REGISTERED NUMBER: SC350990 (Scotland)

Financial Statements for the Year Ended 31 October 2017

for

ABERDEEN SPORTS THERAPY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

CL McGregor

REGISTERED OFFICE:

12 Traill Drive

Montrose

Angus

DD10 8SW

REGISTERED NUMBER:

SC350990 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Tangible assets

4

7,548

10,066

CURRENT ASSETS

Stocks

4,474

6,632

Debtors

5

1,283

2,472

Cash at bank

3,749

6,894

9,506

15,998

CREDITORS

Amounts falling due within one year

6

20,078

28,869

NET CURRENT LIABILITIES

(10,572

)

(12,871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,024

)

(2,805

)

PROVISIONS FOR LIABILITIES

385

-

NET LIABILITIES

(3,409

)

(2,805

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(3,411

)

(2,807

)

SHAREHOLDERS' FUNDS

(3,409

)

(2,805

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director on 19 April 2018 and were signed by:

CL McGregor - Director

1.	STATUTORY INFORMATION

Aberdeen Sports Therapy Ltd 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 measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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

-

25% on cost and 25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss

Account, 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 material 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2016

and 31 October 2017

27,575

1,850

29,425

DEPRECIATION

At 1 November 2016

18,606

753

19,359

Charge for year

2,243

275

2,518

At 31 October 2017

20,849

1,028

21,877

NET BOOK VALUE

At 31 October 2017

6,726

822

7,548

At 31 October 2016

8,969

1,097

10,066

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

1,283

2,472

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

3

-

Other creditors

20,075

28,869

20,078

28,869

7.	RELATED PARTY DISCLOSURES

The company was under control of the director RG Coutts for 8 months of the year and the previous

year. RG Coutts resigned as director on 30 June 2017.

CL McGregor was appointed director on 30 June 2017. The company was under the control of the

director CL McGregor from this date.

During the year the company repaid the director net amounts totalling £8,914. As at 31 October 2017

included within other creditors is a balance outstanding due to the director of £19,175 (2016 -

£28,089). No interest has been paid on this loan.

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006,

the company is only required to file a Balance Sheet. Readers are cautioned that the Income

Statement and certain other primary statements and the Report of the Director are not required

to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

19 April 2018