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REGISTERED NUMBER: SC383650 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

Aberdeenshire Building Preservation Ltd

Aberdeenshire Building Preservation Ltd (Registered number: SC383650)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Aberdeenshire Building Preservation Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTORS: J M M Humphrey CBE
P J Higson





REGISTERED OFFICE: Viewmount
Arduthie Road
Stonehaven
AB39 2DQ





REGISTERED NUMBER: SC383650 (Scotland)





ACCOUNTANTS: The Grant Considine Partnership
Chartered Accountants
46 High Street
Banchory
Aberdeenshire
AB31 5SR

Aberdeenshire Building Preservation Ltd (Registered number: SC383650)

Statement of Financial Position
31 March 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 5 17,547 19,254
Cash at bank and in hand 11,062 7,078
28,609 26,332
CREDITORS
Amounts falling due within one year 6 12,219 9,942
NET CURRENT ASSETS 16,390 16,390
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,390

16,390

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,290 16,290
SHAREHOLDERS' FUNDS 16,390 16,390

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 directors acknowledge their 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 Board of Directors on 20 October 2017 and were signed on its behalf by:





J M M Humphrey CBE - Director


Aberdeenshire Building Preservation Ltd (Registered number: SC383650)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Aberdeenshire Building Preservation 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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. These financial statement for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015. An explanation of how the transition to FRS 102 Section 1A has affected the reported financial position and financial performance is given in the notes below.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statement 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 with the Companies Act 2006.

The financial statement have been prepared under the historical cost convention.

Revenue recognition
Turnover represents amounts receivable for rental of storage facilities.

Turnover is measured at fair value of the consideration received or receivable and represents amounts receivable
for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when the service has been provided, when the amount of revenue can be measured reliably
and when its probable that future economic benefits will flow to the entity. If a customer has not been invoiced
for services provided during the period the income is accrued and included in debtors under prepayments and
accrued income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated
impairment losses.

Depreciation on assets is provided at the following annual rates in order to write off each asset over its estimated
useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to Property - 20% on cost
Plant & Machinery - 20% on cost

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors and trade creditors.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective
evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit
and loss.


Aberdeenshire Building Preservation Ltd (Registered number: SC383650)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

3. ACCOUNTING POLICIES - continued
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 statement of financial position date.

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2016 3,296 35,719 39,015
Disposals - (35,719 ) (35,719 )
At 31 March 2017 3,296 - 3,296
DEPRECIATION
At 1 April 2016 3,296 35,719 39,015
Eliminated on disposal - (35,719 ) (35,719 )
At 31 March 2017 3,296 - 3,296
NET BOOK VALUE
At 31 March 2017 - - -
At 31 March 2016 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 1,676 3,053
Other debtors 15,871 16,201
17,547 19,254

Aberdeenshire Building Preservation Ltd (Registered number: SC383650)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 1,850 -
Other creditors 10,369 9,942
12,219 9,942

7. ULTIMATE CONTROLLING PARTY

The controlling party is North East Scotland PreservationTrust.

whose registered office is Viewmount, Arduthie Road, Stonehaven, AB39 2DQ

8. FIRST YEAR ADOPTION

The company has not recognised any adjustments on transition to FRS102 Section 1A from the date of
transition, being 1 April 2015.