Aberfeldy Management Limited

Contents
	Page
Balance Sheet	1
Notes to the Financial Statements	3

Registered number: 6875417

		2018		2017
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	2	2		2
Cash at bank and in hand		3,836		3,983

		3,838		3,985
Creditors: Amounts Falling Due Within One Year	3	(202 )		(202 )

NET CURRENT ASSETS (LIABILITIES)			3,636		3,783

TOTAL ASSETS LESS CURRENT LIABILITIES			3,636		3,783

NET ASSETS			3,636		3,783

CAPITAL AND RESERVES
Called up share capital	4		7		7
Profit and Loss Account			3,629		3,776

SHAREHOLDERS' FUNDS			3,636		3,783

For the year ending 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher John Crook	Mrs Cherrie Lyn Crook
16/05/2018

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2. Debtors

	2018	2017
	£	£
Due within one year
Directors' loan accounts	2	2

	2	2

3. Creditors: Amounts Falling Due Within One Year

	2018	2017
	£	£
Accruals and deferred income	202	202

	202	202

4. Share Capital

	2018		2017
Allotted, Called up and fully paid	7		7

5. General Information

Aberfeldy Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6875417. The registered office is 37 Shiphay Lane, Torquay, Devon, TQ2 7DU.

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