 2017

451,997

At 31 March 2016

431,993

Investments comprise of the company's investment in Findlay Dunn Properties LLP, a limited liability partnership

in which A Binning is a member.The value of the investment at the balance sheet date is measured at fair value

each year.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

29,111

22,611

Prepayments and accrued income

2,644

2,644

31,755

25,255

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Tax

56,729

53,532

Other creditors

1,731

403

Directors' current accounts

1,310

4,716

Accruals and deferred income

1,284

1,227

61,054

59,878

8.	PROVISIONS FOR LIABILITIES

2017

2016

£

£

Deferred tax

2,574

1,036

Deferred

tax

£

Balance at 1 April 2016

1,036

Deferred Tax

1,538

Balance at 31 March 2017

2,574

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2016

448,161

Profit for the year

225,536

Dividends

(180,000

)

At 31 March 2017

493,697

11.	RELATED PARTY DISCLOSURES

During the year the company made net advances totalling £167,406 to the director (2016: £169,414). This

amount was cleared by dividends declared to Mr A & Mrs L Binning of £180,000 (2016: £173,000).

The balance due by the company to the director at the year end was £1,310 (2016: £4,716).

The loan is unsecured, interest free and has no fixed repayment date.